Red Eagle Finance

read moreWith very competitive rates, business equipment refinance allows you to release locked in equity from your assets. This is available across a number of sectors and equipment types. These unlocked funds can then be used as you require, from consolidating existing finance, growing your existing business or purchasing another. If you are running your own business, at some point you will come across the need to invest in order to continue growing. But this can require a substantial amount of capital investment, and often you will find yourself unable to grow further without it.

read moreRob Piggott is the Director of Red Eagle Finance. Rob has over 30 years' experience in the Asset Finance industry, having originally worked for several household names on the direct funding side of the business, which lead naturally to the setting up of his own private practice - Red Eagle Finance Ltd - in 2005. I believe the strength of my business lies in the close and professional relationships formed with our customers from day 1. This includes end users, suppliers, introducers and funders, all of whom play a vital role in the process of getting the deal done in a timely and professional manner.

read moreHaving sourced your asset and negotiated the final purchase price with the supplier, you pay a deposit to the finance company (typically 10-20%) and they then take title direct from the supplier. You are technically not the owner of the asset during the agreement but subject to eligibility you can still claim the writing down allowances as though you had made the purchase outright. On taking out a Hire Purchase agreement you would usually be required to pay a documentation (administration/arrangement) fee and the full purchase VAT.