Portman Asset Finance’s professionals have arranged over £750,000,000 in funding for thousands of businesses and can help you locate suitable financing for yours.
Portman Asset Finance has been assisting businesses in growing with rapid and flexible financing solutions. Business Loans, Lease Finance, Hire Purchase, and Refinance are some of the services they offer. They are experts in transforming obstacles into opportunities at all stages of development.
Learn more in this Portman Asset Finance review.
Table of Content
- 1 Portman Asset Finance Overview
- 2 Services Offered By Portman Asset Finance
- 2.1 What can be financed?
- 2.2 Isn’t it cheaper to go to a lender direct?
- 2.3 What is your credit criteria?
- 2.4 Over how many years is finance available?
- 2.5 Will I have to put down a deposit?
- 2.6 Do you offer seasonal payment terms?
- 2.7 What are the minimum and maximum amounts I can borrow?
- 2.8 Can I roll in any associated maintenance, installation and support costs?
- 2.9 Can you help me with my new-start business?
- 2.10 In what countries do you provide finance?
- 2.11 How do I get started?
- 3 Portman Asset Finance Contact Details
- 4 Portman Asset Finance Reviews
- 5 Summary
- 6 Full List Of Asset Finance Companies
Portman Asset Finance Overview
Portman Asset Finance, a provider of rapid and flexible finance solutions to existing and start-up firms, has helped more than 10,000 UK businesses grow by arranging over half a billion pounds in funding since its founding in 2007.
Their senior management team has a combined expertise of over 50 years in the finance business. This, combined with their skilled account managers’ comprehensive sector and asset expertise, has positioned Portman as one of the UK’s premier corporate financing providers.
Portman Asset Finance can provide a bespoke finance package that will set your company apart from its competition, thanks to its access to over 40 lenders and a wide selection of credit solutions.
Services Offered By Portman Asset Finance
Portman Asset Finance offers the following services:
- Lease Finance: Many financial institutions will only lend money on traditional tangible assets. Portman can fund any asset, from conventional hard assets like heavy plant gear, tractors, cars, or forklifts to soft assets like gym equipment, IT software, and office furnishings.
- Business Loans: You know more about your industry than anybody else. A business loan gives you the flexibility to spend the funds as you see fit. Portman can assist if you’re searching for a loan between £1,000 and £1,000,000 to consolidate existing debt, grow your existing business, or purchase another.
- Hire Purchase: However, unlike a leasing arrangement, you are the purchaser and thus guarantee ownership for the products. After all, after the payments are made, your company becomes the equipment owner, either automatically or after paying a final option to purchase charge.
- Refinance: Business equipment refinancing allows you to liberate locked-in equity from your assets with rates starting at 2.6% flat. This is offered in a variety of industries and equipment kinds. These monies can then be utilized for whichever purpose you want, such as restructuring existing debt, expanding an existing firm, or buying another.
Asset finance is a fast-growing and flexible means for entrepreneurs to fund their businesses, providing a quick and simple alternative to more traditional lending techniques like bank loans. It entails making recurring payments for using an item, such as a critical piece of equipment, over a defined length of time, rather than purchasing it altogether.
This conserves cash flow and allows you to invest in other aspects of the company, such as employee pay or marketing. While paying for your new item, you are also making money from it. Asset finance is becoming one of the most accessible and flexible types of finance and an effective method for generating growth for small-to-medium-sized firms and start-ups in particular.
You can buy assets without tying up working capital, allowing you to stretch the expense over ten years with moderate monthly payments. The item you purchase will serve as your security, allowing them to go fast through the application procedure without having to wait for multiple paperwork to be processed.
Once everything is in place, rather than paying in one flat sum, you may let the new equipment pay for itself as you use it. You can replace any obsolete equipment immediately if you’re upgrading rather than saving up for an outright purchase. Payments on lease finance agreements are fully tax-deductible, and the set interest rate for the duration of the arrangement makes budgeting a breeze.
For more information, here are some FAQs about Portman’s Asset Finance:
What can be financed?
