Hitachi Capital offer asset, invoice, and franchise finance to British businesses. Hitachi is an established lender with a 35-year history, funding over £5 billion and supporting 800 SMEs across 50 industries. As well as business finance, Hitachi Capital provides personal loans, retail finance, point of sale finance, and car and vehicle finance.
Hitachi Capital Loans & Finance
Your business can release up to 90% of the value of an invoice within 24 hours. You’ll receive the final 10% when your customer pays the full invoice. Both factoring and discounting are available, meaning either you or Hitachi can take care of chasing the final payment. Hitachi will take a percentage of the total invoice as a fee.
£5,000 to £500,000 is available to purchase or rent vehicles, physical assets, and equipment over 2-5 years. Your business will pay a monthly fee at an APR of 11.6%. Repayment terms are 2-5 years. To qualify, your business needs 3+ years of trading history.
£5,000 to £500,000 is available to franchise owners, repaid over 2-5 years. Hitachi also have access to a panel of franchise finance brokers, so can often find an appropriate finance deal for many businesses.
Hitachi Capital Reviews and Ratings
Trustpilot, Feefo, and Smart Money People reviews are posted by personal finance customers only.
81% of Trustpilot reviewers think Hitachi finance is ‘Excellent’. People think the borrowing process is quick and easy but a few critics have found them to be slow and unresponsive. Feefo and Smart Money People reviews are also very complimentary. Many customers say they “can’t fault the service” and Hitachi are quick to answer questions and sort out issues.
There are far fewer Google reviews and most don’t have comments, but they’re largely positive.
Hitachi Capital has won a range of awards and nominations for its business finance products. Hitachi Capital is a finalist for Best Factoring & Invoice Discounting Provider and Best Service from an Invoice Finance Provider at the 2020 Business Moneyfacts Awards.
- Range of finance options to suit businesses with different needs.
- A large finance brand with a long history of lending to businesses and individuals.
- Positive ratings across the review sites.
- Most reviews are written by personal finance customers.
- Asset and invoice-based finance only.
Website: Hitachi Capital Business Finance