Moorgate provides Hire Purchase (HP) and Leasing for engineering companies. Whether you’re expanding your business with new equipment, or the software that you need to run it, Moorgate can finance 100% of the investment.
You will have a single point of contact at Moorgate who will work with you to get the best finance product for your business; we can tailor the term, deposit & type of agreement to suit your specific needs. Having a single contact ensures all information comes through one expert, enabling clarity of communication and quick processing.
More so than in most industries finance is key in precision engineering due to the pressure that long payment terms can put on your finances. Equipment finance helps with this but you might also want to speak to your account manager about Invoice Finance.
Moorgate are able to get a decision on your application within 24 hours so you can get on with running your business while we work to get you your finance.
In addition to equipment purchases Moorgate is able to offer working capital loans for all kinds of purposes, whether you need stock for a new project, need capital to employ more staff or just cash to make a bulk purchase, give us a call to discuss your requirements.