Q
I would like to keep the assets on balance sheet, is this possible?
ASome funding options will allow you to keep the asset on balance sheet, while others may not. We can help you choose the option that is best for your business.

Q
How is asset finance different to other form of funding, say a bank loan or an overdraft?
AAsset finance is much more flexible than a standard loan. Asset finance can be used to provide cash flow and/or spread the cost of an asset over a set term, and lending criteria is not as strict. The asset cannot be recalled at any time during the agreement, and you may even enjoy some tax benefits.

Q
How do I find out if I can refinance the equipment that I own?
AYour ability to refinance will depend on the condition and value of the asset, along with other factors. If you are interested in asset refinance, we will be happy to provide a free consultation.

Q
What information must I provide?
ADepending on your needs, we may ask to see bank statements, paperwork related to the asset, balance sheets and other relevant documentation. If you would like a more detailed list, please contact us to discuss your financing needs.

Q
What are you going to be looking for by asking for my bank statements?
AWe will be reviewing your bank statements to make sure that you have enough cash flow to make your loan repayments. If we find items of concern on your bank statements, we may ask for an explanation.

Q
Who do you lend to?
AWe provide financing services to all types of businesses, including sole proprietorships, limited liability companies and partnerships.

Q
What checks are you going to do to decide if you will provide the loan?
ABefore approving the loan, we will review the condition of the asset, your business’s performance, your credit rating and your financial background.

Q
What condition do the assets need to be in?
ABefore approving the loan, we will review the condition of the asset, your business’s performance, your credit rating and your financial background.

Q
Will you need to visit my business?
AFor some loans, we may need to visit your business. However, this is not always required.

Q
How much can I borrow?
AIt can vary depending on the situation. We recommend scheduling a consultation so we can review all the information and provide you with a concrete answer.

Q
How do I apply?
AYou can apply by calling +44 0203 7707 838 or +44 0203 7707 838, or you can send an email to finance@josephmeer.com. You can also request information by filling out the form located at the bottom of the page.

Q
Can I borrow all of the value of the asset?
AIf you are financing a new asset, you can borrow its full value. However, if you are financing an older asset, the amount you can borrow will be limited to 80 percent of the asset’s value.

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