Asset Finance

I want to purchase assets for my business, but I don’t want to disrupt our cash flow

If you’re looking for a way to finance your business, you might be able to secure funding against the value of your assets, allowing you to release this cash to fund an expansion project or simply accelerate day-to-day cash flow.

Asset finance is the practice of using your company’s balance sheet assets as a security to borrow money or take out a loan against what you already own. Assets can be anything that’s vital to the operation of your business, such as large-scale plant or machinery, any type of vehicle or fleet of vehicles, catering equipment and even commercial premises.

Asset finance tends to be divided into these main product types:

• Hire Purchase
• Refinance and Capital Release
• Operating Lease
• Finance Lease

Your business can spread the cost across an agreed term with monthly payments and the option of a larger final payment, allowing you more control over your cash flow.

There are several other benefits of asset financing, including capital allowances, meaning you can recover some of your costs through tax deductions.