Asset finance enables businesses to access essential equipment, vehicles, or machinery without large upfront costs, by spreading payments over time. A related option, asset refinance, unlocks cash tied up in existing assets, improving cash flow by using those assets as security. The lender retains ownership as security, while the borrower usually pays a deposit to reduce risk.
Popular asset finance options include:
Most businesses can qualify for asset finance if they have been trading for at least 6 months and can demonstrate stable revenue or creditworthiness. It’s commonly used to fund the purchase of vehicles, machinery, or technology — or to unlock value from existing assets.
Asset finance facilities typically range from £10,000 to over £1 million, depending on the type and value of the asset being financed. Whether you're buying new equipment or refinancing current assets, lenders can tailor solutions to match your business needs.
Approval for asset finance can take as little as 24–72 hours once the necessary documents and asset details are provided. After that, funds or equipment can be released quickly, making it a practical choice for time-sensitive investments or upgrades.
Asset finance can be used to acquire vehicles, machinery, IT systems, office furniture, or any other physical equipment your business needs to operate or grow. It can also be used to refinance existing assets to release working capital.
Rates for asset finance vary based on the asset type, business credit profile, and lender — typically ranging from 4% to 15% APR. Repayment terms often run from 1 to 7 years. Options include hire purchase, finance lease, and operating lease, each with different tax and ownership implications.
Complete our quick online form with a few details about your business and what you need funding for. No commitment, no jargon.
A dedicated finance expert will get in touch to understand your needs and tailor options that work for your business.
We’ll match you with trusted lenders from our panel, offering competitive rates and flexible terms suited to your sector.
Review your finance offers with full transparency. We’ll guide you through the details so you can make a confident decision.
Once approved, your funds are released quickly — often within 24–48 hours — so you can get back to growing your business.
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Entertainment & Media
Once the asset is approved by the lender, which sometimes requires an in-person inspection, done by the lender, the funds are release within 24-48h. Approvals tend to take up to 5 days, as it requires matching the inspection scheduling with the lenders availability.
Yes, It is a common way to release capital, if the business owns a significant amount of equity in assets.
A wide range of assets can be financed, from hard assets to soft assets, including vehicles, machinery, IT equipment, specialised tools, plant equipment.
Hard assets are tangible items with a resale value, such as vehicles, machinery, and equipment. Soft assets are items with limited resale value, like software, furniture, or IT systems.
Yes, many lenders provide asset finance to startups and small businesses, as the asset itself will work as security, though approval depends on factors like credit history and business viability.
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"Asset finance is a cornerstone of SME funding, enabling businesses to spread the cost of vehicles, equipment, and machinery over manageable payments. By using the asset as security, businesses benefit from reduced costs. Asset finance can also unlock working capital by leveraging the value of existing assets."
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A business loan allows companies to borrow funds, typically starting from £10,000, and repay the amount over time, often for business growth or improvements. Repayments can be made either monthly or weekly, with terms ranging from months to years, depending on the loan type and the borrower’s profile.
To qualify for an unsecured business loan, lenders typically look at your business’s credit history, annual revenue, trading duration (usually 6+ months), and your ability to repay. Unlike secured loans, you don’t need to offer collateral, making it ideal for fast-growing or asset-light businesses.
Unsecured business loans usually range from £5,000 to £500,000. The amount you're eligible for depends on your revenue, creditworthiness, and lender criteria. We work with lenders who offer flexible borrowing limits tailored to your needs.
Some of our lending partners offer decisions within 24 hours, and funding can be released as quickly as the same day. The process is online, streamlined, and hassle-free, so you can focus on growing your business.
Unsecured loans can be used for almost any business purpose, including cash flow management, stock purchases, equipment upgrades, marketing campaigns, or hiring new staff. It’s up to you how to invest in your growth.
Interest rates for unsecured business loans typically range from 6% to 25% APR, depending on the lender, loan amount, and your credit profile. Repayment terms vary between 6 months and 5 years. We’ll match you with the best rates available for your situation.
