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Business finance

Asset Finance

Asset finance can help companies acquire vehicles, machinery, technology and other equipment without paying the full cost upfront.

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01Can match funding to a specific business asset.
02Structures can include hire purchase and leasing depending on provider and asset.
03Terms depend on the asset, deposit, business profile and provider criteria.
01

What is asset finance?

Asset finance is designed around equipment or other business assets. Instead of using unrestricted working capital to pay the full purchase price, the cost can be spread over an agreed period under the chosen facility.

02

What assets can be financed?

Common examples include commercial vehicles, plant, manufacturing machinery, construction equipment, technology and specialist equipment. Whether a specific asset is acceptable depends on the provider and its value, age and resale characteristics.

03

Why companies use asset finance

For some businesses, financing an asset can preserve cash for other operating requirements and align repayments with the period in which the asset is expected to generate value.

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