Asset Finance

Asset finance is a means of financing specific assets. Having worked in the Asset Finance industry for a number of years we have experience of financing equipment, machinery and vehicles.

Financing an asset can be an efficient way of purchasing equipment, machinery and vehicles, as it will enable your business to purchase the assets without having to incur the full expenditure of the purchase price. In addition, it enables the business to preserve cash-flow.

There are a number of different types of asset finance structures which are commonly available these include:

 

  • Hire Purchase – the lender will take title of the asset until the option to purchase fee is paid (at the end of the fin
  • ance agreement), at which point the title will revert to the business. Typical lending terms will be between 1-5 years, and deals can be structured on either a fixed or variable rate.
  • Finance Lease – the lender will own the asset, and then rent it to the borrower. At the end of the “primary” rental term, their wil
    l be several options available to the lessor, including continuing into a secondary rental period, where the lessor can continue to use the asset in return for an annual fee (different terms and conditions may apply), or alternatively it may be possible to purchase the asset through a third party. Leasing can be a tax efficient means of purchasing assets, as interest is a deductible expense.

We can assist with a range of asset finance requirements, and we have a number of small bespoke lenders that are actively seeking to grow their lending portfolio. Contact us today for further details.

If you would like a quotation or a general conversation regarding your businesses funding requirements: Click Here To Contact Us

Providing our clients with:

✓ Great rates of funding

✓ Professional discreet service

✓ Quick decisions

✓ Broad panel of lenders