Asset finance explained
What is asset finance?
Businesses can use asset finance to get the equipment they need to grow. Pay a regular amount to use the asset over an agreed period, avoiding the full cost of buying outright. We offer both Hire Purchase and Contract Hire, or you can explore our other finance options to find a product that suits your needs.
Asset finance could make it easier to raise funds for additional finance needs, in contrast to traditional loans. Take into account your overall borrowing needs when considering finance options.
What are the business advantages of asset finance?
Firms that need to maintain close control over working capital and cash flow could benefit from these advantages to asset finance: