MacManus Asset Finance Blog

Assisting businesses of all shapes and sizes with their finance requirements means we are often in situations where the funders we work with will ask for Directors Guarantees as a condition of any finance acceptance. This can be an emotive subject so we thought it would be helpful to explain why funders ask for it, when they are likely to ask for it and what exactly are the responsibilities if you agree to one.

At MacManus Asset Finance we are approached to assist with securing finance from all manner of businesses. From sole traders and partnership through to limited companies and PLCs.
 
One of our constant challenges, however, is securing finance for new start businesses.
 
I would love to tell you that new start finance is a simple process and we have a 100% success rate, however that would be a lie.
 
Securing finance for new start business is difficult, but not impossible.
 

MacManus Asset Finance are dedicated to assisting businesses secure finance for their vehicles and machinery, and we are constantly looking at ways to help and add value.

This week we wanted to draw your attention to a situation that has surprised us, and it is with regards to Flat Rate finance quotations and how they are calculated.

We have recently secured finance for a haulage firm who was surprised that the flat rate we had quoted was higher than that quoted by the dealer, however our monthly payment was lower!