Our partnership with with Business Finance Trust (BFT) ensures we can cover all angles when it comes to business or personal finance. I have known the Owners (John and Gareth Davies) of BFT for over twenty years and know I can trust them to deliver the level of service I aspire to offer PrestonSkirrow customers. Our aim together is not only supply your vehicle needs but to arrange all the funding your business requires. I have asked John and Gareth to explain bit about themselves and how they can help reduce the costs and headaches of funding your business.

So Who are BFT?

We are a specialist team with over 75 years of experience in funding business. We have a large register of the UK's leading financial institutions, and the knowledge to match each transaction with most suitable competitive funder for your company's requirements, without the requirement for expensive offices and high overheads.

Every year we arrange many millions of pounds of transactions, with a great many Banks and Finance institutions, allowing us to negotiate substantial buying power for you.

Our business is your business, and we pride ourselves on providing the highest quality of service, and producing the creative funding solutions we provide to our customers.

What Do We Do?

Business Finance Trust provides personal and bespoke funding options for businesses and senior business personnel.
These include -
• Funding of Capital expenditure on a wide range of Assets.
• Cash flow management (including invoice discounting, and Factoring)
• All types of Commercial property funding.
In short whatever stages of development your business is at, however big, or small, expanding, or contracting, we can provide positive and beneficial options of Business Finance for you to grow your business.


Asset Finance

Asset Finance is for the purchase of vehicles, plant and machinery. The security is based on the asset concerned and is repayable within the useful life of the asset. Asset Finance covers many facilities, and each facilty has many variations.
The customer selects the supplier of the asset and negoitiates directly the specification and price. An initial deposit is paid (or rentals in advance) plus the VAT. Leaving the balance to be funded over an agreed term, typically 1-7 years. Balloon payments and VAT deferalls are an option. The main facilities include:-

Hire Purchase & Lease Purchase

Benefits of Hire Purchase & Lease Purchase-
• Protects Cash flow for immediate requirement.
• Existing Bank credit lines are uneffected.
• Asset is self funding.
• Rentals can be monthly, quarterly, seasonal, fixed or variable interest rates.
• European Bank funding available.
• Asset financed is included on Balance sheet.
• Interest can be Offset.
• Capitol Allowances are collected.

Finance Leasing

Benfits of finance Leasing-
• Protects Cash flow for immediate requirement.
• Existing Bank credit lines are uneffected.
• Asset is self funding.
• Rentals can be monthly, quarterly, seasonal, fixed or variable interest rates.
• Rental Tax Allowance off set 100% (up to £3,000 P.A. for Cars)
• Asset financed is now included on Balance Sheet (SSAP21)

We pride ourselves on service, and look forward hearing to from you. To get a quote or arrange a meeting with John or Gareth;

Call; 02920 657530

or email; solutions@prestonskirrow.co.uk