Asset Finance

Asset finance (or equipment leasing) is a method of finance used by a business to purchase equipment they need. 

Spreading the cost of an equipment or machinery purchase avoids large capital outlays which impacts your cashflow. 

Asset finance can be used to purchase brand new or even secondhand machinery or equipment.

Benefits:

  • Low or No Deposits
  • 100% Tax Deductible 
  • Easy Budgeting
  • Fixed Monthly Payments
  • End of Lease Ownership Options 
  • 1-7 Year Terms (Hard Asset Only)
  • Borrow from £10k – £5m 

What Can Be Financed?

In a nutshell, anything. But critically lenders place equipment into two different categories – Hard Asset and Soft Asset. Hard assets can be financed at slightly cheaper rates than soft assets, mainly given that hard assets have a much higher resale value and soft assets do not. Which of course in the event of default is important to a lender. 

Hard Asset Examples: 

  • Commercial Vehicles 
  • Manufacturing Equipment
  • Engineering Equipment 
  • Heavy Construction and Plant 
  • Agricultural Plant and Machinery   

Soft Asset Examples: 

  • Audio Visual Equipment 
  • Shopfitting 
  • Beauty Equipment 
  • Dental Equipment 
  • Gym Equipment 
  • Laundry Equipment 
  • Waste Disposal Equipment  
  • Furniture
  • Catering & Kitchen Equipment

The Process: 

  • Apply Online Here
  • Submit any Financial Info Requested inc Equipment Details
  • Get Approved
  • Equipment Supplier Raises an Invoice
  • We Get Them Paid, You Get Your Equipment! 
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Quick Online Application

Takes 2 mins!
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We'll Find The Right Lender

A human, not a robot.
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Get The Funds

Could be same day.
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Whatever your business need, the right kind of flexible finance is available to you. We’ll carry out a needs assessment based on your requirements and circumstances and advise on the loan products we can offer you. Our team are experienced, helpful, friendly- and they don’t speak in jargon!

Get in touch for a no-obligation chat today and secure the business finance that you need.