This notice only effects soft assets and equipment types and not heavy plant and machinery or commercial vehicle leasing.
Funding partners have just issued new lending criteria for the following assets types. ( The assets types are typically soft assets, not heavy plant/machinery or commercial vehicles ). The following list of Equipment can be leased via Enable Finance Equipment Leasing Division.
|Asset / Equipment Types Financed||Funded||Funded||Conditions|
|Telecoms & Telephone Systems||Yes||Hirers must have traded for 3 years +|
|Photocopiers||Yes||Hirers must have traded for 3 years +|
|Vending Machines||Yes||Hirers must have traded for 3 years +|
|Audio Visual & DJ Equipment||Yes||Not to pubs|
|CCTV Equipment||Yes||Hirers must have traded for 3 years +|
|Computer Software & IT Leasing||Yes|
|Garage & Accident Body Repair||Yes|
|Nursing Home and Patient Monitoring Equipment||Yes|
|Taxi Navigation and Vehicle Tracking||Yes|
|Television & Broadcasting||Yes|
|Proposal Values||Min £3,000||Max £50,000|
|Guarantees and Indemnities||Yes||Exceptions may be made for large PLC’s|
|Default’s and CCJ’s||No|
|Accounts for Limited Companies||Yes||No more than 18 months old|
|Non-Limited Companies||3 months bank statements|
|Sale & Leaseback||Yes||For assets less than 3 months old|
|New Business Starts||Yes||Must have relevant experience of owning a successful business in that sector and 3 months bank statements|
Have a question?
Call 0845 070 2050