Asset Finance

Fund the equipment you need to grow

What is Asset Finance?

Asset finance is funding secured against equipment required for your business. It has several forms, but most people are aware of two popular forms, leasing and hire purchase. Asset finance allows a business to have the machinery, vehicles and specialist plant required to operate efficiently, and grow, without needing to fully fund that equipment up front.

Asset finance can also be very tax-efficient, with costs of certain types of asset finance agreements offset against company profits.

How Asset Finance Works

Typically, an asset finance agreement will provide new equipment for use, in return for which the company makes an agreed monthly payment, over a fixed term that is detailed within the finance documentation. Asset finance can cover:

  • company vehicles
  • delivery vans and trucks
  • manufacturing equipment
  • office equipment, computers and printers
  • hardware for rental
  • construction or farming equipment
  • new or used secondhand items

How to apply?

Once you have identified the project and roughly worked out viability, costs, end value and profit margin, get in touch on 02922 677 725, or fill out the form in the contact page. It doesn't matter if you don't already own the land/property.

We will then ask you lots of questions, (known as a fact find), to get as much information about the development as possible. This will allow us to appraise your project and give you an honest opinion as to whether we can help, i.e. we'll let you know if there are any lenders who might be willing to provide the necessary finance.

Our Lending Partners