1pm Finance, a specialist finance provider to small businesses across the UK and part of the 1pm Group of Companies, has today announced the launch of a new payment structure across their Leasing solution. The launch of Low Start will enable SMEs to secure finance and invest in vital equipment in an affordable way during the Covid-19 crisis and beyond.
Low Start has been designed by the expert team at Onepm specifically to help SMEs manage the costs of key investments in smaller business assets during this difficult period. The initiative allows business owners to obtain a lower starting option on their Lease, making significantly smaller payments at the beginning of their agreement, for either three or six months.
Onepm is initially launching Low Start to its exclusive panel of asset finance brokers in order to support their customer and dealer networks throughout the UK. The firm aims to provide ease and peace of mind for both new and existing clients wanting to maintain cash flow to ensure continued operation, and for brokers who are working to source and deliver a flexible financial solution to businesses who are currently suffering.
1pm plc (LON:OPM), established in 2006 is an independent provider of finance facilities to the SME sector. The 1pm plc group offer a full range of business finance solutions to the UK market from asset finance, hire purchase, commercial loans through to invoice finance and factoring. Gener8 Finance Limited is a wholly-owned subsidiary of 1pm.