Asset finance is a flexible approach to funding. It gives your business access to the equipment, vehicles, plant and machinery and technology it needs to perform and grow, without compromising cash flow. It can be used for acquiring both new and used assets, or as a mechanism for releasing the value from those you already own. Over the past few years, asset finance has become the fastest growing finance option of businesses of all sizes, across all industries.
Most assets can be financed including the following:
- Cars (personal and business)
- Commercial vehicles
- Plant and machinery
- Trucks, Buses and Coaches
- Golf equipment and irrigation systems
- Office equipment
- Office furniture
- Catering equipment for restaurants and kitchens
- Medical and dental equipment
- IT Equipment and Technology, including software
Asset finance is a collective term for a range of funding solutions that include:
- Hire Purchase (Personal and Business)
- Finance Lease (Business only)
- Contract Hire/Leasing (Personal and Business)