ASSET FINANCE
Invest in equipment without large upfront costs
Whether you need new equipment or want to release capital from existing assets, our flexible finance options are designed to keep your business moving forward.
HIRE PURCHASE
A Hire Purchase agreement is ideal for financing hard assets such as vehicles, plant and machinery, though many other asset types can also be financed. This agreement ensures that you’ll own the asset outright at the end of the term, giving you long-term value and peace of mind.
KEY FEATURES:
Ownership – you’ll own the asset at the end of the term
Versatile – suitable for a wide range of assets
Flexible terms – typically 1 to 7 years
VAT upfront – VAT element paid at the start of the agreement
Low deposit – typically 5-10%
Purchased equipment in the last 6 months? You can still unlock funding with our flexible Sale & Hire Purchase Back agreement. Learn more below.
FINANCE LEASE
This agreement finances a wide range of assets, from equipment needing regular upgrades to software and installation costs. Unlike Hire Purchase, it’s a rental agreement, so ownership stays with the finance company. At the end, you can extend, return, sell and keep most proceeds, or sometimes take ownership for a nominal fee.
KEY FEATURES:
Rental agreement – with flexible end-of-lease options
Versatile – suitable for a wide range of assets
Flexible terms – typically 1 to 7 years
VAT spread out – VAT is paid on each rental
No deposit - just your first monthly rental
Purchased equipment in the last 6 months? You can still unlock funding with our flexible Sale & Lease Back agreement.
REFINANCE
Is your capital tied up in unencumbered assets? We can release equity back into your business through a Hire Purchase agreement, providing additional funds for expansion, investment, or boosting your working capital.
KEY FEATURES:
Asset valuation arranged by us – simple process
Hard assets – machinery, vehicles, and more
Flexible terms – typically 2 to 5 years
SALE & HP BACK
Whether sourcing from multiple or overseas suppliers, our flexible finance helps you secure equipment fast. With invoices up to 3 months old (6 in some cases), you can pay upfront, sell to our finance partner, get reimbursed, and still retain full ownership.
Key Features:
Flexible options – Sale & HP Back and Lease Back available
Versatile – suitable for a wide range of equipment
Flexible terms – typically 2 to 7 years
SUPPORTING PRODUCTS AVAILABLE
VAT DEFERRAL
With a HP agreement, you may be able to defer the VAT payment for up to 3 months, helping you protect and manage your cash flow. (Subject to credit approval.)
STAGE PAYMENTS
If suppliers require milestone payments during the manufacturing process, our funding partners can cover them, keeping your cash flow intact.
PRE-HIRE
Designed for deals over £200k with long lead times, this interest-only loan transitions into Hire Purchase, giving you the funding you need while protecting cash flow.