Nationwide Asset Finance
Trade finance, asset finance, corporate finance, lease breaks UK
Factoring and Invoice Discounting

- £5m Invoice Discounting facility plus credit insurance for £25m turnover engineering business. Fixed service charge of only £20,000 per annum - Yorkshire
- £750,000 Invoice Discounting facility for Marketing business to provide working capital to fund significant growth in new business - Yorkshire
- £600,000 Invoice Discounting facility for Recruitment business to raise funds to acquire a £4m turnover business - London
- £300,000 Replacement Invoice Discounting facility for recruitment business. Advance level 90% compared with existing funder - Staffordshire
- £200,000 Invoice Discounting facility for Plant Wholesaler supplying Garden Centres. Extended credit facility provided - Lancashire
- £180,000 Invoice Discounting facility for Food Manufacturer to fund new contracts with Major supermarket groups - Cheshire
- £60,000 Factoring facility for new start-up Transport business. Service charge only £150 per month - Bedfordshire
- £50,000 Factoring facility for Electrical engineers. Service charge only £200 per month - Lancashire
Asset Finance

- £3m To finance 200 plus care for hire company in London
- £2.2m Sale & Leaseback secured on printing equipment to help fund management buy out - Yorkshire
- £500,000 Sales & Leaseback secured on engineering machinery to provide funds for investment in Europe - Midlands
- £450,000 To finance purchase of new spinning machinery for Textile manufacturer - Lancashire
Corporate Finance / Corporate Recovery

- £4.5m Package of finance for MBI team incorporating £1.5m Invoice Discounting facility, £2m Sale & Leaseback plus £1m commercial mortgage - North East
- £495,000 Chattel Mortgage secured on textile machinery to provide additional working capital following sudden increase in new business - Yorkshire
- £250,000 Small Firms Guaranteed Loan to raise finds for property acquisition plus new plant and machinery. Plastic Extruders - Cheshire
- £230,000 Sale and Hire Purchase back secured on engineering plant to finance management buy out of business from liquidator. Also £200k Invoice Discounting line to provide working capital
Lease Breaks

- £15,000 House Builder - Midlands
- £8,500 Engineering Company - Yorkshire
- £3,600 Plastic Extruder - Lancashire
- £1,165 Printing business - Cheshire
Property Finance - Commercial

- £3.5m Re-mortgage of Commercial Investment property to release funds for future investment. Interest only facility over 5 years. Interest rate 1% over bank base - Yorkshire
- £3.2m Commercial Mortgage, Mortgage to acquire new warehouse and distribution unit for telecoms business. 80% advance over 25 years - Cheshire
- £2.7m Re-finance of mixed commercial and residential portfolio to release funds for investment in new house building
- £2.25m Re-finance of Buy to Let portfolio to release funds for further investment. Funding provided at 1% over bank base
- £480k Commercial Mortgage to acquire new factory for Laundry business. LTV 95% over 15 years. First two years interest only - Midlands.
- £410k Bridging Loan to acquire another business. Funding provided in 7 days - Lancashire.
- £350k To acquire Commercial Investment property producing rental income of £50k per annum. Advance Level 90% - North East.
- £300k Commercial Re-mortgage of Dairy to release funds for extra working capital - South Wales
Property Development Finance - Residential

- £1.4m Re-finance of residential development, 90% complete to raise funds for acquisition of another site. Advance level 70% of Gross Sales Value - Kent
- £1.3m To finance site acquisition and build 4 large detached houses. 100% of land and build costs provided - Cumbria
- £1.1m To acquire farm and cottages. Minimal spend to re-furbish then sell in 6 months for £2m 100% of purchase price provided at 1.5% over bank base - Cornwall
- £1m To build 18 appartments. Advance level 85% of land and build costs - Lancashire
- £1m Buy to Let facility for Limited company client. Advance level 85% at 1% over Libor x 20 years - Yorkshire
- £1mRe-finance of existing development to cover cost overruns of £400k. Interest rate only 2% over bank base - Cheshire
- £430k Land and build costs of 2 x town houses to be retained as an investment. Advance level 8% - Yorkshire
Fixed Interest Rates
Our lenders can also provide fixed rates, typically for 2-5 years but also up to 25 years with interest rates from 1% over Bank of England base rate