Asset finance is a type of finance used by businesses to get assets and equipment they need to grow. Typically, it involves a regular payment for use of the asset over an agreed period of time, therefore avoiding the need to pay the full cost of the asset upfront.
The most common types of asset finance are hire purchase and leasing.
Asset finance can be used to fund any asset– ranging from computers to trailer trucks and even sea craft. It is a great solution for a small business that needs equipment that is too costly to purchase outright
Asset financing is an important business decision that can have serious implications for both your cash flow and your ability to grow your business. So, our experience asset finance team can help you to find the right option. We’ll take the time to understand your business’ needs, goals and financial circumstances before recommending an appropriate lender and asset financing option for you.