Asset Finance
What is Asset Finance?
Asset finance is a practical funding solution that allows businesses to acquire the equipment, vehicles, or machinery they need—without the upfront cost. Instead of paying in full, you spread the cost over time, preserving cash flow and enabling growth.
Asset finance can also release capital from existing assets, improving working capital and helping you reinvest in your business.
Asset finance is commonly used for:
- Purchasing new or used vehicles, plant or machinery
- Investing in IT systems, software or office equipment
- Upgrading production or manufacturing equipment
- Releasing equity from owned assets (refinancing)
Key Benefits of Asset Finance
- Preserve Cash Flow – Spread the cost of vital assets without tying up working capital
- Access to High-Value Equipment – Invest in the tools your business needs to grow
- Flexible Options – Choose from hire purchase, finance lease, or refinance solutions
- Tax-Efficient – Potential VAT deferral options available
- Fast Approvals – Funding arranged quickly with minimal disruption
- Upgrade Easily – Stay ahead of the curve by upgrading assets when needed
Who is Eligible?
Asset finance is available to:
- Limited companies, sole traders and partnerships
- Startups and growing businesses
- Established firms in any sector – including construction, logistics, agriculture, manufacturing, and professional services
How much can you borrow?
- Finance Amounts: From £10,000 to £10,000,000+
- Terms: Typically, from 1 to 7 years
- Deposit: Often low or none – subject to asset and lender criteria
- Security: The asset often serves as security (in many cases no additional collateral is required)
- Rates: Fixed or variable – tailored to your asset type, business profile, and credit history
