Block discounting finance

Businesses that rent out equipment and provide corporate and consumer loan facilities often need additional capital in order to grow and develop. However, they do not want to sacrifice their working capital or credit lines.
If you find your business in this position, then we can help. In conjunction with our finance partners, we are able to lend you finance based on the rental or loan agreements you have with your customers. We can arrange for you to have a new credit line from which you can draw money down as you need it. You gain access to funds now, enabling you to budget with confidence and project your cash flow more accurately

What is Block Discounting?

Talk to us today about block discount finance for your business

Block discounting facilities are a convenient method of financing a traders hire purchase, credit sale or rental agreements. The finance company will acquire the traders rights under the agreements at a discounted valuation and the gross value will be repayable by equal monthly installments. The valuation of discounted agreements will be subject to negotiation.

The main benefits of block discounting are:

Ownership of the goods is retained.

The end-user of the goods remains unaware of the transaction.

Finance is secured on the value of the rental agreements.

Cash flow is improved, as fixed repayments are matched to the rental income stream.

Hedging of the finance company's interest rate exposure.

Great British Finance Limited are authorised and regulated by the Financial Services Authority (FSA). The FSA does not regulate some forms of Mortgage, Inheritance Tax Planning, Credit Cards, Personal Loans, Deposit Accounts & Insurance. If you are submitting an online request, we would advise to read our KeyFacts statement, links are at the top and bottom of this page.