Portman Asset Finance Ltd is an energetic business offering equipment finance and equipment leasing to new and existing businesses throughout the UK. The company, which is located in Northampton, employs Account Managers with many years' experience in the Asset Finance sector.

With a wealth of technology and fully qualified Account Managers, the company is able to offer a professional service to all businesses applying for finance. Portman is able to finance any type of equipment for new and existing businesses. The service is designed to be as simple as possible, helping clients to gain finance to grow their business.

Portman is an independent funder for equipment finance and asset finance. The company has specialist teams to focus on business areas as diverse as franchise finance, dental/medical leasing, catering equipment leasing and the provision of sales aid solutions to large equipment suppliers.

Portman’s Account Managers are fully trained lease finance experts with first hand experience.

Finance Process

Most of the finance process can be handled by a combination of telephone, email or fax. However, all customers are welcome to visit Portman at their head office in Northampton. Alternatively, an Account Manager can arrange to visit you at your business premises or home.

Account Managers

Portman’s Account Managers have strong knowledge of the industries in which they provide finance. A customer will not have to explain how their business operates or what a particular piece of equipment does; Portman’s Account Managers know specific details about a broad range of equipment types and business sectors.

Industry Sectors and Asset Types

There are no limitations on the sectors Portman can provide leasing to. Certain UK finance companies will not finance equipment for niche or businesses considered non-core. Portman have recently provided finance to a number of these businesses. Equipment financed included soft play equipment, DVD vending machines, shop fittings, signage, shop fronts and partitioning.

Case Study

Portman’s preferred method of finance involves the provision of turnkey lease finance packages. Many of Portman’s customers ask them to finance all of the equipment required for their business.

A recent luxury café and chocolate shop contacted Portman for equipment leasing. Portman comfortably secured a finance facility of £130,000 within two working days. This covered every item of equipment required by the customer including cutlery!

Portman paid the customer’s suppliers direct for the following equipment: refrigerated display units, coffee machines, tables and chairs, EPOS, CCTV, air conditioning, sound system, lighting, sundry items, safe etc.

This arrangement was practical for both Portman and their customer; the customer had one designated point of contact for all his finance requirements and Portman had comfort in understanding their customer’s monthly outgoings. Finance was arranged over a three year period with a 10% deposit from the customer.

New Start Lease Finance

Portman readily encourage enquiries from new start businesses and typically ask for straightforward background/supporting information. Usual requirements include: business plan, financial projections, C.V and personal bank statements. Portman are acutely aware of the differences from one business to another and consequently work very closely with every business owner to approve finance.

Support and Advice

If a customer is in the early stages of a project, Portman can recommend equipment suppliers from any industry to assist with the project. All supplier recommendations of this type are fully approved Portman suppliers. This is a good example of the lengths Portman’s Account Managers will go to. Portman are also able to price check equipment on behalf of customers to ensure they are not overpaying for their equipment. The large volumes of transactions processed on a daily basis mean this process is quick and highly valuable.

What sort of equipment can I finance?

It’s possible to arrange equipment leasing for any type of equipment, vehicle or shop fitting for business use. Sample assets include but are not limited to: Catering equipment, garage equipment, medical equipment, dental equipment, gym equipment, office equipment, soft play equipment, laundry equipment, air conditioning, information technology, retail display systems, shop fittings, furniture, CCTV, cash registers, EPOS, amusement machines, vehicles, frying ranges, sunbeds etc.

What are the benefits of equipment leasing?

• Rates from 3.1% flat subject to status

• Payments are 100% tax deductible

• Decision on your application within 3 hours

• No initial outlay & no deposit required

• Bank facilities unaffected

• Paying monthly allows the equipment to pay for itself

• No security required - the equipment is the security

Who can we help?

Portman Asset Finance can provide equipment to all UK based businesses. Your business must be located in England, Wales or Scotland. Portman can help new start and established businesses.

Portman currently have specialist teams Leasing Equipment to the following areas:

• Dental

• Medical

• Laundry

• Gym

• Fitness

• Catering

• Franchise

• Shop Fit

Portman’s full range of products is available online at www.portmanassetfinance.co.uk

To talk to an Account Manager please contact Portman Asset Finance Ltd now.
(08:30 - 17:30 Mon to Fri)