ASSET
FINANCE
PRESERVE WORKING CAPITAL
Equipment, machinery or vehicles can all be purchased using this funding option.
APPROVED ASSET FINANCE - RATES FROM JUST 2%
Equipment, machinery or vehicles secure the assets your business needs
With Asset Finance you can preserve valuable working capital by purchasing equipment, machinery or vehicles with affordable monthly repayments.
Asset Finance can take on various different forms including Hire Purchase, Leasing or Refinance. Also known as Equipment Finance, this type of product (more specifically Lease Finance) also allows for the offset of costs against profits, which is an effective tax relief strategy for any business.
Asset Finance can be used for assets traditional hard assets such as; Commercial and Business Vehicles, CNC Machinery, Plant Equipment, Fort-lifts or soft assets such as IT Software and Systems, Office Furniture, Fit Out Fixtures and Fittings and much more...
OPTIONS
By working with over 70+ specialist lenders, we will source the best finance product to suit your needs.
LOW RATES
Our relationships with lenders and suppliers enables us to secure best in class rates across all industry sectors.
EFFICIENT
Asset based finance or ongoing access to funds, with fast application and decision. Funding possible in 24 hours.
EXPERIENCE
Our Account Directors have facilitated over half a billion in funds for more than 5,000 businesses.
USE THE APPROVED
BUSINESS FINANCE CALCULATOR
To help you better understand the cost of business finance we've created this calculator. You'll be able to get an indicative idea of what it would cost you to secure that piece of equipment, growth funding or working capital to support your business needs.
Sounds great, take me to the calculator!
Asset Finance FAQ
How many types of Asset Finance are there?
Asset Finance is a broad term for lending which helps you acquire assets such as equipment, machinery and vehicles or even release cash equity from these assets.
What is Hire Purchase?
Hire Purchase is a straightforward way of purchasing an asset and spreading the cost over time with affordable monthly repayments. You will be responsible for the maintenance and associated costs as you will have full ownership of the asset once you finance term ends.
What is Asset Refinance?
Asset Refinance is the process of securing a loan against assets that your business owns e.g. equipment and vehicles. The lender uses the asset of security, therefore if you can't keep up with the monthly repayments, the asset will help recoup what is owed. For more information on Asset Refinance, click here.
Can I repay my Asset Finance agremeent early?
Yes, you have the option to repay early. If you want to repay your loan early, please contact us on info@approvedbusinessfinance.co.uk or call us on 01908 429888.
How is Approved different to traditional banks and lenders?
With over 70+ lenders on our panel, our flexibility is unmatched. Your business needs are personal and specific to you, that's why we match your requirements with a lender or lenders who can best facilitate your needs.