finance products specific and flexible
Catfoss Finance Limited is the business funding division of the Catfoss Group of Companies and services the financing needs of a wide variety of small, medium and large businesses, by providing flexible and specific financing solutions, ranging from small individual values from £1000, to large multi £million transactions. These products are available for equipment users, manufacturers and suppliers. The funding needs of our customers are serviced by the provision of a wide range of products and services.

Hire Purchase
A traditional method of spreading the cost of the equipment over the useful working life of the asset, or paying for it as you use it. Benefits are: fixed rate, fixed regular payments giving accurate budgeting and cash control, tax relief on interest paid and capital allowances available. Ownership transfers to the user at the end of the agreement.

Finance Lease
This gives the user all the benefits of the use of the equipment without ownership. A flexible form of financing, which can be tailored to suit individual needs. The asset is usually otionally shown on the lessee's balance sheet for depreciation purposes, rentals are chargeable for VAT (reclaimable) and 100% tax allowance is available on payments made.

Operating Lease
The requirement for this product usually arises when a lessee has to comply with accounting regulations, or simply as a means of driving down monthly costs to assist with budgeting. No economic risk is taken in the equipment by the user and therefore no capital allowances are available. Tangible residual positions are usually taken.

Refinancing
Releasing additional funds to develop the business by sale and leaseback or sale and hire purchase back of unencumbered assets.

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