Access the equipment, vehicles, or machinery your business needs without large upfront costs. Asset finance allows you to spread the cost over time while preserving cash flow.
Complete our quick form to get matched with lenders offering tailored asset finance solutions for your business.
Asset finance is a type of business finance that allows a business to acquire an asset such as machinery, vehicles, or equipment without paying the full cost upfront. Instead, the cost of the asset is spread over an agreed period through a finance agreement.
Asset finance allows businesses to access essential equipment while maintaining working capital. This form of asset finance is widely used by UK SMEs looking for flexible funding options.
Asset finance works by allowing a business to use the asset while making regular payments to a finance provider. Depending on the type of asset finance, the business may own the asset at the end of the agreement or return the asset.
A lease is a form of asset finance that enables a business to use equipment for a fixed term. This makes it a popular finance option for businesses looking to access new equipment without large upfront costs.
Hire purchase is a type of asset finance where the business pays for the asset in instalments. At the end of the agreement, there is usually an option to purchase the asset.
This option is ideal for businesses that want to acquire an asset while spreading the cost over time.
A finance lease allows a business to use the asset for most of its useful life. The lender retains ownership, but the business is responsible for maintenance and insurance.
At the end of the term, the business may continue leasing, upgrade, or return the asset.
Contract hire is commonly used for vehicle finance. It allows businesses to lease vehicles for a fixed period without ownership, making it a flexible finance solution.
Asset refinancing allows businesses to unlock capital tied up in existing assets. This type of finance option can improve cash flow by releasing funds from equipment or machinery already owned.
Asset refinancing is often used to support businesses during periods of growth or when additional working capital is required.
Before applying, you can use this loan calculator to estimate repayment costs. This helps you understand how different loan amounts, interest rates, and loan terms impact your monthly payment.
Using a calculator can provide clarity and help you assess what level of borrowing is manageable for your business.
Simply enter the amount you wish to borrow, loan term (in years), and interest rate. Please bear in mind this is a guide and what you may end up repaying.
Asset Finance
ESTIMATED MONTHLY PAYMENT
£0.00
Asset finance can be used for a wide range of assets, including:
Machinery or equipment
Commercial vehicles
Technology and IT systems
Specialist tools and equipment
From hard assets such as machinery to soft assets like software, asset finance provides flexible funding for a range of business needs.
Asset finance offers several advantages for businesses:
Spread the cost over time
Access new equipment without large upfront investment
Maintain cash flow and working capital
Flexible finance tailored to your needs
Asset-based lending could help your business stay competitive by accessing the latest equipment and technology.
Asset finance for UK SMEs is a popular option for businesses looking to grow without relying on traditional loans. It allows a business to invest in essential equipment while keeping capital available for other opportunities.
Whether you’re a sole trader or a limited company, asset finance is available to support businesses across a wide range of sectors.
An asset finance broker or credit broker can help you access a wide range of lenders and funding options. Instead of approaching each finance lender directly, working with a broker can simplify the process and improve your chances of finding the right finance solution.
At Commercial Mortgage Guide, we connect businesses with specialist asset finance providers offering tailored solutions.
Each lender will assess your application based on your business profile, financial position, and the asset being financed. Finance agreements will outline the terms, including repayment schedules and responsibilities.
Some providers are authorised and regulated by the Financial Conduct Authority, ensuring a level of protection for businesses entering into agreements.
Unlike traditional loans, asset finance is secured against the asset itself. This can make it easier to access funding, as the asset provides security for the lender.
Asset finance allows businesses to invest in growth without taking on large unsecured borrowing.
Asset finance can help your business grow by enabling access to equipment, vehicles, or machinery needed to expand operations.
By using asset finance, businesses looking to grow can invest in opportunities for growth while preserving cash flow and maintaining financial flexibility.
If you’re looking to use asset finance to support your business, we can help you explore the most suitable options.
We provide access to asset finance solutions from a wide range of lenders, helping you find the right finance option for your needs.
If you’re ready to explore asset finance, we make it simple.
Complete our short form to connect with lenders offering flexible asset finance solutions tailored to your business requirements.
Asset finance can be used to fund a wide range of business assets, including machinery, vehicles, equipment, and technology. Both hard assets (like machinery) and soft assets (such as software) can be financed depending on the lender.
This depends on the type of asset finance. With hire purchase, you typically have the option to own the asset at the end of the agreement. With a lease or contract hire, the asset is usually returned unless an option to purchase is included.
Yes, asset refinancing allows businesses to unlock capital tied up in existing assets. This can help improve cash flow by releasing funds that can be reinvested into the business.
Yes, asset finance is widely used by small businesses and startups. Because the finance is secured against the asset, it can be a more accessible option for businesses that may not qualify for traditional loans.
We can also help find commercial finance options with other services
Finance for purchasing or refinancing commercial property.
Funding for property development, from new builds to refurbishments
Flexible funding for your business growth
