Briggs Finance
A unique finance solution for your business
Most banks and finance houses evaluate each lending proposition on its own merits. Briggs 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
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. That includes total asset management from procurement through to disposal for Hyster, Yale and other specialist brands.
We simplify the process, and by working directly with you, we can make decisions more quickly. Say goodbye to delays caused by waiting for 3rd parties to respond.
Briggs Equipment finance packages are flexible and we can tailor them to suit your individual requirements.
Briggs Finance plans aren’t weighed down with the red tape you would experience with a bank. Instead, our emphasis is on keeping your business moving forward. You also pay no arrangement fees when you set up your agreement with us.
Briggs Finance Options
Briggs 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 accessing the equipment you need to keep your business moving. Minimal cash outlay over a leasing period tailored 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
*Subject to applicable accounting standards
BE Deferred
BE Deferred offers all the benefits of Contract Hire but with no payments for the first 3 months of the contract. This is ideal for companies where investment in new equipment will not generate immediate income, or those going through a transition. Whether you are setting up a new distribution hub or just replacing existing assets, Briggs 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
In addition to the benefits of Contract Hire, BE Advanced can allow businesses to access additional funding to offset installation costs or the termination costs of your existing equipment supplier. This eases cash flow challenges when deploying new equipment. 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.
Contact us to discuss your options.
We don't just finance forklifts
We’re always willing to discuss any ideas you’re considering for your business.
Whether you need to lease additional assets such as powered access, industrial cleaning or specialist warehousing equipment, Briggs Finance has the strength and flexibility to support your business objectives.
- 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?
Case Studies
Briggs Equipment Partners with Carlsberg Britvic to Strengthen Warehouse Performance and Operational Efficiency
Briggs Equipment partnered with Carlsberg Britvic to support warehouse operations through the delivery of a modern materials handling fleet and responsive on-site engineering support. Operating within a high-volume distribution environment, the partnership focused on improving fleet reliability,
A 15-Year Partnership With Speedy Hire Built On Trust And Safety
For more than 15-years, Briggs Equipment has been in successful partnership with Speedy Hire, a leading provider of tools, equipment, and plant hire services. The relationship has grown into a strong, strategic collaboration built on reliability, safety,
Compliance And Safety At The Heart Of A 25-Year Partnership With Peel Ports Group
Briggs Equipment is proud to celebrate a long-standing and evolving partnership with Peel Ports Group, one of the UK’s largest port operators.
We plant a tree for every truck we sell
trees planted so far