Unlock your cash flow potential. At Yorkshire Bank we take a flexible approach to business borrowing.
Lending is subject to status and eligibility.
Yorkshire Bank can help with your asset finance. We have the experience and connections to assist you finding the best solutions for future investment. From simple to comprehensive packages in the UK, our experience, complemented with partner support, will help you grow your business. Terms and conditions apply.
For all of our asset finance services, fees and charges will apply and will be dependent on individual circumstances.
|Finance new assets with the freedom and flexibility of a cash buyer||Hire Purchase||
|Acquire further assets without significant outlay||Lease||
Some of the industries that can benefit, include:
Standard (apply in most cases however there may be circumstances in which they do not apply).
|Customer claims capital allowances|
|Interest allowable against tax|
|Rentals allowable against tax (some restrictions for cars over £12k)|
|Working capital & cashflow benefits|
|Fixed, Variable or Tailored funding options|
|Fixed term and repayments/rentals (subject to change in VAT)|
|No VAT on repayments|
|VAT on asset cost reclaimable|
|VAT on rentals reclaimable (50% restriction on cars with private use)|
|Receive or share in proceeds from asset sale|
Tax treatments are in accordance with current Statements of Accounting Practice. The VAT and other tax restrictions described apply to new and some used cars. The restrictions do not apply to commercial vehicles and other assets.
The value of any tax benefits to you depends on your individual circumstances, the Law and Her Majesty's Revenue & Customs (HMRC) practice, which are subject to change.
The information given on these web pages is for guidance only. It is not intended as a substitute for professional advice, and you should ask your accountant and solicitor to advise you on the implications for your business of any of the options shown above, as these may vary depending on your business circumstances.
Our existing customers can apply for lending solutions online. All loans subject to status and eligibility.
Monday - Friday 8.00am - 6.00pm
Find your nearest branch or private banking centreBranch locator
Start your business current account application process online.
All accounts are subject to status and eligibility.Compare our business accounts
To log into Internet Banking you now need to use Virgin Money Internet Banking. You'll get the same great service and are able to access all your accounts.
Your log in details will stay the same and you can log in directly from the shiny new Virgin Money website.Go to the Virgin Money website
You can now make international payments up to £1million without calling us to pre-book an exchange rate.
Our maximum transaction limits have increased so you no longer need to call us to make payments up to £1million, as long as your business's limit is £1 million.
Please note, our spot value (2 business days) currencies will remain at a £250,000 limit – you can find a list of these list of spot value currencies here.
We’ve also made it even easier to see the latest exchange rates. We’ll update the rates every 15 seconds, so you can take advantage of market movements for your international payment.
If you’d like to increase your international payment limit, or have any questions, we’d love to hear from you. Get in touch.Continue to Virgin Money Business Internet Banking