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What makes BE Finance different?

Most banks and finance houses evaluate each lending proposition on its own merits. BE Finance from Briggs Equipment will consider all aspects of your capital requirements to see where we can add value to your company.

  • No fees
  • Quick decisions
  • Deal directly with us
  • No banks or 3rd parties involved

Our proposition is simple; a finance contract should be built around our customer’s specific requirements and cash flow, not the finance provider’s requirements.

Our core activity is the contract hire of materials handling equipment – total asset management from procurement through to disposal - for Hyster and other specialist brands.

By dealing directly with you we can make decisions more quickly with no delays waiting for 3rd parties to respond. The process is simplified.

Our finance packages are flexible and can be tailored to suit your individual requirements.

BE Finance isn’t weighed down with the red tape you would experience with a bank; our emphasis is on keeping your business moving forward. There are also no arrangement fees when you set up your agreement with us.

We don’t just finance forklift trucks

Whether you need to lease additional production equipment, commercial vehicles or a complete warehouse solution, BE Finance has the strength and flexibility to support your business objectives.

We’re always willing to discuss any ideas you’re considering for your business.

  • Are you looking for headline figures to build a proposal for Board approval?
  • Is your business poised for expansion and needs more competitive financing to make it happen?
  • Do you want a quick decision to keep the momentum of your business going?

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What options does BE Finance offer me?

BE Finance offers you and your business more choice and this means finding the right tailored funding solution. For simplicity, we offer a core range which can be tailored to your specific requirements:

Contract Hire

The classic choice for getting the asset you need with minimal cash outlay over a leasing period to suit your requirements. You benefit from:

  • Tax deductible rentals
  • VAT spread and reclaimable on every payment
  • Minimal cash outlay
  • Fixed costs for easy forward planning
  • Off balance sheet accounting treatment
  • Full benefit for the life of the asset
  • Repayments tailored to suit your cash flow
  • No disposal delay or cost; no residual value risk

BE Flexed

A real innovation for asset acquisition; given that you have the resources you need and all of the benefits of Contract Hire, but with the flexibility to off hire the equipment early should your business needs change. This is an ideal choice if you have a series of short contracts or just want additional flexibility in your business model. You benefit from:

  • Annual termination options
  • Low initial outlay
  • Reductions in rental cost at each anniversary
  • Off balance sheet accounting treatment
  • Tax deductible rentals

BE Deferred

Ideal for companies where investment in new equipment will not generate immediate income, or those going through a transition, BE Deferred offers all the benefits of Contract Hire but with a full quarter at the beginning of the contract that is payment free. Whether you are setting up a new distribution hub or just replacing existing assets, BE Finance allows your business the time to bring your assets up to 100% performance and earning money for you before you start paying for them.

  • 3 month payment holiday at the start of the lease period
  • Protect cash flow at start of contract
  • Fixed cost provides better cash flow planning
  • Rentals can be off set against taxable profits

BE Advanced

To ease cash flow challenges when new investment is being deployed in addition to the benefits of Contract Hire, through BE Advanced we can provide additional funding to offset installation costs or the termination costs of your existing equipment supplier. What better way is there to fund the ancillary cost?

  • Up to 10% cash injection at the start of the hire contract
  • Off balance sheet finance
  • Fixed costs allow certainty in budgeting
  • Increased funding options allow your business to grow

Other financing options are also available should these be more suitable to your business requirements.

BE Finance means:

  • No fees
  • Quick decisions
  • Deal directly with us
  • No banks or 3rd parties involved