With expert guidance, office furniture financing can provide an essential, versatile, and cost-effective solution.
Market-Leading Rates
We provide access to market-leading rates for every client, thanks to our relationships with business finance lenders across the market.
Multi-Award-Winning Team
Our team of business finance advisers have years of experience and are qualified to the highest level. We're proud to have numerous customer service awards to our name.
Fully Independent
As an independent brokerage, we focus on your best interests when comparing finance: from costs and terms to speed of service.
To book a free, no-obligation call with an adviser to discuss your options, contact us today.
Our dedicated business finance team have deep industry knowledge and years of experience.
Jonathan Moffatt
Head of Business Finance
Ben Francis
Finance Executive
James Ellacott
Commercial Finance Broker
How We Work
1. Get a Customised Quote
Our business finance brokers will get an understanding of your business and your requirements, look at your financial forecasts and accounts, and provide a sense-check on what product(s) will best fit your needs, as well as how much you could borrow, and what the costs and terms could look like.
2. Compare Options
When you’re happy with the proposed solution, we’ll go away and compare options across the market. We’ll often present a range of choices ranging from lowest cost to most flexible, and we’ll talk you through the pros and cons of each if it’s a close decision.
3. Submit Your Application
If you’re happy with the terms we can source, we’ll handle the paperwork and submit your application for you. We’ll handle any issues and questions that may arise from the lender, and we’ll keep chasing your application to ensure funds are released as quickly as possible.
4. Receive Funds
You receive your finance– success! And we’ll always be here for any ongoing questions or support you require during your loan term.
Read some of our latest business finance case studies below.
Commercial Mortgage Restructuring for Healthcare Business
Capital Raised £2m
London
The Scenario
Our client, a thriving healthcare business with multiple sites across the UK, approached us seeking a £400,000 commercial mortgage to purchase their Bristol office, which they were currently leasing. They already owned properties in London and Birmingham.
Initially, they had received high-interest rate quotes due to the relatively small loan size, and approached us for a bespoke comparison of their options.
However, after initial dicussions, our team recognised that this presented an opportunity to review and optimise their overall property finance strategy.
The Solution
After a comprehensive analysis of their property portfolio and existing debt, we proposed a strategic restructuring of their commercial mortgage finance:
Consolidate all existing debt into a single commercial mortgage, secured against the London property, which had the highest value.
Release equity from the London property to purchase the Bristol office outright.
And also clear their existing charge on the Birmingham office.
This approach would result in:
Two unencumbered assets (Birmingham and Bristol offices)
A single commercial mortgage secured against the London property
A lower overall loan-to-value ratio thanks to the high value of the London property, making them eligible for lower interest rates
The final terms were:
Total loan amount: £2 million
Term: 15 years
Type: Owner-occupied commercial mortgage (as the company operates from the property). Note: owner-occupied commercial mortgages generally have more lenient loan-to-value requirements than standard commercial mortgages.
We also knew our client’s requirement was attractive to lenders, thanks to the large loan size and relatively low loan-to-value, so we were able to pitch the best offers from each lender against each other.
The entire refinancing marked close to a 2.5% reduction in the interest rate they’d be paying on their debts over the 15-year term; a saving that itself would cover the entire monetary cost of purchasing the Bristol office.
By taking a holistic view of our client's property finance needs, rather than simply fulfilling their initial request, we were able to deliver a solution that not only met their immediate needs but also:
Simplified their debt structure
Reduced their overall interest payments
Freed up capital for future investments
Strengthened their balance sheet with two unencumbered properties
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Invoice Finance Solution for Haulage Firm
Capital Raised £800k
Essex
The Scenario
Our client, a thriving haulage business based in Essex, approached us seeking £200k in working capital finance.
Initially, they were unsure about the best financing option for their needs – from asset finance to an unsecured business loan to refinancing their commercial property – so, they approached us for advice.
Their outstanding invoices, under standard payment terms, wouldn't be converted to cash for at least 90 days. So, the debtor book presented an ideal scenario for invoice finance, a solution that could potentially unlock more capital than the client initially sought and with a fast turnaround.
The Solution
This approach would allow them to release up to 90% of their sales ledger value, providing far more than the £200k they initially requested.
To ensure we secured the best possible terms:
We approached multiple lenders.
Within the same day, we received term sheets from 9 high street lenders, providing a range of competitive options.
We compared these offers considering factors such as advance rates, fees, and flexibility.
We then presented and discussed these options with our client, helping them understand the pros and cons of each offer.
Based on our recommendations and the client's preferences, we secured an excellent invoice finance facility:
Credit limit: £1 million
Initial funds released: £800k on day one
Competitive pricing: 2% over base rate, reflecting invoice finance as one of the most cost-effective funding solutions
The funds were earmarked for various aspects of the haulage firm's operations, including:
Fuel costs
Vehicle maintenance and repairs
Driver wages and training
Insurance premiums
Upgrading fleet management software
Expansion of warehouse facilities
This case study highlights the importance of expert financial advice in identifying the most suitable funding solutions.
Our client was able to unlock significant working capital, supporting their current operations and laying the groundwork for future growth in the haulage industry.
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Asset Finance Loan for Pharmaceutical Business
Capital Raised £13m
London
The Scenario
A large pharmaceutical corporation approached us seeking financing options for a major logistics expansion project.
They needed to purchase robotics equipment, conveyor belts, and dedicated software to enhance their operations, requiring a total of £13m in funding.
The company had already received quotes for traditional unsecured business loans through their existing relationships, but wanted to explore the possibility of more cost-effective alternatives.
The Solution
After carefully analysing the client's needs and financial situation, we advised on and secured approval for a £13 million asset finance credit line.
Key features included:
Secured Loan: The loan was secured against the equipment being purchased, allowing for much more favorable terms.
Significant Cost Savings: Because of this, we secured an interest rate 2 percentage points below the quote they had received for an unsecured loan (resulting in very significant savings on £13 million).
Flexible Drawdown: The credit line allows for multiple drawdowns at different times throughout the project, with each hire purchase only crystallising at the point of drawdown.
Interest Efficiency: The client only pays interest on the amount drawn down at each stage, rather than on the full loan amount from day one.
Repayment Flexibility: Repayments are also only made on the amounts drawn down, improving business cash flow management.
Even though the business could have likely funded the equipment with their existing cash, they chose to finance the project for a number of reasons:
By opting for asset finance, the company preserves cash for other business expenses rather than tying it up in assets.
The interest paid on the business loan is tax-deductible and hits the profit and loss sheet, so can ultimately be offset against their corporation tax liability.
This case demonstrates our ability to provide innovative financial solutions for large corporations, leveraging our expertise in asset finance to achieve substantial cost savings and enhanced flexibility compared to traditional lending options.
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Speak to a business finance specialist today
Get the funding your business needs to reach its full potential. We’ll guide you through the process and take care of the heavy lifting.
Purchasing new officeequipment using company cash can put a huge strain on cash flow. Leasing is effectively a rental agreement where a lessee can use and operate equipment or machinery under a lease agreement from the owner (lessor) in return for regular payments. Depending on the type of lease agreement at the end of the term, the lessee can continue making payments to carry on using the equipment, get an equipment upgrade to benefit from improved technologies or return the equipment back to the owner (lessor).
Operating leases - Usually taken our for a short or medium term period. Allows the use of an asset but does not convey ownership rights and as such the lessor is not responsible for maintainance. The asset will also not appear on the lessee balance sheet where rental payments can be offset against profits.
Finance leases - Often referred to a "Capital Leases" where the lease is taken out typically for the lifetime of the asset by the lessee. The lessee will make rental repayments over the rental period equivalent to the asset value plus interest. At the end of the term the lessee can continue using the asset usually for a lower rental repayment, sell the asset and get a percentage of the sales proceeds, return the asset to the owner. With a finance lease VAT can be spread over the repayment term.
Hire Purchase:
With hire purchase you can spread the cost of the asset you are buying over time. You own the asset at the term end and you are responsible for maintenance and insurance. Typically a hire purchase agreement will require an initial down payment followed by a set number of repayments of capital plus interest over a fixed term. Typically the type of assets purchased under a hire purchase agreement include business vehicles such as vans and lorries, but this can also include office equipment such as desks and other furniture.
Asset Refinancing
If your business own assets, then it may be possible to unlock value to release cash. Typically there are two ways to raise finance in this way. One way is to use the asset as a security for a loan. The second way often referred to as asset based lending is where you can sell an asset to a specialist lender for an agreed amount. Your business can then lease the asset back from the lender based on an agreed capital plus interest repayment schedule.
Pros & Cons of Asset Financing
Pros:
Great way of reducing upfront cost of purchasing high ticket value items
With fixed repayments you can budget effectively
With this type of finance the asset you are buying acts as the security
Maintenance and insurance costs are normally covered by the provider
Can be more cost effective than bank loans or an overdraft facility
Some providers will give you the option to settle the finance early, should you wish
Cons:
As with most debt there are implications if you dont make repayments on time. The asset could be reclaimed which could have a serious impact on your business.
Certain types of damage to the asset may not be covered by insurance and will need to be covered by you (your business).
Call us today to discuss your requirements on 0203 900 4322
You can find the most common questions asked about business loans below. If you have a question that isn't answered here, please email us at commercial@cliftonpf.co.uk
Who is eligible for a business loan?
Eligibility varies by lender, but typically, businesses need a solid credit history, consistent revenue, and a clear business plan. Both new and established businesses can apply for loans.
Which loan is best for a small business?
The best loan depends on the business's needs. Options include unsecured loans for fast funding or secured loans for larger amounts. Cash flow loans, equipment financing, and merchant cash advances are also popular.
What are the easiest business loans to get approved for?
Unsecured business loans or merchant cash advances tend to have easier approval requirements, especially for businesses with consistent card sales or a strong personal credit profile.
Do business loans hurt your credit?
Business loans can impact your credit if you miss payments or apply for too many. Secured loans might have less of an impact, while personal guarantees can affect personal credit scores.
Can a self-employed person get a business loan?
Yes, self-employed individuals can qualify for business loans. Lenders typically assess income, business performance, and personal credit. Secured loans may be easier to obtain if business assets are available.
Which bank is best for a business loan?
The best bank depends on your needs. High-street banks often offer lower rates for established businesses, while challenger banks or specialist lenders may provide more flexible terms for smaller companies.
What is the maximum business loan you can get?
Business loan amounts can range from a few thousand to £25 million, depending on the business's size, turnover, and collateral offered. Larger loans typically require assets or strong financial history.
What is the interest rate for a business loan?
Interest rates for business loans vary, typically ranging from 4% to 15% or higher. The rate depends on the loan type, repayment term, and the business's creditworthiness.
Will a business loan show on my personal credit?
Business loans may show on your personal credit if you're personally guaranteeing the loan. Unsecured loans or loans from small lenders can also impact your personal credit, especially if payments are missed.
Let us do all the hard work of finding the right product and lender for your circumstances. We secure business finance for applications of all types, and we negotiate competitive lending to meet your needs and timescales.
Jonathan Moffatt Head of Business Finance
Book a consultation and speak to one of our experts today
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