Asset Finance
Get the equipment your business needs without having
to pay the large upfront costs
Get the assets you need quickly and easily
help your business grow without the upfront cost. We can have
the money ready in just one day.
What is
Asset Finance?
Why pick
Asset Finance?
How does
it work?
Give me the facts
- Non-regulated facilities only to any UK registered or domiciled business
- Min £5,000 (Ltd company) or £25,000 (non-limited). Max £500,000 for a single asset and £1m for a single customer
- 12 months – 60 months
- Funding within one working day
- Security required – the asset being financed
- Fixed repayments make it easier to budget
- Set-up fee and option-to-purchase fees apply
- Dedicated relationship manager
FAQs
Asset Finance is for both limited and non-limited companies who want to invest in assets such as equipment, machinery or vehicles without having to pay for them up front.
We work fast. We’ll give you a decision within one working day of contacting us. It’s a smooth process as we only ever ask for essential information. Once your contract is in place, the asset can be financed within 24 hours.
We purchase the asset on your behalf and essentially rent it to you.
You then pay us a series of instalments. With Lease Financing, you pay a lower amount upfront than you would for Hire Purchase. The remaining cost is split and repaid at a pre-agreed fixed-rate of interest per month until the end of the lease. At the end of the lease period you’ll have the option to keep it is subject to an annual rental.
Refinancing allows you to release cash that’s tied up in your existing assets and can help boost your cashflow. It can be provided on both Lease Financing and Hire Purchase agreements – even if you have money still left to pay.
Usually Refinancing is worked out as a percentage of the asset’s equity. If you own the asset without finance you’ll typically be able to get a higher percentage of the item’s overall value.
The Ultimate way
We’re here to support you. We make every stage as straightforward as possible.
Tell us what you need
Fill in the form below or talk your funding need through with us on the phone or we can arrange a meeting – whatever works best for you.
We’ll set to work
And we’ll do it efficiently. We only ever ask for the essential information we need to get an offer in place.
Funds released
Once everything is approved you just need to sign the paperwork. We’ll then complete the process by releasing the funds and making the facility live.
Our funding works the way you need it to
It’s why more and more businesses are choosing us as their funding partner of choice
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