Choosing a Finance Company
Call us old fashioned, but at TeleLease we like to keep life simple. Ideas like honesty and delivering on our promises are strangely important to us.
So unlike some of our top ranking competitors, we don’t advertise once in a lifetime rates for on-line customers, designed to fool them into thinking they are dealing with the cheapest asset and equipment finance company on earth, then rack up the rates and add additional fees when a credit application is made.
We do however strive to offer the right solution at the right price and the number of long-standing clients that use us again and again must imply that we’ve got something just about right. We will tell you exactly what it’s going to cost subject to credit approval so that when it is given we are all in a position to go ahead.
But in the real world it stands to reason that the cost of finance will depend so much upon the type of asset or equipment you want to lease or buy and the financial strength of your business.
For example, if you want to finance a truck or van, something with a strong residual value, it’s likely that you will get a better finance rate than when acquiring IT equipment or audio visual systems. Likewise, if your business has been trading for several years and has a strong balance sheet, you will almost certainly enjoy better terms than a new business with little or no history.
So if you need asset finance, don’t be duped. Do what businesses have been doing for thousands of years, find a decent supplier. Find an expert and get some good advice. Someone who understands the market and will tell you honestly what your chances are of getting finance, how best to go about it and the rates you will realistically have to pay.
For further information or an informal discussion about asset and equipment finance call Mike Shaw of TeleLease on 01908 516300 or visit www.TeleLease.com