Portman can fund any existing assets, from hard assets like machinery, tractors, forklifts, and vans to soft assets like IT software, office supplies, gym equipment, and furnishings. They can finance assets in practically any industry, not just those featured on their site, so contact them, and they’ll be pleased to help whatever asset you need to further your business.
Isn’t it cheaper to go to a lender direct?
You might think so. However, because of the volume of business Portman does with their unique panel of lenders, they can offer special rates to their consumers, lowering the overall cost. You won’t have to do any legwork if you come to them. You won’t have to take time away from work to look for lenders or make the arrangements. They handle everything so you may focus on your day-to-day operations.
What is your credit criteria?
Members of Portman Asset Finance take pride in their adaptability and treat each customer’s situation individually. They aid both new and existing businesses, so if you need financial help to grow your business, regardless of your credit history, contact them to see if they can help and give you ongoing support.
Over how many years is finance available?
Any time span ranging from one to ten years. Every case is evaluated on its own merits and criteria.
Will I have to put down a deposit?
No, it isn’t required. Portman can help you get a loan with no money down.
Do you offer seasonal payment terms?
Yes, many businesses experience strong demand for their services at certain seasons of the year and low demand at other times. All financial agreements with Portman are tailored to the needs of each company, and lower payments can be agreed upon during periods of predicted trade decline.
What are the minimum and maximum amounts I can borrow?
Finance arrangements with Portman range from £1,000 to almost £1,000,000.
Can I roll in any associated maintenance, installation and support costs?
Yes. You can incorporate all of this into your monthly payments.
Can you help me with my new-start business?
Asset financing is an excellent way to get a new firm off the ground. Portman is dedicated to assisting entrepreneurs and has a unique understanding of the entrepreneurial culture in the industries in which they work. They’ve dealt with the specific obstacles that new-start firms confront before, and they know how to transform those challenges into opportunities.
In what countries do you provide finance?
The United Kingdom as a whole, including Northern Ireland.
How do I get started?
Don’t hesitate to get in touch with Portman to see how they can assist you. You’ll be allocated a personal account manager who will oversee your finance application from beginning to end. Customers are not passed from one department to the next. They provide consistent and specialised service throughout the entire finance process, allowing them to respond quickly and adapt to your needs.
Portman Asset Finance Contact Details
To get started, here are the contact details of Portman Asset Finance Limited:
- Registered office address: Portman Asset Finance Limited, 1 Pavilion Court, 600 Pavilion Drive, Northampton Business Park, Northampton, NN4 7SL
- Office hours: Weekdays 08:30 – 17:30
- Telephone: 01604 761 276
- Email: [email protected]
- Complaints: [email protected]
You can also sign-up for their newsletter to get the latest Portman news, offers, and guidance on the recovery loan scheme.
Portman Asset Finance Reviews
Here are some customer reviews about Portman:
A good and simple company, if you give them the information to do the job they will present the goods. –Tony Minshall
Only been in contact with PAF for a week now but so far have found them very helpful and simple. –Brad Space
Exceptional customer service, superb communications. –Marcus Isherwood
Excellent service. Kept well informed throughout the process. Very professional. –Julie Whyborn
Quick no-nonsense service and delivery of a Government-backed Recovery Loan. Delighted with the outcome. –Tracy Standish
Summary
Portman Asset Finance has a proven track record of assisting businesses with the capital they require to thrive. The firm recognises the particular problems that companies encounter at every stage of their development.
Portman Asset Finance is in the most significant position to find the best deal for your company because it works with over forty of the UK’s top lenders. They take care of everything, so all you have to do is sit back and wait for the monies to arrive in your account.
They can finance practically anything from any sector, whether it’s new equipment, a recent refurbishment, or even a whole new workplace, with a wide choice of products and credit accessible from £10,000 to £10,000,000 across their network of lenders.
Speak with a manager of accounting today through the contact information given in this Portman Asset Finance review.
Full List Of Asset Finance Companies
We have compiled a list of Asset Finance Companies below: