Farm Equipment Finance

view of ATV quad bike

ATV & ATV Fleet Finance  All Terrain Vehicles (ATVs) are a mainstay for many outdoor businesses in the UK, from agriculture to outdoor facilities such as golf clubs. Businesses of all sizes are attracted to the benefits of financing their ATV’s, to easing the burden on cash flow, possible business tax relief, and the ability […]

How do commercial bridging loans work?

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Bridging is a form of temporary financing intended to cover a company’s short-term costs until long-term financing is secured. Thus – it’s named bridge financing since it is like a bridge that connects your company to debt capital through short-term borrowings.  Commercial bridging loans are most frequently used to address the shortfalls in development projects, […]

Can you buy a used van on finance? 

Van mockup isolated concept, Truck mock up

Yes, used vans are financeable, this can be a cost effective way to acquire a reliable vehicle for your business operations. Used vans are a commonly financed business asset.  At Mill Wood, we only arrange commercial finance – have a look at Lease Loco if you’re looking for personal vehicle finance.  Your eligibility for being […]

How to buy a van on finance when self-employed

Picture of a white van

There are a number of finance options available to self-employed business owners who are considering their next van purchase.  With self-employed finance applications, you apply for finance in the same way an individual would. You may however need to submit a number of additional documents when compared to a personal finance application. All lenders have […]

Can I get a van on finance through my business?

Van mockup isolated concept, Truck mock up

Yes, you can finance a van through your business. Businesses of all sizes are attracted to the benefits of financing their vans, to easing the burden on cash flow, possible business tax relief, and the ability to upgrade to more advanced vehicles regularly. Commercial vans are a staple for businesses across the UK, used for […]

Can I claim Van Finance on my tax return?

Delivery man near shipping mini van.

Commercial Vans and Tax: Commercial vans are a costly necessity for many businesses. There are however ways to reduce the financial burden, including various tax efficient routes.  There are no restrictions on claiming back the VAT on any business asset finance or lease, as long as your vehicle is considered commercial according to HMRC. If […]

What is a bridging loan in commercial real estate?

A commercial bridging loan can help your business ‘bridge the gap’ when purchasing commercial real estate, without finalising the sale of your current business facility. As a business owner, you may find yourself in need of quick access to capital for a commercial property purchase, a property renovation, or facility expansion. Commercial bridging loans for […]

What is a commercial bridging loan?

Businesswoman and team analyzing financial statement Finance task.

Bridging is a form of temporary financing intended to cover a company’s short-term costs until the moment when regular long-term financing is secured. As such, it is named bridge financing since it is like a bridge that connects a company to debt capital through short-term borrowings.  Commercial bridging loans are often used to address the […]

Business loans for startup businesses

Brainstorming startup ideas on a window

The most common obstacles we find start ups face is access to funding. Securing appropriate finance enables start ups to transform their innovations/ideas into a thriving business.  Are you a start up looking for funding? Here’s a guide to help you navigate the different finance options available:  What are start up business loans? Business loans […]

Ford Transit Finance: Asset Finance or Business Contract Hire?

It’s fair to say that the Ford Transit is amongst the most important business assets in the UK. They are a mainstay for businesses of all sizes, from the smallest of sole traders through to the largest multinational firms.  Whilst commercial vehicle prices continue to rise, using finance is an increasingly popular way for businesses […]