Proweld UK Limited and Focus have worked together since 2014.
Since then we have helped many businesses benefit from the cost savings and autonomy that the solutions Proweld can offer bring.
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.
The type of finance that will be most suitable will depend on a number of factors.
These will include the annual capital expenditure for the business and whether it is VAT registered.
However for limited companies, it is worth considering the effects of the Super Deduction when purchasing new equipment.
We would always suggest that requirements are discussed with the company’s accountant to determine which option is best. We are also happy to speak with them to answer any questions they may have.
Once you have your quote from Proweld, just enter the cost below.
You can then change the deposit and term to come up with an indicative monthly payment.
Please exclude any VAT that will be due from the deposit figure you enter.
Please note these assume your business has been trading for more than 3 years and are subject to credit approval.
Once you have decided your requirements, it is a very simple process for you. We realise that you will have many decisions to make and other demands on your time. We arrange everything in the background, keeping you updated where required.
Get in touch with Proweld to discuss your exact requirements. They will provide you with a quotation.
Contact us for a bespoke illustration or use the calculator above to obtain indicative figures.
Tell us your preferred finance term and we will advise what information we will require from you.
As soon as we have credit approval we will issue a formal acceptance. We will then send you the agreement to sign.
We are of course here to answer any questions you may have. Once received we will notify Proweld that everything is in place and they will then arrange delivery with you.
Proweld will contact you directly in relation to delivery and timescales. We will contact you to confirm you are happy, once we have been made aware that delivery is complete.
We will then arrange for your agreement to be activated and Proweld paid. We will be on hand throughout the duration of your agreement to answer any questions you may have.
Focus can offer you a finance solution for any machine you require from Proweld.
We cover the whole of the UK and have facilities to suit all types of business, 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.
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.
Once we have the information we need from you, we can usually provide decisions within 24 hours. This has been taking slightly longer in recent months due to the pandemic. Once approved the finance agreement is emailed to you to review and sign.
This will depend on your individual circumstances, but we can obtain a lot of information from open sources, for example Companies House. Sometimes we may require supporting financials in the way of accounts or bank statements, but we ask for as little information as possible from you.
This will depend on a number of factors including whether you are VAT registered, cashflow and how much you have spent on equipment in your financial year.
Please give us a call to discuss these options in more detail, or ask your accountant.
The minimum term we can offer is 12 months, and the maximum is generally 5 years.
We are happy to provide you with indicative figures over the phone or by email. If you prefer, feel free to use the calculator below to give you an idea of figures by entering the solution cost and deposit (if any) that you wish to pay. Please note that these are based on businesses trading for more than 3 years and are subject to credit approval. If you are a younger business just give us a call or submit the enquiry form below and we will provide you with a bespoke illustration.
There are no up front fees payable to Focus for arranging a facility.
There is a documentation fee payable to the funder with the first payment, and this is typically £150.00.
End of term arrangements will depend on the facility most suitable for you.
Details of all fees will be clearly stated on any documentation issued to you.
You can settle the finance at any point throughout your agreement, but all payments under the agreement will still be due, sometimes with a small discount for early settlement.