Are you on a mission to grow your business? But is your return on investment out of harmony with your asset acquisition? Or do you simply want to offer your customers the opportunity to finance their purchases? Mi Finance is the answer.
We’re here to make life easier for you. We’ll act as your Financial Services Desk and take the administration out of your hands, offering quotations, managing proposal acceptances, completing documentation and arranging swift payment to help you move on to your next project.
We work with an experienced panel of funders. Once we receive your proposal, we will select the funder who is best suited to your opportunity, ensuring we meet your business goals and deliver the best terms and costs.
Finance for any product or service we sell across the UK&I Midwich Group.
Finance up to 30% of products and services not available through the Midwich Group.
Finance up to 100% of products and services not available through the Midwich Group for customers we have a long-standing relationship with.
A finance lease means you can use an asset without buying it outright. The term can be tailored to suit your working capital requirements. Once the term has been agreed upon, you will have regular fixed payments (operational expenditure).
At the end of the term, you have the option to continue to use the asset by entering a second rental agreement. Alternatively, you can refresh the equipment during or at the end of the agreement, ensuring you have access to the latest technology.
Minimum Value: £1,000
Hire purchase allows you to acquire an asset over an agreed term (typically 2 – 7 years) by paying regular instalments. At the end of the term, you have the option to purchase the asset in full for a nominal agreed fee. You can claim back the VAT and offset it against your profits, creating tax efficiency.
This type of finance is particularly useful for customers wishing to acquire large value assets like LED, broadcast equipment and professional lighting, for short term rental.
Minimum Value: £3,000
An operating lease is similar to a finance lease. The difference is the asset within the agreement contains a residual value which means you pay a discounted price to the original capital cost of the asset.
As with a finance lease, this is an operational expenditure and therefore won’t feature on your balance sheet. This is particularly useful for schools and colleges.
Minimum Value: £1,000
Experienced, dedicated team at your disposal
Competitive rates from a panel of funders
Funders specialising in small businesses and start up companies
Swift quotations and decisions
Speedy payments to you, improving your working capital
Intuitive upgrade opportunities
Fixed cost of finance from contract commencement
Flexible end of term options
Preserve your trade credit facility*
A ‘one stop shop’ for procurement, service / support, and finances
Simon has 19 years’ service within our business and has worked within Sales Management, headed up the Business Analysis team and for the last 3 years has been managing our financial services division. Simon has built an extensive knowledge of financial services over the years.
0161 925 1927 | 07889 169 516
Rebecca has been with our business for 7 years, working through a variety of roles to the position of Team Leader. Rebecca oversees the day to day running of the team and will ensure we select the most appropriate funder for your opportunity.
0161 925 1952 | 07717 666 104
Abbie has been with our business for a year and has an extensive knowledge of financial services & sales. Abbie is the point of contact for any new opportunities and will work with you to ensure you are aware of all the financial products available to you before delivering you your quotations.
0161 925 1922
Elle has a keen eye for detail and has been with us for 6 years. Elle manages the administration side of the financial services process from proposal right through to pay-out.
0161 925 1664
Evie has been with us for a year and is responsible for the end of contract administration. Evie has just completed a degree in English Language & Literature.
0161 676 4938