Financing your shredder during COVID-19

With business interruption loans already proving difficult to get hold of for many UK organisations, the UNTHA UK team has quickly collaborated with our suite of lenders to facilitate a range of shredder procurement options. This means money IS available.

Why is this important?

While the headlines suggest some firms are delaying their investments in capital equipment, others are pushing ahead with new and/or enhanced waste processing/recycling lines – not least due to the volume of materials that the country is now faced with.

In short, we can help you finance the purchase of a new machine or a shredder rebuild.

So, why not talk to us about what’s possible?

What finance options are available?

Refinancing (also known as capital release) is one of the quickest ways to access the value of assets on your existing balance sheet and use that value elsewhere, e.g. to fund the deposit/purchase of a new machine, the rebuild of an existing UNTHA shredder, and/or other spares or service work that will also bolster your operation.

A sale and hire purchase back agreement can be used against a shredder, making it suitable for companies of all shapes and sizes. In short, one of our lenders purchases the asset and finances it back to you. Repayments are calculated in line with the income stream that will be generated by the asset and at the end of the term, the machine is owned by you!

This option can also be used to ease cash flow if you already own the asset or are using it under a finance deal with another provider.

All of this is designed to spread costs, provide cash injections or free up cash for other purchases, and facilitate fast decision-making that will prove key to navigating the challenges and opportunities currently being faced in the market.

PLUS, we have a range of additional measures in place to help make your investment as affordable as possible, including:

  • Zero deposits
  • Payment holidays, e.g. 8 weeks
  • A 12 month VAT deferment
  • Payment plans split over defined periods, e.g. 12 months

If you’d like to speak to us about our finance packages, please call 0845 450 5388 or email sales@untha.co.uk.

UNTHA UK Limited is not a credit broker. Any figures quoted are for illustration purposes only, do not constitute an offer and any offer will only be valid when signed and agreed by our finance provider. We do not hold or require any financial information in relation to offers and any offer may be subject to underwriting and credit checks by the finance provider and may vary based on a company’s credit worthiness. All figures are plus VAT at standard rate. E&OE.

 

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