Finance For Restaurants, Pubs, Leisure & Hospitality

Operating a business in the hospitality and leisure sector can often mean that there is very little time to source the right asset finance for your business.

At NGI Finance we can take the hassle out of all that searching. There are many different businesses within the hospitality and leisure industry all these businesses have different needs, so we tailor our finance solutions to meet your requirements. Payment cycles vary in different arenas – for example outdoor event hire will see peak periods of trading in the summer months, so our flexible solutions allow us to match your cash flow to achieve the most efficient results. Our asset finance can alleviate some of the pressure in the quieter times and allows more simple and reliable budget planning.

The benefits of financing hospitality and leisure equipment:

The benefits of purchasing equipment/ machinery for your hospitality business on asset finance are numerous. Being involved with NGI Finance means that you can get your hands on the very best equipment, whilst maintaining a payment plan that your business can afford. Asset finance reduces risk, retains cash reserves for working capital and staff salaries and makes setting up any premises more affordable in the short- and long-term

Here at NGI Finance, we offer excellent Hire Purchase and Finance Lease solutions with highly competitive rates to help you fund the continued progression or expansion of your hotel, restaurant, gym.

Acquiring new equipment or machinery can make a huge difference to your hospitality business, so making this process manageable and affordable is one thing NGI Finance specialise in.

With Finance Lease the equipment is hired to you by the finance company and remains the property of the finance company at all times. Monthly payments and interest rates are fixed for the duration of the contract. VAT is payable on the monthly rentals rather than in full at the outset of the contract.

Finance Leasing can be the preferred option for Partnerships, Limited Companies & Sole Traders due to the significant tax advantages.

The benefits of a Finance Lease with NGI Finance are:

• Fixed Payments – Throughout the agreement
• Low Deposit – A cheaper way to acquire the equipment you need.
• 100% Tax Deductible – Get back 18-40% of your total payments (inc. deposit).
• Flexible – A repayment structure tailored to your cash flow.
• Fixed or Variable Interest – Whatever suits you better.
• Tax benefits – VAT payable on rentals, not the purchase price.
• Although the customer does not own the equipment they can receive up to 98% of Sale Proceeds.

If you have any questions or if you require a quote, contact us now or call 01993 706403.