We review all information provided in a proposal, so the more you give us, the better we understand.

Some information is mandatory, such as a proposal form, which captures details of the business, its directors, the equipment, supplier, and rationale for investment.

Last accounts and up to financial information is essential along with 3 months bank statements.

Yes, we are authorised and regulated by the Financial Conduct Authority, FRN 700142.

Getting started with Asset Finance is simple. We are happy to explain just how simple this is and also get a better understanding of your requirements.

You can contact Sophie or Laura in our direct business team on: 01865 986468 / 01865 410578 

Or email them at: s.carter@admiral-leasing.co.uk / l.aldridge@admiral-leasing.co.uk

Alternatively, you can use our live chat facility or email us at info@admiral-leasing.co.uk

With Hire Purchase, you generally pay a higher amount upfront and then the remaining cost of the asset is repaid at an agreed fixed-rate of interest per month until the end of the agreement.

At the end of the agreement, you will be given the option to purchase the asset outright for a small fee.

You may be able to afford to buy the equipment outright, but before you make this decision you must consider the following:

Leasing payments are an allowable business expense, therefore the profit can be reduced by the amount of the rentals you pay each year, which in turn reduces your tax bill. Payments are typically the same throughout the lease contract, this means that increases in interest rates do not affect you, and your cash budget can be utilised more effectively.

Leasing enables you to protect your cash to use for other business needs such as new stock, staff training, new business opportunities and unexpected expenses.

We can arrange finance for all types of organisations from new starts to well established businesses. We finance all types of business assets and equipment including vehicles and our finance is available over 1 to 7 years depending on the asset you are looking to finance. We also offer professional, tax and commercial loans that can be used for cashflow, stock purchase, renovation work, extensions etc and these are available over periods as short as 3 months right up to 5 years.

Once we have all the information we have requested from you, we will do the relevant credit searches and pass the file through to our credit team. Typically, for straightforward deals under £20k we should be back you with a decision in under 6 hours. Larger and more complex deals should be turned around within 24 hours. We will communicate with you and let you know of any delays if they arise.

We simply need to check all the details we hold on file are correct and depending on when we approved your last facility we may need to do another credit search and may need so additional financial information.  We also just need to know the reason for the additional finance and if it is an equipment purchase we simply need to know what the equipment is and who is the supplier.

Yes we can arrange Commercial Loans for established businesses. These can be used for cashflow, stock, training, building works, refurbishments, expansion within the business. We can arrange Commercial loans up to £500k from between 1 and 5 years. We can also arrange shorter term VAT and Tax loans for periods from as small as 3 months.

We can arrange leasing and HP facilities for vehicles where you (the customer) are sourcing the vehicle. We currently do not offer Contract Hire, PCP or source vehicles.

Leasing is wholly allowable against pre-tax profits and can work out to be cheaper than a cash purchase.  Rentals are classed as a business expense and are paid from pre-tax profits. Your accountant or financial advisor would be best placed to advise you of the tax advantages specific to your business.

We offer finance to new start businesses as well as established companies. For a new start business finance application, we take the details about the individuals behind the business and want to understand the rationale and investment into the business. As there would be little financial information relating to the business, we tend to gather financial information on the business owners instead. We will always require some financial information from the individuals behind the business, usually copies of their last 3 months bank statements and if ideally a business plan if they have one.

We fund the majority of deals using our own funds, with a few funded via our external funding partners so it is very unlikely that your lease would affect other credit lines you may have.

Supplier finance is a financing arrangement that allows businesses to extend payment terms to their suppliers while providing suppliers with access to fast and affordable funding.

This provides the supplier with access to funds more quickly and at a lower cost than traditional forms of financing, such as bank loans or lines of credit.

Supplier finance can be beneficial for both the buyer and the supplier.

In order to do regulated business with Admiral Leasing & Loans you need to be regulated by the Financial Conduct Authority. Visit the FCA website for more information on this matter.
We do also offer non-regulated leasing options which do not require you to be regulated.

Yes, we are authorised and regulated by the Financial Conduct Authority, FRN 700142.

Yes. If your customers would like to finance equipment from you, Admiral Leasing & Loans can help.

We can advise your customers how much finance might cost, which makes it easier for them to buy from you.

Suppler finance makes it easier for customers to buy from you. There are several benefits to your business:

• Increase sales and revenue
• Expand your customer base
• Payment upfront rather than in instalments 
• Increase order value 

and more.

Contact us to find out more 0800 083 2181

We work quickly. Once we have all the information we need from the customer to make a funding decision we will get back to you and your customer with an answer within 24 hours, often the same day. We will also pay your invoice quickly.  As soon as the equipment is delivered we will conform with the customer and arrange payment – this is often on the same day as delivery.

