Equipment We Finance
Equipment
Most businesses have a requirement for equipment of some type. Whether it’s simply a computer or an MOT bay, businesses inevitably need assets to function.
Equipment finance is available on all sorts of assets including;
- MOT / garage equipment
- Beauty equipment
- Cleaning equipment
- Manufacturing equipment
- Medical equipment
- Gym equipment
- Catering / kitchen equipment
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- Restaurant / café / pub equipment
- Copiers, faxes, scanners, projectors, printers
- Security systems
- Construction equipment
- Furniture
- Computers / Servers and hardware
- Telecom equipment
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This list is not final and 1pm consider most assets except vehicles. Call us on 0844 967 0944 to find out more.
Sectors
1pm will consider lending to any sector, including public houses. 1PM’s leasing portfolio currently consists of a mixture of sectors and assets, such as garage’s, cleaners, fish and chip shops and beauty salons. See our case studies for examples.
Catering / Restaurants / Public Houses
Case study – Café
1pm financed catering and kitchen equipment for a customer looking to set up a café. The cost of the equipment was £7,000 and consisted of;
- 1x Patisserie Serve Over Counter
- 1x Patisserie Counter
- 1x Verona Cash Counter
- 1x Commercial Black 4 slot Toaster
- 1x Kitchen Blender 1x Potato Station
- 1x Bain Marie 1x Double Panini Machine
- 1x Bolero Wooden Highchair
- 1x Microwave
- 1x Convection Oven
- 1x Dishwasher
- 1x Meat Slicer
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The lease was written over three years with monthly rental payments of £380+VAT paid by Direct Debit. All that was required from the lessee was £150 + VAT administration fee, signed lease documents, photographic ID and a Directors Guarantee.
Mechanics / MOT Garage
Case study – MOT Station
1pm financed MOT equipment for a garage that had been trading for 2 years. The cost of the equipment was £19,500 and consisted of;
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The lease was written over six years with monthly rental payments of £306+VAT paid by Direct Debit. A 10% deposit was paid by the
lessee. The only paperwork required was signed lease documents, a signed DG form and photographic ID.
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Beauty & Hairdressing
Case study – Hairdresser
1pm financed equipment for a hairdresser opening a new salon. The cost of the equipment was £3,032 and consisted of;
- 5 x Kubika Chair
- 2 x Evo Backwash
The lease was written over three years with monthly rental payments of £112.42+VAT paid by Direct Debit. All that was required from the lessee was a £150 + VAT administration fee, signed lease documents and photographic ID.
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