What is Asset Finance?

Asset finance enables businesses to access essential equipment, vehicles, or machinery without large upfront costs, by spreading payments over time. A related option, asset refinance, unlocks cash tied up in existing assets, improving cash flow by using those assets as security. The lender retains ownership as security, while the borrower usually pays a deposit to reduce risk.
Popular asset finance options include:

• Hire Purchase: regular payments lead to asset ownership.

• Equipment Leasing: covers various leasing methods.

• Operating Leases: short-term use without ownership.

• Finance Leases: longer-term, with potential for ownership.

• Sale & Leaseback: sell an owned asset and lease it back to release capital.

Am I Eligible for an Asset Finance?

Most businesses can qualify for asset finance if they can demonstrate affordability and creditworthiness. It’s commonly used to fund the purchase of vehicles, machinery, or technology - or to unlock value from existing assets.

How Much Can I Borrow with Asset Finance?

Asset finance facilities typically range from £10,000 to over £1 million, depending on the type and value of the asset being financed. Whether you're buying new equipment or refinancing current assets, lenders can tailor solutions to match your business needs.

How Fast Can I Get Approved & Funded?

Approval for asset finance can take as little as 24–72 hours once the necessary documents and asset details are provided. After that, funds or equipment can be released quickly, making it a practical choice for time-sensitive investments or upgrades.

What Can Asset Finance Be Used For?

Asset finance can be used to acquire vehicles, machinery, IT systems, office furniture, or any other physical equipment your business needs to operate or grow. It can also be used to refinance existing assets to release working capital.