ALL business critical equipment is considered including software.

We will consider new start ventures right through to well established businesses.  For newer start businesses we always need to have a homeowner associated to the deal.  This can be a Director or the owner of the business but could also be a close friend or family relative who is acting as a guarantor on the finance.

We can consider proposals as low as £1,000 with no upper limit.

We like to keep it as simple as possible. Most of the information we need we take from the customer during a chat with them on the phone. If the customers business is established, they then simply email us copies of recent bank statements then we run credit searches where applicable, and pass to our in house underwriters for a decision. Where the business is new or very newly established, we may require personal bank statements and a business plan. More than anything we are looking to understand the customers business and make sure that they can afford what they are buying – as a responsible lender we do not want to over burden a customer.

The customer has full use of the equipment throughout the agreement and yes we can arrange perpetual use of the equipment in most cases.

From 12 months to 5 years on most equipment but some equipment can be leased for 7 years.

They may have a relationship with their bank but they will also have other commitments with them – loans or overdrafts. Banks are slow decision makers. Using Admiral means that you maintain control of the transaction and we can work with you and the customer to get a quick decision.

It’s simple; we obtain as much information from the customer to build up a picture of their business. Once we have the additional information we need, the customer will email to us so we can get out inhouse underwriters make a decision right away.

Most companies in the marketplace are brokers. We are a funder so we work quickly and flexibly to approve customers for finance. We integrate ourselves into your sales process and we decide who we lend to and on what terms. Approvals are swift and also payments on invoices are quick too – often happening on the day of delivery.

You may be able to afford to buy the equipment outright, but before you make this decision you must consider the following:
All leasing payments are rental payments and as such are an allowable business expense, therefore if a business is making money the profit can be reduced by the amount of the rentals paid each year, which in turn reduces its tax bill.
Payments are normally the same throughout the lease contract. This means that increases in interest rates do not affect the customer and so their cash budget can be utilised more effectively.
Leasing enables a company to protect its cash to use for other needs such as new stock, staff training, advertising, new business opportunities and unexpected expenses.

No.
Your monthly payment is fixed at the start of the lease and so is unaffected by interest rate rises. You can budget your cash flow more accurately. As inflation rises, because your payments are fixed, the cost of the equipment reduces in real terms.

A lease agreement is a contract between you, ‘the customer’, and a leasing company. This enables the customer to have and use a piece of equipment over a period of time on payment of rentals to the leasing company.
With a typical lease agreement, you make a series of regular payments (usually on a monthly basis), thus helping cash flow, as opposed to a large capital outlay for the equipment.
There won’t be a depreciating asset on your books, and can benefit from the tax advantages of paying a lease rental.

Yes.
Any business wishing to acquire capital equipment should look for the most tax efficient way to purchase.
All lease payments are treated as an allowable business expense and therefore attract tax relief for the full duration of the lease agreement. Your accountant will be able to confirm this.
The repayments on a lease are treated as a rental and therefore attract VAT. The VAT can be reclaimed for VAT qualifying business.
If the business is also making profit, then it will be paying tax on that profit. The repayments on the lease for the financial year can be expensed before the pre-tax profit is declared.
Even if a business is not profitable and cannot claim any tax benefit, the flexibility that a lease offers is sufficient justification alone for many businesses to choose this financing option.

No, unlike many companies in the marketplace, we can provide finance facilities for sole traders, partnerships, limited companies, PLCs and Public Bodies.

Yes, should a business wish to pay off the agreement early, a settlement figure can be provided at any time.

Absolutely yes.
We are licensed by the FCA.  We also comply with all current legislation under the Data Protection Act.

In order to do regulated business with Admiral Leasing & Loans you need to be regulated by the Financial Conduct Authority. Visit the FCA website for more information on this matter.
We do also offer non-regulated leasing options which do not require you to be regulated.

Yes, we are authorised and regulated by the Financial Conduct Authority, FRN 700142.

We review all information provided in a proposal, so the more you give us, the better we understand.

Some information is mandatory, such as a proposal form, which captures details of the business, its directors, the equipment, supplier, and rationale for investment.

Last accounts and up to financial information is essential along with 3 months bank statements.

In straight forward cases, the same day as we pay the supplier or the customer.

Once in receipt of original, wet signed paperwork as part of the broker pay out pack, assuming everything is ok and it passes our checks, we aim to pay the deal out within 24 hours.

As well as financing business essential equipment, Admiral Leasing & Loans can provide businesses with funding for their quarterly VAT bills and corporation tax bills, as well as annual insurances and subscriptions.

Where a comprehensive proposal has been sent, you will usually receive a decision back from us within 24 hours.

Not always as every lending decision we make, considers, as a primary requirement, the ability for the business to take on debt and meet the obligations of a new finance agreement.