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James Furniss, Commercial
If you are looking to raise commercial finance, Principle Finance is ideally positioned to help you.
We are experts at helping individuals and business owners raise asset finance. Our strength lies in our experience and our relationship with lenders that can help your application be successful by finding the right active provider of finance and ensuring your application complies with their lending criteria.
In addition to finding the right asset finance for your business, we can help with price checking, obtaining the funding, and preparing business plans as well as financial forecasts.
James Furniss Commercial
Request A Quote with James
It’s easy to get a quote. Simply complete this form and a member of our team will happily be in touch.
Why choose Principle Finance
We are a finance company built on strong principles! We are on a mission to be honest, customers focused and comprehensive.
- You’ll have a dedicated point of contact.
- We’ll only provide you with the best deals.
- Hundreds of happy customers.
2 minute online process
Our online form will take no longer than 2 minutes!
Response within 4 hours
We’ll get back to you within 4 hours during office time.
Tracked application progress
Your application is tracked so you can check progress.
Our process is simple
From business to personal, we are experts in providing loans, mortgages and insurance services.
- Apply Online directly with our team of experts.
- Get a quote from top UK lenders.
- Approve your finance.
Frequently Asked Questions
Here are a few of the commonly asked questions we get.
But if you need something answering you don’t see, contact us.
[email protected] | 0330 107 1558
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Asset finance is a flexible alternative to a bank loan, it provides many cash flow benefits to a business looking to purchase new equipment, a vehicle of other fixed assets.
Asset refinancing allows your business to improve cashflow by using the equity built up in assets already on your balance sheet. It can be useful if you want to put down a deposit on a new piece of equipment, reduce your monthly commitments or make new company acquisitions.
You don’t have to finance your purchase through the providers linked to the asset sales team. There are many alternative providers of lease, finance lease and hire purchase arrangements, who may be able to step in and fund the asset at less cost to you.
You can refinance an asset even if it is not wholly-owned by your business, and the amount of equity available is a key factor in determining how much money you could borrow against the asset.
Benefits of refinancing
- A quick injection into your cash flow
- You regain ownership of the asset at the end of the term
- Protects your company from asset depreciation
- Restructuring all your existing debt can reduce your current monthly repayments
- If you are not eligible for an unsecured loan, asset refinancing offers an alternative
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Asset refinancing may be a suitable option if your business is asset-rich but cash-poor. For example, if your business has £3m worth of assets but very little in cash reserves.
Leveraging the value of your balance sheet assets in this way releases valuable working capital and could help your business grow.
Asset refinance would also be worth considering if you want a cash injection to boost working capital, or to cover an unexpected cash shortfall or costs.
Refinancing assets provides an alternative line of credit without affecting existing bank financing and doesn’t show on your credit rating or business performance.
The Financial Conduct Authority does not regulate commercial lending.