ASSET FINANCE
INVEST IN PRODUCTIVITY
The simple and painless way to achieve the finance solutions your organisation needs
CAL Services UK Limited and Focus have worked together since 2017.
Since then we have helped many businesses by providing straightforward and independent finance to purchase their equipment.
Whether you are a new business or a large company we have facilities to suit your individual requirements. Not all businesses are the same, and we speak to every one to understand their exact needs and provide a bespoke solution to achieve these.
Focus can offer you a finance solution for any size machine you need from CAL Services.
We cover the whole of the UK and have facilities to suit all of our customers, from start up ventures to PLCs.
Asset finance is often used instead of outright purchase, as cash is king when it comes to the health of a business. Even the most profitable companies cannot survive with insufficient cash.
Managers have to ensure they have enough cash to meet their day to day needs, their expansion plans, and reserves to fall back on when business slows down or plans don’t work out.
Your new equipment can be installed and operational without the need for capital expenditure. The cash can then be used where it will produce the best return, such as in investment, operating activities or short term funding needs.
Keep existing banking arrangements, and credit lines free for more appropriate uses. Our finance facilities cannot be withdrawn like overdraft facilities.
Our finance payments are fixed for the whole term avoiding the effects of inflation and making cash flow forecasting and budgeting simpler. Bank facilities are generally related to interest rates, which is fine when they are low but can cripple cashflow when they increase.
Combat obsolescence problems or requirement changes as the equipment can be supplemented or upgraded at any time in the future.
Enable the finance payments to coincide with the benefits of having the new equipment as they start to appear. After all, you wouldn’t pay all your staff costs up front! Finance payments may be financed as you go along by extra income obtained by having the new equipment. Have equipment at today’s prices paid for from tomorrow’s income.
By utilising the right type of finance for your equipment acquisition you can maximise or accelerate your tax relief. We will guide you through the options available.
Finally, with Focus Finance you can expect a minimal amount of paperwork.
contact focus with your requirements
we provide you with figures and answer any queries
credit approved and agreement signed
your equipment is delivered and your agreement starts
If you have any questions we welcome phone calls or emails and will be pleased to help. However we realise that your time is precious and before you know it another day has passed and you have not had the time.
Some of the most frequently asked questions and answers can be found below.
We can provide finance solutions without the need for any deposit, or if you wish to lower your regular monthly repayments you can of course pay a deposit if you wish.
Once we have the information we need from you, we can usually provide decisions within 24-48 hours. Once approved the finance agreement is emailed to you to review and sign.
This will depend on a number of factors, including the type and age of equipment, your VAT status and your preferred timing for your tax relief.
We will be happy to talk through your individual circumstances and provide examples.
Any finance agreement we arrange can be settled early in full. The outstanding payments will be repayable with just a small discount for early settlement. We would therefore suggest choosing the shortest finance term that affordability allows.
For limited companies, if your accounts are up to date and filed at Companies House, provided your net worth is sufficient no other information is required. In other cases we may ask for management accounts or bank statements to support your application.
We will always try to make the process as quick and painless as possible for you, and are happy to explain the reasons for any information we may need.
We are happy to provide you with indicative figures over the phone or by email.
If you take out a lease agreement you will receive a VAT schedule detailing the payment and VAT breakdown so it can be reclaimed as the payments are made. In the case of a hire purchase agreement, the agreement is the source document for HMRC to enable you to reclaim all of the VAT up front.
The minimum is £1000.00 plus VAT, although we would suggest a sensible minimum taking into account fees, to be £3000. There is no upper limit, subject to credit approval.
The minimum term is 12 months and the maximum 60 months. The most popular is 3 years or 36 months.
The funder charges a documentation fee up front which is typically £195. At the end of a hire purchase agreement there is an option to purchase fee of £50-£150. All fees will be confirmed on approval and clearly detailed on any documentation you are asked to sign.
to contact CAL Services UK Limited directly: