FAQ

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What is your interest rate?
Interest rates vary depending on the type of financial product, the term, amount of the loan and the credit risk.
How does Morris Finance differ from a bank?
We can offer clients faster and more carefully tailored flexible solutions than most banks. Morris Finance can provide a wider variety of loan types and equipment and, because of our structure we usually respond to market changes and customer needs more quickly.
Do I need to provide financial returns?
We generally need two year financial returns.
How long does it take to get approval?
Times can vary as each application is different.
Why should I do business with Morris Finance?
For flexibility and business understanding. As your needs fluctuate during the term of your loan, you can create convenient structures from an array of customized lending products.
How will leasing affect my cashflow?
Positively. Leasing usually lowers monthly payments more than other financing sources which can help you bring revenues and expenses into closer alignment. Make fixed payments, and you’ll have the added benefit of being able to accurately forecast your equipment expenses.
Can Lease payments be reduced?
Lower monthly lease payments can be negotiated, usually by extending the term of the lease. Assuming that payments are fixed, an extended term can reduce the amount of each individual payment, however, the amount paid over the full term will be higher.
Can Morris Finance still help if my business was unprofitable last year?
We are more than just a ‘fair weather friend’. We recognize that every company has its ups and downs and we can often help in ways you may not expect. For something as simple as a sale and leaseback facility to a host of cashflow enhancement products, we are here to help.
Can I get an early payout on my account?
Yes you can just contact our customer service department and they will be happy to assist.
Can I make additional repayments on my account?
Yes, please contact our customer service specialists and they will be happy to assist.
Can I change the date on which my repayments are drawn?
Changing the date of repayments can be negotiated by simply contacting our office and one of our customer service specialists will be happy to assist.