When it comes to financing the purchase of new equipment and assets many businesses can struggle to find the capital to provide the required deposit – after all, the reason the equipment is being financed is often because a company doesn’t want to spend the capital required to purchase the assets outright and would prefer to spread the cost of the asset over it’s useful life.

In these situations, Genesis Asset Finance recommends using a specialist Single Invoice Discounting facility – this allows a company to release a large proportion of the value of a single invoice, thereby raising the necessary capital to pay the deposit required for the asset finance facility. We recently published a Guest Blog on how this can work for CreativeCapital UK.

If you’re considering purchasing new assets for your business, or if you have existing assets that you would like to raise capital from then contact us today to see how we can help!