Asset Q & A

How are we different?
Walker Jones can often arrange finance transactions that may fall outside the standard bank funding lines. Our lenders will take the risk with new start up businesses so the fact that your company doesn’t have any history will not deter us from helping with your funding.    

Why use Walker Jones?
Some advantages of using the lenders Walker Jones recommend are listed below:
·  Fast efficient service
·  Designated contact when processing your deal
·  Fixed rates
·  Hassle free approach
·  Can provide tax efficient leasing and hire purchasing
·  Have tomorrows technology today
·  Conserve your working capital
·  Pay as you use
·  With fixed rates you can accurately forecast
·  Acquire what equipment is needed to allow your business to become more profitable
·  Simple payment in form of direct debit no need for invoicing each month
·  Keep your credit lines intact through leasing

What is the process?
Once we have gathered together all the information needed from you we pass your details onto our lenders who will underwrite the case and arrange an agreement for you. The process from underwriting is fast and efficient. As soon as an agreement has been signed and accepted the lenders can release funds to you the same day.

How long can I lease over?
Normally agreements run from twelve months to 5 years but we can arrange terms best to suit your needs.

I’m just starting or have started in business, surely that counts me out?
Our lender look at things differently and so finance against the asset, meaning they can assist many new start up companies, unlike most banks that see new companies as too much of a risk.

Can an agreement be withdrawn?
As long as the payments are maintained the agreement cannot be withdrawn unlike the facility of an overdraft where the threat of closure is always a threat.

Can I settle an agreement earlier than the terms?
In most instances you can settle your agreement early in accordance to the lenders individual settlement terms.

What is Leasing?
To make a legal agreement by which money is paid in order to use land, a building, a vehicle or a piece of equipment for an agreed period of time. At the end of the period you will not have title of the item on lease. At the end of the agreement you can chose to buy the right of title through a third party source.

What are the benefits of a Leasing agreement?
The main benefits of leasing are:
·  that the VAT cost is spread out across the whole agreement
·  VAT can be claimed back on the rentals
·  that goods are paid for as they are used, freeing up capital
·  all that is needed is a small outlay in the form of a direct debit
·  the interest is fixed
·  unlike a bank overdraft the facility cannot be withdrawn
·  offered even to new businesses
·  can forecast accurately due to the fixed nature of the agreement

What is Hire Purchase?
Is a method of paying for something in which the buyer pays part of the cost immediately and then makes small regular payments until the debt is completely paid.

What are the benefits of a Hire Purchase agreement?
The main benefits are:
·  all VAT is paid for up front
·  no VAT on the rentals
·  full title is passed at the end of the agreement
·  an allow for depreciation in your balance sheet

If you have another question that hasn’t been listed, please contact Lewis Walker on
01743 247066 or e-mail lewis@walkerjones.net