FULL PROJECT COSTS
Finance hard assets, labour, design, installation and other intangible costs
STAGED PAYMENTS
Funding can be released in line with your fit-out programme and supplier payment schedule
VAT FUNDED
The lender can fund the VAT upfront, reducing the initial cash requirement
FLEXIBLE TERMS
Repayments structured over up to 5 years to suit the project and your cash flow
WHY FINANCE A FIT-OUT
Even cash-rich businesses choose to finance
01 - Spread the cost as the assets depreciate
Match your payments to the useful life of the fit-out, rather than paying for years of use on day one.
02 - VAT paid upfront, repaid over the term
The lender pays your supplier's VAT in full, removing a significant cash requirement at the tightest point of a project.
03 - Potential tax advantages
Lease payments may be treated as a deductible business expense, depending on how the facility is structured.
04 - Protect your existing credit lines
Keep capital free for stock, hiring or the next opportunity, instead of tying it up in fixtures and fittings.
OFFICE FIT-OUT · ACCOUNTANCY FIRM
£455,000
✓ Three-year finance lease, stage-funded
✓ No personal guarantees, no property security
✓ Client was cash-rich, but chose finance to preserve capital
Partitions and glazing, flooring, lighting, electrical and data works, fire and security systems, kitchens, joinery, furniture and installation, arranged on a balance-sheet basis at pricing more competitive than the firm's existing bank routes.
Working with Patrick was a breeze: personable, knowledgeable, with quick turnaround, straightforward comm.’s and the best rates. He was empathetic to the challenges of all parties and always worked to strike a deal and “find a way”. I’ll be using Patrick again…
- Alex Redman, Quatermaster Lets LTD
