Asset Finance

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Spread your costs
Improve Cashflow

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Flexible Solutions

Allows acquisition of business assets like machinery and vehicles without large upfront payments.

Cash Flow Management

Cash Flow Management: Spreads asset costs over time, helping maintain healthy cash flow for growth.

Latest Equipment Access:

Provides access to up-to-date technology and equipment, enhancing efficiency and competitiveness.

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What is
Asset Finance?

Asset finance is a financial solution that allows businesses to acquire assets such as machinery, vehicles, or equipment without having to pay the full purchase price upfront. Instead, the cost of the asset is spread out over time through regular payments, making it more manageable for businesses to access the assets they need to operate and grow. Asset finance can take various forms, including leasing, hire purchase, and asset-based lending, and it provides businesses with flexibility in managing their cash flow while still benefiting from the use of essential assets.

Frequently Asked Questions

Asset finance is a financial solution that allows businesses to acquire assets such as machinery, vehicles, or equipment without having to pay the full purchase price upfront. Instead, the cost of the asset is spread out over time through regular payments.

Asset finance can be used to finance a wide range of assets, including machinery, vehicles, equipment, technology, and even property in some cases.

Asset finance offers several benefits, including improved cash flow management, access to the latest equipment and technology, flexibility in repayment terms, and the ability to preserve working capital for other business needs.

Yes, asset finance can be particularly beneficial for new businesses that may not have access to large amounts of capital upfront. It allows them to acquire the assets they need to get started without putting a strain on their cash flow.

The main types of asset finance include leasing, hire purchase, and asset-based lending. Each option has its own features and benefits, allowing businesses to choose the most suitable option based on their needs and circumstances.

In asset finance, the lender provides funds to purchase the asset, and the business makes regular payments over a set period, typically monthly or quarterly. At the end of the agreement, the business may have the option to purchase the asset outright, extend the agreement, or return the asset to the lender.

Depending on the type of asset finance arrangement and local tax laws, there may be tax advantages available, such as tax deductions for lease payments or claiming capital allowances on assets purchased through hire purchase agreements. It’s advisable to consult with a tax advisor for specific guidance in this area.

Asset finance is suitable for businesses of all sizes and across various industries. Whether you’re a small startup looking to acquire essential equipment or a large corporation seeking to upgrade your machinery, asset finance can provide the funding you need.

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Interested in
Asset Finance?

Asset finance offers businesses a flexible and accessible solution to acquire essential assets and drive growth. Whether you’re looking to invest in machinery, vehicles, or technology, our tailored asset finance options can help you manage cash flow, access the latest equipment, and unlock new opportunities for your business. Contact us today to explore how asset finance can support your business goals and propel you towards success