At Fit Out Finance, we offer funding solutions for a wide range of hire equipment. From bicycles to marquees, slush machines to hygiene equipment, we’ve got you covered. Our focus is on equipment that is mission-critical to our clients and hirers, and is typically in and around their premises. Let us help you finance the equipment you need to succeed.

In addition to a variety of equipment, there exist diverse hire models that cater to the needs of different customers. For instance, marquees and temporary structures are rented out for several purposes, ranging from events and weddings lasting a few days or weeks to long-term semi-permanent installations, such as serving as film studios or providing additional storage space to warehouses. This variability in hire models enables customers to tailor their rentals according to their specific requirements and durations. Additionally, understanding these distinct rental options enriches our comprehension of diverse equipment rental needs and tendencies.

Bicycle rental services are commonly offered within the hospitality industry, particularly by hotels, leisure resorts, and caravan sites. Clients of such establishments can easily rent bicycles on an hourly or daily basis. Additionally, venues may decide to equip themselves with bicycles for the convenience and enjoyment of their guests.

Another commonly seen feature in many food kiosks or newsagent stores is the slush machine. Our client, in this case, provides the machine to their end clients at no cost, earning their profit from the sale and refill of branded consumables. These machines serve as an excellent addition to any establishment, providing refreshing iced drinks to customers during the warmer months. With this service, the end-clients can generate additional revenue while offering their customers a unique and enjoyable experience.

In any business that involves hiring out equipment, maintaining a current and reliable inventory of well-presented gear is of utmost importance. This not only helps in staying ahead of competitors but also plays a crucial role in maintaining a positive market image.

To this end, it is imperative to have access to hire purchase or lease facilities that enable you to consistently update and upgrade your inventory. Fit Out Finance, a leading financial services provider, extends its funding assistance to hire companies looking to invest in state-of-the-art storage facilities.

With Fit Out Finance, you can avail lease options or hire purchase agreements on a range of equipment, including but not limited to racking and shelving, high-quality security solutions, roller doors and shutters, temperature and humidity control systems, and maintenance equipment. Our funding options aid in securing reliable and secure storage facilities for your hire equipment, allowing you to maintain an up-to-date and well-organized inventory.

If you are in the hire business and looking to fund hire stock, or anything ‘in or around’ your business premises, Fit Out Finance would like to hear from you.

In line with our focus on outdoor leisure, we are excited to announce that we have become proud members of the Farm Retail Association as a Supplier Member.

The Farm Retail Association are centred around supporting and celebrating those working within the UK farming industry. They came to life in 1979. This was after a group of collaborative farmers realised that the UK farm retail industry had no supporting body. So, they decided to create a farming community of their own, and from this, the Farm Retail Association was born!

We are delighted to join the community of their other supplier members, as well as their farm retail members.

Why Farm Retail Association?

With so many associations and organisations supporting our industries, picking specific ones to support will always be a challenge.

But it was quite clear once considering the Farm Retail Association. Firstly, farm retail, and closely associated garden centres walk a line which neatly combine our specialisms in both retail and leisure/hospitality. Thus, creating the perfect recipe for collaboration!

The Farm Retail Association also support a large portion of our customer base across the country. Therefore, we hope that this will bring us closer to those that we work closely with in the industry.

A great way that the association brings those in the industry closer together is through their networking events. Farm Retail holds a large annual event intended to recognise the excellence of those who grow and sell Great British food. We look forward to attending the event. We believe this will provide us with great opportunities to meet with both new and familiar faces in the agricultural industry.

Being an industry centred around cultivation, we can only hope that their business is growing as abundantly as their produce does. However, should their business need a boost, we are always here to offer a helping hand.

In addition to offering funding to their members and supporting vendors, we also hope to share our expertise, experience, and ideas. We are always willing to provide free, expert, and impartial advice on a range of funding matters. Although not only do we wish to share our knowledge, but we also hope to learn from this time-honoured community.

What can be financed for farm shops & garden centres?

Our core principle is that we will lend against equipment that is critical to the business, irrespective of whether it has an actual value on the open market. This applies to all our Fit Out Finance facilities!

