Plant Finance & Machinery Finance
We provide a wide array of asset finance options and our experienced team are here to find you the best deal.
The asset finance industry is full of direct lenders and finance brokers, but how do you know you're securing the best deal? Our experience and exclusive deals means our customers win every time.
”I have worked with Pegasus Finance for some time now. Initially they were providing finance options for my customers, now they have helped my business grow with a business loan. Couldn’t praise them highly enough. First class service. Thank you.”
Plant Finance Benefits
Fast access to the latest equipment
Tax efficient
Leasing or Hire Purchase options
Ease of budgeting
Engineering machinery finance
Construction equipment finance
Options to update or upgrade
Can be used for machine tools and other equipment
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Plant Finance
If you are a construction, manufacturing or engineering business it can be tricky deciding on how to fund the purchase of expensive plant & machinery, which is essential to the operation and expansion of your company.
Our business finance advisors are on hand to share their extensive knowledge of plant & machinery finance, to discuss your plant finance requirements and arrange a tailored solution to suit your circumstances.
Plant finance enables you to spread the cost of plant & machinery to ensure the payments are affordable and to improve the cashflow of your business in the long term. It is also tax efficient and your accountant will be able to minimise your tax liability by offsetting any rental or interest payments and by reclaiming any VAT paid. At the end of the agreement it can be possible to purchase the asset (often for a minimal fee) or to continue rentals at a much lower payment.
Hire purchase options can also be provided which enables you to automatically take title to the equipment at the end of the agreement. Terms of up to 5 years with a ballon payment are available. (VAT can be deferred until the end of your current VAT quarter.)
Good Reasons To Use Us
Long established & respected finance broker
5 Star customer feedback
Regulated and approved by the FCA
We compare the finance deals, so you don’t have to
We often approve applications others have declined
Competitive interest rates
Plant & Equipment Refinance
If your business owns plant, machinery, equipment or vehicles that are fully or partly paid for, then why not release capital from them to use in other parts of your business?
Equipment refinance can be a great way of unlocking cash, based on the value of assets you already own, in turn providing additional working capital.
Pegasus can refinance a wide range of assets and equipment including anything from vehicles and machinery to printing presses and IT. So long as the asset still has a reasonable value then there is every chance that we can help you raise the funding you require.
Providing a lender security in your equipment is very reassuring and means the chance of acceptance is much higher than other forms of funding. So even if you have been turned down by your bank this should be a good option for your business.
Fast And Tax Efficient
Providing the asset has a reasonable value and you can prove you own it, refinancing your equipment is a fast way of releasing money tied up in your business.
An initial decision in principle can usually be obtained within a few hours and pay out can be received in 24 hours.
Plant refinancing is also generally 100% tax deductible and your accountant should be able to offset the payments against your current tax liabilities.
Flexible Business Funding
Cost effective financial solutions without the delays and hassle traditionally associated with business finance.