Business Finance
Fund the equipment without draining the cash
Spread the cost of plant, vehicles and machinery over its working life, or release cash from assets you own.
- Facility
- £5,000 to £10m
- Term
- 12 to 84 months
- Structure
- Hire purchase, lease, refinance
- Security
- Secured on the asset
What it is
Asset finance spreads the cost of equipment over its working life instead of paying for it in one hit. Hire purchase ends in ownership. A finance lease rents the asset over a primary term. An operating lease covers use for a set period and hands it back.
The route most owners miss is sale and hire purchase back. The lender buys an asset you already own outright and you repay over an agreed term while carrying on using it, which releases cash locked in plant or vehicles. Soft assets such as IT and fit-out are funded differently from hard assets such as machinery, and the capital allowances are worth a conversation with your accountant before you commit.
Who it suits
- You need plant, vehicles or machinery without a lump sum leaving the account.
- You own equipment outright and want to release the cash tied up in it.
- You are buying used or auction equipment a high street lender will not touch.
- You want to own the asset at the end, so hire purchase suits.
Tell us what you need to fund
Four quick details and Reece comes back within one working day.
How it works with us
Conversation
One call to understand the deal, the timescale and the exit. You get a straight read on whether it funds before anything else happens.
Terms
Indicative terms within 24 hours, with the cost stated in pounds and the trade-offs named, so you decide before an application goes in.
Lender selection
We place it with the lender on our panel of over 165 that fits the case, not the one that pays us the most. Where a product is wrong for you, we say so.
Drawdown
We manage valuation, legals and conditions through to drawdown, and stay your single point of contact until the funds land.
Common questions
Yes, through sale and HP back. The lender buys the asset and you repay over an agreed term while continuing to use it.