For retail environments that might include funding for shop fittings, EPOS, lighting, trolleys, and many other elements of internal fit out.

For outdoor equipment we are happy to arrange lease or HP finance for lighting, security, shutters, signage, outdoor furniture- the list goes on!

We can also arrange funding for a whole range of temporary structures, from marquees to concession retail units. We’ve got you covered.

Our aim is to a be a catalyst to the growth of fellow businesses within the association. We look forward to a long and mutual association with the Farm Retail Association and their members.

Contact Us

If you have any questions on how Fit Out Finance can support the growth of your business, please don’t hesitate to get in touch. Call us on 01494 422 614, alternatively send an email to [email protected].

 

Our world is advancing for the sake of our planet; 2030 and the ban on sale of fossil-fuelled vehicles is on the horizon. Therefore it is becoming increasingly important for businesses to cater for EV users, whether those users be staff or customers.

But we are mindful that charging points can be pricey, especially once considering the installation and infrastructure costs. But that is where we are here to help. Fit Out Finance can happily provide funding for EV Charge Stations. Nevertheless, our funding is not just limited to the unit cost. We can also finance the installation and infrastructure costs!

 

Why does a business want to provide EV chargers?

As you are probably aware, with the ever-rising prices of fuel along with environmental concerns, many are making the shift from fuel-guzzling vehicles to EVs.

To look at this from an employer’s perspective. If you provide staff parking, then it’s likely that staff will also want charging facilities as they upgrade to EVs.

If you are a leisure or hospitality business, then it is imperative that you pre-empt your customer requirements for charging facilities. This will allow you to remain competitive – if you don’t somebody else will!

Not only will your EV-driving customers expect you to provide facilities, but the likelihood is that they will stay longer when facilitated with charge for their car.

In addition to providing a valuable service to your existing clients, you will also attract new customers through word of mouth. Not to mention, with installed charging points, you will get invaluable free promotion on numerous apps, such as Waze, guiding people to your facilities.

 

How do you finance EV Charge Stations?

In line with our ethos, we provide funding for “business-critical assets, in and around the building”. It is safe to say that EV Charge Stations meet these criteria . This is because they are potentially income-creating, and undoubtedly a big asset to attracting new and existing customers.

Many finance companies will restrict themselves to funding above-ground hardware. However, Fit Out Finance are happy to look at the whole cost of set up, including installation and infrastructure costs.

Contact Us

If you are interested in financing EV charging stations for your business, please don’t hesitate to get in touch. Either call 01494 422 614, or, drop an email to [email protected].

Sale and leaseback is a great way for businesses to restore liquidity to their cash flow up to 6-months after the fit out has been completed.

 

We are often approached by businesses seeking to finance fit out projects which they have partially or fully paid for. Fortunately, our sale and lease back facility is well suited to help those in these situations.

 

Why do people use sale and leaseback?

 

There are multiple reasons as to why a sale and leaseback might suit a customer better than conventional financing.

 

Easing cash flow pressures

The most prevalent reason being that it isn’t uncommon for businesses to simply change their mind after paying outright for a fit out project in order to improve their cash flow. It is a great way to get an instant cash injection into your business!

 

Proceed with planned projects

No need to put plans on hold due to cash flow problems. Your reimbursed cash can go towards other areas of the business that might require immediate attention.

 

Multiple suppliers

Often when businesses has bought items from several suppliers it is deemed too tricky to arrange invoices to a finance company. Often each item is lower value, but each purchase accumulates into a hefty total sum.

 

Goods coming from abroad

Whilst it is possible to arrange conventional finance on imported goods, it can be more straight-forward to pay the supplier directly and recover the money through sale and leaseback.

 

Pre-payments and deposits

Although our standard finance options can cover pre-payments and stage payments, it is often easier to simply pay these in advance and finance the package by sale and leaseback.

 

 

 

What equipment can a sale and lease back cover?

 

We can cover most aspects of a fit out through sale and lease back. However, invoices for services are an exception to this. So, for example, painting and plumbing invoices can’t be reimbursed via sale and leaseback. But these can potentially be financed through an unsecured loan.

