Capalona has helped many businesses operating in England, Wales, Scotland, and Northern Ireland find the funding they require to expand, regardless of their industrial sector, circumstances, or credit rating.
Since 2014, Capalona has been one of the UK’s fastest-growing online business finance brokers, delivering a dependable service to many UK-based firms. Capalona exclusively works with renowned asset finance businesses situated in the UK, ensuring the most acceptable options for your company.
Capalona also offers different loan types: a business loan, commercial property finance, merchant cash advance, and an unsecured business loan. Learn more in this Capalona review.
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Capalona Overview
Capalona is Sorodo Limited’s trading name. Under firm reference number 774781, they are authorised and regulated by the Financial Conduct Authority. The Information Commissioner’s Office has granted them a license with the registration number ZA160887.
Capalona helps organisations through the maze of options, guiding them to the correct product for their needs. Capalona ensures that the funding quotation is the most competitive and that the business owner is getting the most incredible price possible once the suitable product has been found. The method has been designed to be as simple as possible, with a straightforward, user-friendly approach provided to the user. It is entirely free to use, and Capalona does not charge the applicant any fees for utilising the service.
Capalona has also grown. It also provides alternatives for business owners to save money in their operations, such as energy savings and other cost-cutting services. The founders set out to build an online business that made it easy for other business owners to find the correct finance product like unsecured business loans and secured business loans in an otherwise crowded and confusing marketplace after having their businesses and experiencing the frustrations that many other business owners face when trying to find business finance.
With more and more business lenders entering the market each year, alternative business finance has become quite popular. As a result, there is more variety, with different finance packages for other organisations with distinct financial needs.
With so many lenders and related products on the market, it’s nearly impossible for business owners to know if they’re looking at the right product for their needs and, ultimately, if they’re getting the best reliable service available.
Services Offered By Capalona
Asset finance is a service provided by Capalona. It allows your company to refinance current assets or hire equipment or cars with the potential to purchase them later, allowing you to stretch the expense of the repayment over time rather than having to pay for the item upfront. Asset finance is a flexible sort of loan that allows organisations to obtain new assets without purchasing them outright. It can also be used to access funds held in current corporate assets.
Asset finance can help you liberate capital trapped in your existing business assets or give you access to new equipment like machines or vehicles through a hire arrangement with the opportunity to purchase the asset at the end of the term. The following are examples of common types of business asset financing:
- Equipment leasing
- Finance lease
- Hire purchase agreements
You could access money locked up in your firm collateral, such as property or land, by utilising current assets. Additional assets are new purchases, such as plant machinery, vehicles, and equipment, that you usually rent with the option to buy at the end of the contract.
Asset finance works by lowering the amount of money a company must spend upfront when purchasing new equipment or machines. Rather than requiring a firm to acquire an asset outright, an asset lender will typically purchase the asset and charge the business a monthly fee for the duration of the agreed term.
Short-term asset finance allows businesses to obtain the assets they require without sacrificing cash flow. Staying ahead of the competition is critical for business success, but purchasing commercial equipment, trucks, or machinery can be prohibitively expensive.
As a result, numerous alternative lending companies provide business asset loans as a method for SMEs to invest in cutting-edge equipment without worrying about their cash flow. Investing in new assets may be more affordable than you think in any industry, including building, manufacturing, logistics, and printing.
In most circumstances, the cost of equipment can be spread out throughout the lifetime of the purchase. Hiring purchase and equipment leasing are two standard short-term asset finance solutions. Operating leases are another type of asset finance, but you don’t get to keep the equipment once the rental period is up. Asset refinancing, on the other hand, allows you to free up capital held in existing assets.
Many firms use asset finance to pay for staff wages and supplier invoices and support development ambitions. It’s a popular option since it’s safe and flexible; after all, you’re borrowing money against assets you already own.
On the other hand, asset finance is employed by organisations that need to replace or upgrade their existing equipment. Both asset financing options help organisations enhance cash flow and save money in the long run. Any UK business, from small start-ups to major international enterprises, can use it.
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Capalona Contact Details
Please contact Capalona’s friendly crew using the information below if you have any queries or feedback.
- They can only accept finance applications through their web form. Please fill out their form, and a member of their team will contact you as soon as possible: https://www.capalona.co.uk/contact-us/.
- They attempt to respond to your inquiry within 24 hours, from Monday to Friday. Their email address is [email protected].
- Their phone numbers are 0330 223 5036 and 0800 133 7042 if you want to reach them by phone.
- Sorodo Limited, St Andrews Park, Broncoed House, Queens Lane, Bromfield Industrial Estate, Mold, CH7 1XB is the address to contact them through the mail.
Capalona Reviews
Here are some reviews about Capalona:
Unbelievably quick, easy and stress-free. Seriously impressive. I’m recommending Capalona to everybody. –Lisa
It was a quick and professional response, it was easy to apply, and the team was very kind and helpful. –Katya
Quick, efficient and pleasant to deal with. No hassle. –Kenneth
Hopefully found the ideal financing solution for our company that was easy to set up. –Mark
They have excellent customer service. The money transfer process and application are very simple and quick. –Ashib
Summary
With so many asset finance options available, picking the correct one can be difficult. Capalona can assist you in traversing the route of asset financing and identifying the best choice for your business’s needs, according to this Capalona review.
There are several asset finance companies to pick from, and you’ll want to see which one offers the best conditions for your company. It can be beneficial to have someone on hand to go over the various things to consider before deciding, which is where Capalona comes in.
They have spent years arranging asset-based loan solutions for UK firms as a top asset finance broker. They know what to search for and can match your company with the proper asset finance provider in a few hours.
Full List Of Asset Finance Companies
We have compiled a list of Asset Finance Companies below: