Latest Finance News

These days finance is a very integral part of any machine tool sale. Statistics show that over 90% of machine tools are bought using some form of finance, whether it is Hire Purchase, Lease or Overdraft. Working Together It is therefore vital as a supplier that you form a working partnership with a funder who can provide a fast and reliable service whilst remaining highly competitive. At Machine Bank Finance we are not looking for short-term gains but to build a long-term working partnership. We therefore continue to refine our key relationships to meet the needs of suppliers and customers alike. Guaranteed Service We pride ourselves on our service. From the moment the enquiry is received until the deal is paid out we can guarantee a service that is second to none. We understand the need to be competitive but we also know that speed of decision can help to close the deal quickly and prevent the customer from shopping around. Machine Bank Finance has over 40 years industry experience and has developed an understanding of the manufacturing sector which means we can empathise with your customers and understand their needs. Access To Over 20 Funders We are able to offer preferential terms that are free from the restrictions of a single source funder which means we can give your customer more choice. With one point of contact you have immediate access to over 20 funders and an increased chance of a positive outcome.

A Problem solved A lot of customers are finding that their bank are reluctant to increase their overdraft and they are finding it more difficult to manage their day to day cash flow. Pressures are often caused by one off items such as a tax bill or late payment and this puts an increased pressure on the day to day running of the business. Asset Finance Is The Answer Machine Bank Finance has a solution which can unlock the equity which is tied up in your machinery whether it is on finance or fully paid for. Guaranteed Cash Injection Capital Release Schemes can provide a cash injection for your business and alleviate the hassle of cash flow management. Solve your financial pressures by finding by finding out how to release cash from your assets and possibly reduce your monthly outgoings at the same time. Continue To Invest Investing in new technology will keep you ahead of your competition but it is often cash flow restrictions that hamper this investment. With the aid of capital release you can often reduce your outgoings and use the equity for deposit payments Don't put off investment, call us now to arrange your free consultation. It might be the best call you have ever made! A Key Factor Solutions such as factoring can provide businesses with a flexible and ongoing supply of funds by releasing money tied up in unpaid invoices. More than 39,000 SME's now use this form of finance and it is regarded as a mainstream form of finance. The benefits to a business are that it not only receives an immediate cash injection but also gains access to an on-going source of funds that is linked directly to current sales.

.......the tough get going. It is difficult to escape the doom and gloom portrayed by the media,whether it is through television, radio or newspaper. We cannot deny that we are in for a tough time but we are also capable of talking ourselves into a recession.
Funders Open For Business At Machine Bank Finance we are finding that although many UK financial institutions have been adversely affected by the recent credit crunch, it does not seem to have dampened their appetite for financing machine tools and the Manufacturing Sector in general. We have a wide range of funders who are actively open for business and are looking to invest in machine tool business. Remain Positive And Upbeat It is important to remain positive and upbeat. Your confidence can be infectious and it is important that you are not put off by the negative attitude of your bank. There are great opportunities in these times if you act proactively rather than reactively. Funding options include:

• 100% funding to enable installation of a new machine with no initial outlay
• Lower (or even no) payments over an agreed period to get 'up and running'
• Consolidate existing finance even when purchasing new machinery whilst maintaining or possibly reducing monthly payments
• Machinery Damage & Breakdown Cover

These calculations are a guide to the possible monthly repayments. For a full written quotation and to find out more about our services please contact us using the details below.