 

What is the criteria for arranging a sale and lease back?

 

The credit criteria is similar to those we go by for conventional asset finance. The key difference being that you will need to provide a clear paper trail and evidence of payment. But other than that, it is our usual straight forward process!

 

As ever, we are here to guide you through it! So, if you consider sale and leaseback to be a fitting form of finance for your business, please don’t hesitate to get in touch. Call us on 01494 422 614, alternatively, you can send an email to [email protected] outlining your needs and we would be happy to assist!

Energy prices within the care and hospitality sector

It won’t have escaped anyone’s attention that energy prices are soaring at an alarming rate.  For many businesses this is a minor inconvenience. However, for others, including care homes and hotels it is yet another substantial hit to the bottom line.

Any operator who hasn’t already made moves to invest in systems designed to save power and therefore costs, should really be prioritising this.

How Fit Out Finance can help

Fit Out Finance has substantial experience in funding many types of equipment designed to minimise utilisation and carbon footprint. We have provided lease finance for LED lighting, biomass, voltage optimisers, solar and other technologies.

Funding your energy-saving installations carries the additional benefit that you can directly compare your monthly savings against costs.

As with most equipment, we are happy to consider either hire purchase or lease funding for this equipment.

We work directly with end customers, as well as suppliers and advisors to the hospitality & care sectors. However, if there are any other finance needs you may have in regard to either of these sectors, please don’t hesitate to reach out and contact us.

Benefits of leasing your energy-saving installations

Below are just a few benefits of why you should therefore use Fit Out Finance as your preferred finance provider:

Increased order values – presenting a customer with a low cost monthly rental increases the scale of a customer’s order, . This leads to an increase in the customer’s gross profit of the company

Quick invoice payment – your invoice will now be paid in full within 72 hours of delivery and install completion

Eliminate bad debt – the finance company takes all risk on payments

Contact Us

Leasing, asset finance and business loans are a key source of funding. This is to both the UK hospitality fit out sector, as well as the care home sector. Therefore, if you would like more information on funding for energy saving installations, look no further! Please don’t hesitate to give us a call on 01494 422 614 if we can help with your fit out finance needs in regards to the care or hospitality sector. Alternatively, email us on [email protected].

Fit out finance for the care sector

Much like hospitality, the care sector relies strongly on the quality of facilities available. This in turn means that constant investment in refurbs, equipment and accessibility is essential; all of which can be funded by Fit Out Finance.

More about the care sector

Whilst care homes may differ operationally from our core hospitality market; from a funding perspective they are similar in that their success and revenues are reliant on clean, up to date compliant premises.  This means that operators will benefit from our expertise and knowledge in funding all aspects of a fit out. Whether it’s a single-room turnaround, a new biomass boiler or an outdoor facility.

Challenges the care sector has been facing

Whilst the care sector has faced its own set of challenges as a result of the Covid pandemic & Brexit, the reality is that it remains critical to the population, and is set to grow at an ever increasing rate. The provision of compliant and quality facilities will become ever-more important.

So, who are our clients?

Like the hospitality sector, the core of our client base is owner operators, often running two or more homes. Our clients will typically have specialist mortgages on their premises but will come to us for leasing of specialist equipment such as lifts, hoists, therapy rooms, or for general refurbishment or fit out of extensions. However, if there are any other finance needs you may have in regards to this sector, don’t hesitate to reach out and contact us.

Contact Us

The care sector will start to pick up, especially since the recent knock-on effects of Covid. Our hospitality customers are both large and small companies leasing for a whole range of reasons. Please don’t hesitate to give us a call on 01494 422 614 if we can help with your fit out finance needs in regards to the care sector. Alternatively, email us on [email protected].

Welcome to 2022 to all our Fit Out Finance clients and connections. We wish you a happy, healthy, and prosperous year ahead. Let’s hope 2022 is a kinder year to all of us as opposed to the former two.

It will come as no surprise to know that both 2020 and 2021 were slightly challenging years for our business –and more importantly for many of our clients; particularly those in or serving the hospitality & leisure sector.

