Asset Finance

Need equipment, machinery or vehicles to grow your business, but prefer to keep cash in the business? Asset finance could be the flexible solution you're looking for. We help businesses secure funding to acquire essential assets without large upfront costs.

Asset finance allows your business to acquire equipment or vehicles by spreading the cost over time. Instead of paying the full amount upfront, you make regular payments through a hire or lease agreement. The asset is used in the business from day one, without putting pressure on your cash flow.

Asset finance can be used for a wide range of purchases, including plant and machinery, commercial vehicles, office equipment, and technology. It’s suitable for both new and used assets and can be tailored to suit the needs of your business, whether you're replacing outdated equipment or expanding operations.

Lenders typically look at your business’s trading history, credit profile, and the type of asset you're looking to finance. Asset finance is available to limited companies, sole traders, and partnerships, with eligibility assessed based on affordability and business performance. Even if you're newly established, there may still be options available.

In some cases, a deposit may be required, but many asset finance agreements allow for 100 percent funding. The asset itself often serves as security, which means you may not need to provide additional guarantees or collateral. We’ll go through all the options with you so you know what to expect before proceeding.

Repayments are agreed over a fixed term and typically remain consistent throughout the agreement. You can choose a repayment plan that suits your business cash flow, with the option to repay early in some cases. We’ll help you compare different finance structures to find the one that fits your needs.

There are a few different types of asset finance, such as hire purchase, finance lease, and operating lease. Each option works slightly differently in terms of ownership, tax treatment, and flexibility. We'll explain the differences clearly so you can make the best decision for your business.

If the asset is identified and paperwork is ready, funding can be arranged in just a few days. We'll guide you through the application process and help ensure everything moves smoothly so you can get on with running your business.