FAQs

Q Why should I use Cabot Asset Finance?

A We’ll save you time!
We know we can do this, because we have many years’ experience of arranging financial solutions and have built up a varied network of funders, from large banks to niche lenders. This means we can move fast to negotiate the best deal to suit your financial requirements. We’ll minimise your workload too, because we handle everything on your behalf - from the initial enquiry to completion. Using our experience and expertise, we’ll get you the best deal just when you need it – and you’ll get a personal service. 
 

Q What information do you need from me?

A We’ll need some background on your company, including your latest accounts. Then we’ll need details of the equipment you’re planning to purchase (or refinance), the project that requires funding, or the cash flow requirement. 
 

Q How quickly can you get a decision?

A Because we have access to many lenders, most of whom we know well, we can usually get a decision on any funding requirement within 24 hours (subject to terms & conditions). 
 

Q What assets can you get financed?

A We can fund all kinds of equipment, such as heavy plant and machinery, medical and laboratory equipment, office furniture and fit-outs, IT equipment, cars and vans, trucks, boats ... you name it! We can also finance intangible assets such as software and non-standard items. 
 

Q Is my business big enough to be able to finance a capital purchase?

A We can help businesses of all types, from sole traders and start-ups to SMEs and corporates. We can usually find a finance solution to suit any circumstances. Minimum deal size is usually £5k.  
 

Q What deposit do you require?

A We can arrange no-deposit finance, or you can choose the deposit you would like to make. We can advise you and quote finance terms on any deposit basis.
 

Q What’s the difference between an unsecured loan and a secured loan?

A Unsecured loans are not secured against property, although directors’ personal guarantees are required if you run a limited company. Secured loans are charged against property – either residential or commercial. 

Q How long does it take to get a business loan approved?

A Subject to receipt of the relevant information, an unsecured loan can be approved in 48 hours and completed in 5 working days. A secured loan may take longer, because of the property valuation involved.
 

Q How long does it take to get a cash flow facility approved?

A Subject to receiving some basic information, we can provide indicative cash flow terms within 24 hours. These will be accompanied by the recommended lender’s quotation. We will speak to several lenders on your behalf, to make sure you get the best deal. On full approval of the facility, drawdown is available within 5 to 7 working days.
 

Q Can you help me finance equipment being supplied by a company outside the UK?

A Yes, we have managed many deals where the supplier was based overseas. In any overseas supply situation, we can advise on the terms available and liaise with the supplier of your choice. 
 

Q I have heard there could be tax allowances that may be offset against the finance cost?

A There may be capital allowances which you can claim, however, this is not guaranteed. As this is a complex field, it’s best to seek the advice of a tax expert or the tax partner at your own accountancy firm.
 

Q Can you arrange funding to purchase commercial property? 

A Yes - we arrange funding for investors and developers of residential or commercial property, as well as helping businesses acquire their own premises. We can arrange short-term funding from 3 months and above, or longer-term funding up to 20 years. Loans are available up to £25m.  
 

Q Our accounts were turned down when we approached the bank – can you help us to get the finance we need?

A We can help businesses with difficult accounting profiles, poor credit ratings, CCJs in their trading histories etc. We will find a way to get you the finance solution you require, tailored to your situation, so call us to find out more.
 

“We have used Cabot Asset Finance for some time now, this was in connection with asset finance for vehicles or equipment. I am very pleased with the quality of advice and the suitability of introductions which Brian Duffy has achieved on our behalf. Brian provides very competitive quotations through his extensive supplier network and always finds the deal that fits our business best. Cabot have also helped with cash flow finance and I trust them because they understand our cash flow requirements well, and only come up with introductions that suit our kind of business.”  
 

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With over 20 years' experience of helping businesses large and small, Cabot Asset Finance act fast to find practical financial solutions that work for your business.

Unsecured Loans up to a max of £350k Repayment terms from 6 months to 5 years No penalty for early settlement Settlement method one month’s interest No charge on property Directors PG’s mandatory
With over 20 years' experience of helping businesses large and small, Cabot Asset Finance act fast to find practical financial solutions that work for your business.

Get in touch

T: 0117 923 8385
M: 07747 866 485

Redland House
157 Redland Road
Bristol
BS6 6YE