Finance for business

The background

The printing company orders had been increasing over the years and this required a further investment into a new printing press and guillotine which required an investment of £30,000. Whilst their bank had offered a business loan and the manufacturer of the equipment had offered a lease deal these required a large deposit and arrangement fee in the first instance and high cost with no future ownership in the second: the owners did not feel this represented good value.

The Directors had personal pensions with combined value of £165,000.

What we did

Astute recommended that a Small Self Administered Pension was established. The personal Pension benefits were transferred into this new SSAS. The new pension took a first charge on the Directors home and arranged a loan of £30,000 back to the company.

What we achieved

The company then had the money to purchase the equipment outright and managed to negotiate a discount on the cost and offer a considerable saving on the two alternative lending sources available to them. The interest paid on the loan now goes back into the pension with the remaining cash invested in a variety of collective investments.


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