Asset finance is a type of loan that enables businesses to obtain funding for the purchase of assets they need to run and grow successfully. Assets such as cars and vehicles, equipment, software, machinery, systems, tools, furniture, mobile buildings, containers, and other technology, or enables you to release capital in assets you own.

There can be tax benefits which can help your business, but we recommend speaking to your accountant beforehand.

Paying cash outright for capital assets can be a significant drain on your working capital, and waiting for cash from your receivables also restricts growth, asset finance takes this strain off your business and will ease your cash flow through regular payments over an agreed period of time and there can be tax benefits which can help.