1. Independent Asset Finance Solutions
Given the current financial climate in the UK, business managers can save a lot of time
and money dealing through asset finance experts such as Northumbria
Finance, who know exactly which lenders are best suited to particular transactions and
have developed good working relationships with a range of finance providers. If you are
looking to invest in plant, machinery, vehicles or other business assets, independent
brokerage Northumbria Finance can source a business finance solution to match your
individual requirements at a competitive price. Typical assets funded include:
Vehicles Contractors Manufacturing Computer
ranging from plant and lines, precision equipment
cars, light & machinery, engineering ranging from
heavy cranes, access equipment, PC’s, printers
commercials platforms plastic moulding & servers
through to through to machinery & through to full
buses and small items of printing presses. installations.
coaches. mobile plant.

2. Asset Finance & Leasing Facilities
Northumbria Finance typically provides finance by way of finance lease or hire purchase
facilities funding a wide range of assets including cars, commercial vehicles, IT equipment,
contractors plant, manufacturing machinery, engineering and printing equipment.
Funding is provided to clients operating in a wide range of sectors and may be
established, new-start, loss making or phoenix businesses.
Additional facilities can be provided for clients requiring help with initial vat payments,
having seasonal income streams or low deposits.
With 25 years experience in the sector, Northumbria Finance have the skill, knowledge
& attention to detail to get transactions completed!

3. Raising Finance
What information do providers of lease and asset finance facilities require to evaluate a funding proposal?
Typically finance providers will focus on the recent trading history of a business and its ability to service
existing finance arrangements and the proposed new facility. Year end accounts & management accounts
are normally sufficient, however debtor schedules & bank statements may be required for larger
transactions.
The lender will also need to know if the assets being lent against offer adequate security for the loan
value. For smaller transactions a brief description of the asset and the suppliers details are all that is
required. For larger value or specialist assets a copy of the suppliers quotation and brochure will be
required. Finance providers will often obtain a desk top type valuation to allow them to assess the security
value the assets provide at the start & over the proposed term of the funding agreement.
They will also need to understand the rational for the investment, any contracts or orders directly relating
to the new assets and what are the risks involved.
Projections are often required for larger projects. They will be looking to see that they been compiled on a
sensible, professional basis, that they are achievable and what could go wrong?
Finally, they will also look at the existing management structure of the business; do they have the
necessary mix of skills and experience to run the business and take it forward?
Northumbria Finance can help with this process. We can put forward a proposal (in the correct format)
to the most appropriate finance provider given the asset & customer details. We also complete all the
relevant documentation to ensure payment can be made to the suppliers at the appropriate time.

4. Recent Transactions
…………………..
Drinks Manufacturer
£547,000 Hire Purchase Facility
Manufacturing Line
…………………..
Recycling
£278,000 Lease Purchase Facility
Waste Shredder
…………………..
New Start Manufacturer
£41,000 Lease for
Laboratory Equipment
…………………..
Engineering Business
£140,000 Operating Lease
CNC Punch Press
…………………..
Manufacturer
£85,000 Refinance Facility
Injection Moulding Machinery
…………………..
Vehicle Hire
£60,000 Credit Line
Commercial Vehicles
…………………..
Plant Hire
£76,000 Lease Purchase Facility
Tele-handler
…………………..
Precision Engineering
Company
£29,000 Finance Lease
New Computer Installation
Loan Facility for Software
…………………..
Fitness Studio
£510,000 Lease Purchase Facilities for
Cardio Fitness Equipment
…………………..
Plastics Manufacturer
£85,000 Re-Finance Facilities
Injection Moulding Equipment
…………………..
Electronics Manufacturing
£220,000 Lease Purchase Facilities
CNC Assembly
…………………..

5. Alternative Working Capital Finance
Many businesses are finding it difficult to increase working capital facilities through traditional bank
lending! Northumbria Finance is seeing an increase in inquiries from firms seeking alternative
sources of finance to traditional bank borrowing using overdraft or term loans.
Businesses appear to be continuing to invest in a wide range of assets, but they are turning to
alternative sources of finance; typically invoice discounting, factoring, payroll finance or the
refinancing of existing assets.
Factoring is the outsourcing of the credit control function to an outside agency, who collect the debt
on behalf of its client. The client can draw on a percentage of the value of the invoices as soon as
they are raised. Fees are charged for this service plus interest on any funds drawn down for the time
it takes for the factor to collect the debt.
Invoice discounting works on a similar basis; a client can draw on the value of its invoices before
they are collected but the client remains responsible for administering and collecting the debt.
Re-financing assets, as detailed in column 2, offers another alternative, releasing funds tied up in
wide range of items such as machinery, vehicles or equipment.
Payroll finance is a relatively new form of funding which provides an additional unsecured finance
facility used to directly settle a businesses weekly or monthly payroll commitments.

6. Refinance Facilities
By using a company’s existing assets, Northumbria Finance may be able to provide new capital by
refinancing plant and machinery, cars, commercial vehicles or even commercial property.
This could help a business realise their true potential, or simply help them get through a short term
cash flow problem.
“Refinancing equipment, plant and machinery or vehicles is an increasingly popular way of raising funds
for businesses”
Typical uses of funds obtained by re-financing are:
• Refinance existing debt to reduce monthly debt repayments
• Repay or reduce bank overdraft
• Buyout a partner or acquire a competitor
• Replenish cash after a business catastrophe or significant losses
• Pay HMR&C and other tax obligations
• Have working capital for a new business opportunity or contract
• Fresh injection of working capital to fund expansion plans or stimulate further growth &
development
• Fund deposits or purchases of new equipment or machinery
To be “re-financeable”, plant and machinery generally has to be clearly identifiable, of significant
size, have a significant remaining working life and be readily removable and re-saleable. Specialised
machinery will attract low valuations and be difficult to re-finance. Similarly, “high-tech” & IT
equipment is traditionally difficult to arrange this type of finance for, given the steep depreciation
and low residual values attaching to it.
Vehicles are easier to finance, however older vehicles are less attractive to the finance providers.

7. Sector Focus — Manufacturing
With larger items of industrial equipment and machinery, it makes good business sense to fund the
asset over its useful life and conserve working capital. Northumbria Finance could help you
improve your cash flow by arranging a range of funding solutions!
• Asset finance expertise - we understand the business issues and assets used in the
manufacturing sectors
• Cash flow management - keep funds in your business and manage the vat implications of
purchasing new assets
• Flexible asset finance - for all assets, from a small factory item through to complete production
lines
• Seasonal payments - tailor your repayments to suit the cash flow peaks and troughs of your
business
We can guide you through a range of finance options to meet your specific needs. Whether it
involves new or used plant, equipment, machine tools or production lines, we can arrange a finance
solution to suit manufacturing companies of all sizes - from small niche operators through to volume
manufacturers.
Northumbria Finance typically provides finance by way of finance lease or hire purchase facilities.
Alternatively, operating leases can be arranged to build in a residual values and reduce monthly
payments.