However, it wasn’t all doom and gloom. Despite the obstacles that came with those years, opportunities came of them too.

In particular, our sub-brand, Fit Outdoor Finance, proved to be popular among start-ups seeking to overcome the government restrictions on indoor events. And they innovatively did so by looking to enter the glamping industry and financing their pods and infrastructure through us. As you are most likely aware, the staycation market boomed throughout the pandemic as travel restrictions were imposed by the government. Therefore, this was prime time for the glamping market to shine. And as a result, glamping businesses inevitably thrived at this time. Furthermore, existing hotel and restaurant businesses looked to overcome restrictions by optimising their outdoor spaces with canopies, heating, outdoor furniture, stages etc. We were delighted to be able to support such businesses in a time that was challenging for most businesses.

Additionally, we were pleased to arrange lease finance for several temporary and semi-permanent structures both for hire stock and for end users. Such structures are particularly in demand in the film industry at the moment.

Very early in the pandemic, Fit Out Finance made a commitment to stand by the hospitality and leisure sector. And it is our absolute intention to stand by that and to help fund hotels, restaurants, bars, and other hospitality businesses as they emerge and grow from the horrors of the last 2 years.

As MD, I will personally remain responsible for delivering the high-quality level of service that they deserve.

Our plans for 2022

However, the Fit Out Finance brand is a strong one, and we have the benefit of a partnership with a larger broker. By combining our resources with those of our colleagues at WestWon, the plan in 2022 is to take the Fit Out Finance brand into other targeted areas, such as:

  • Offices.
  • Scientific / research laboratories.
  • Warehouses.
  • Care homes.
  • Day nurseries.

We predict that others may follow as the plan evolves.

For more information on our services and what we might be able to offer your business, please see our website. Alternatively, give us a call on: 01494 422 614.

 

Under our hospitality and leisure specialism, we were recently pleased to provide a leasing fitout and finance for equipment for a new upscale health spa in the East Midlands.

The client was initially referred to us by a long-standing supplier connection, who in return was recommended for their attention to detail, quality products (many of which are manufactured in their own UK facility) and their long-standing commitment to the hospitality sector. Whilst they had significant cash to commit to the project, the customer was attracted by the tax and cashflow benefits of leasing equipment and aspects of the fitout.

Why leasing?

Leasing holds benefits which many are unaware of. Furthermore, many companies are wary of leasing due to the enigma that surrounds it. Little do they realise how much leasing can benefit the biggest of companies; regardless of how much capital they may have in the bank. Leasing allows these companies to conserve their existing cash and put it to use elsewhere in the business. Whilst easing cash flow pressures and leaving core funding lines intact.

Our dedication to leasing fitouts

In common with many fit out projects, this one involved stage payments, which are a barrier to many leasing companies. Fortunately, we have many years of experience in leasing fitouts. Our work with dedicated lenders allows us to offer several alternatives to accommodate deposits and stage payments. This makes the entire transaction more straight forward for both the supplier and customer. This is one of many ways in which our dedication to leasing fit outs works to help our clients.

In this case we provided leasing facilities for furniture and aspects of the fit out, however, we are equally comfortable leasing all forms of equipment in and around the premises which are critical to a hospitality and leisure business.

Our fitout leasing service has become increasingly popular post-lockdown. This is due to many companies taking the opportunity to improve and refresh facilities for their customers’ enjoyment. So, whether you are looking to start afresh or just giving your facilities a revamp; we can help fund your vision.

Our hospitality and leisure customers are both large and small companies leasing for a whole range of reasons. Please don’t hesitate to give us a call on 01494 422 614 if we can help with your office move or start up. Alternatively, email us on [email protected].

 

 

 

Fit Outdoor Finance are proud to be exhibiting at the Farm Innovations Business Show!

Fit Outdoor Finance are looking forward to exhibiting at the Farm Innovations Business Show! The show will be at the NEC Birmingham on the 10th-11th of November. It is the largest exhibition of its kind in Europe. The show brings together members of the agricultural industry and top suppliers, along with interactive seminars and workshops. We’ve never attended the show, so are excited to talk to a new clientele than we’re used to working with in our sister company Fit Out Finance.  As a result, we’re hoping to make new connections and expand on knowledge that will benefit and develop our business.

