Asset Finance

If you are looking for a flexible way to finance the purchase of a new asset for your business or just wish to diversify your funding sources, our Asset Finance brokers are able to assist. Typically we can arrange up to 90% of the price of a new asset (depending on the asset) and we can also arrange refinance of existing assets. Suitable assets include

• Commercial vehicles
• Construction plant
• Industrial machinery
• Printing equipment.

We can supply you with Asset Finance as long the invoiceable goods/services are not subject to a contractual agreement or are not subject to staged payments. The advantages of Asset finance are:

• Unlike an bank overdraft, the finance is not repayable on demand
• Repayments can be offset against income generated by the asset to ease cash flow
• Spread payments over 3 or 5 years to match the useful life of the asset
• Interest rates are usually fixed giving certainty costs
• No need for additional security as the finance is secured on the asset
• Interest can be offset against your Profit & Loss account

In addition to being independent and able to shop around to get you the best Asset Finance quote, our Commercial Finance team can also look at Hire Purchase/Leasing, Invoice Discounting or other finance options for your business.

We are also one of the few brokers in the UK to have a relationship with a commercial Peer-to-peer lender allowing our clients borrow money at very competitve rates from private individuals. Please contact us directly for further details.

Apply online for Asset Finance today and one of our Commercial Finance team will be in touch to discuss your options.

Asset Finance