Using asset finance to take out a loan to buy or lease assets for your business is a flexible alternative to bank loans and allows you to obtain essential equipment to run and grow your business if you don’t have the capital readily available.
You can finance anything from computers and office equipment to motor vehicles. The loan is secured against new or existing assets, and many finance agreements come with fixed repayments making it easier to manage your budget.
Depending on the arrangement you may own the asset outright after a series of payments, or simply pay to lease the assets for a fixed monthly sum.