About Fit Outdoor Finance

We look forward to discussing attendees’ business proposals and being able to help support their upcoming plans. We also provide financing for the growing industry of glamping. This gives people the comfort of being indoors whilst also being able to experience the beauty of nature outdoors. This is an ideal business venture for farmers with surplus land. This offers an easy way to make money in your sleep. Our sister company, WestWon, provides financing for agricultural equipment so all enquiries are welcome.

Hear from the Director

The Director of Fit Outdoor Finance, Mark Jones, says: “This is our first exhibition at the Farm Innovations show and so we are pleased to have the opportunity to meet fellow exhibitors and potential clients! Fit Outdoor finance was a concept created during the Coronavirus lockdowns after seeing the popularity of ‘staycations’ and the growing glamping opportunities around the UK. All are welcome on the stand, exhibitors and customers, please come for a coffee and say hello.”

Visit or contact us

If you are attending the show, please visit us on the stand number: 3018. Alternatively, for more information on us and how we can help your business, please give a member of our team a call on: 01494 422 614 or email us on [email protected]

As the UK Staycation season starts to wind down, Fit Outdoor Finance is looking forward to supporting the hospitality and events sector into 2022 and beyond. To demonstrate our commitment to hospitality, leisure, and events we will be attending several shows and exhibitions. Some of these will be to exhibit at shows, others simply as visitors.

The Glamping Show

As its name suggests, The Glamping Show highlights the latest innovations and quality manufacture and design in the booming glamping industry.

We look forward to a one-day guest attendance where we can familiarise ourselves with the huge range of equipment. This will be eligible for funding by lease or hire purchase. Moreover, we will be catching up with connections old and new in the glamping sector.

The Glamping Show is held at Stoneleigh, near Warwick from 16th – 18th September. If you plan to be there on the 16th, come and say hello as it would be good to meet you!

The Commercial Kitchen Show

Whilst not exclusively outdoors, The Commercial Kitchen Show straddles our enthusiasm for financing equipment for all facets of hospitality, both outdoor and indoor.

We have already arranged casual meet-ups with existing supplier contacts. However, we would gladly welcome the opportunity to meet suppliers and consultants to the hospitality sector to explore areas of potential mutual interest.

The Commercial Kitchen Show is held at London’s ExCel on 23rd & 24th September.

Independent Hotel Show

As exhibitors at previous shows, we will be attending this year’s Independent Hotel Show as visitors, rather than to exhibit.

We are particularly interested in innovations within the hotel sector to optimise their outdoor spaces. This is something we are already discussing with several of our existing hotel clients; many of whom are surprised about the range of outdoor equipment we are able to finance.

The Independent Hotel Show takes place at London Olympia on 4th & 5th October.

The Showman’s Show

We are particularly excited to be exhibiting at The Showman’s Show, and to welcoming new and existing contacts to our stand where we will be placed at stand 5, in the exhibition hall.  It’s under cover, so you can shelter from the rain!

The events industry has had a tough time. Therefore we look forward to helping them with a range of funding options. This is to help them as they recover and prepare for the seasons ahead.

The Showman’s Show is to be held at Newbury Showground on 20th – 21st October. I will be on the stand on both days.

Farm Business Innovation Show

The Farm Business Innovation and partner shows are well established as the show for outdoor hospitality & leisure.

Whilst our stand (number 3018) is in the farm section, we look forward to mingling and explaining the breadth of funding available to the partner shows. These include Holiday Park & Resort, Family Attractions, Country House & Leisure F & B.

We look forward to learning about the plans and innovations they have for the coming season. In addition, we will be there to explain the funding options we can offer to these outdoor hospitality sectors.

Farm Business Innovation will be held at the NEC in Birmingham on 10th & 11th November, and I will be around our stand on both days.

Contact Us

It will be great to see you if you are attending any shows or exhibit. Alternatively, please feel free to get in touch by calling 01494 611 456 and we can meet another time. Additionally, there is information on all the exhibitions mentioned above on our website.