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Asset Finance

Asset finance is a way to purchase assets without taking out a conventional loan. It allows you to spread payments over an agreed term and so avoid making big one-off payments for the extra machinery or equipment your business might need to grow.

Features and benefits

  • Funding for all types of assets from farm vehicles to plant and office equipment.
  • Competitive interest rates.
  • Response to funding requests within 24 hours.
  • A fast and efficient phone-based service.

Hire Purchase

Hire Purchase allows straightforward financing and asset ownership. You benefit from spreading the cost of the asset over an agreed term, followed by a one-off purchase option fee, which transfers ownership to you at the end of the term.

Finance Lease

Finance Lease allows immediate use of a new asset with a minimal initial financial outlay. It is a simple approach to lease funding, providing a deferred payment plan on the acquisition of any asset.

Assets funded include:

  • Plant & machinery.
  • Cars, buses and coaches.
  • Heavy/light commercial vehicles.
  • Commercial vehicle trailers.
  • Agricultural equipment.
  • Construction equipment.
  • Medical equipment.

We have specialist propositions for:

  • Manufacturing businesses that seek funding for commercial/HGV vehicles, machinery, plant and manufacturing equipment including investment into automation robotics.
  • Healthcare business that seek funding for surgery equipment such as dental chairs, scanners, other surgery equipment and vehicles.
  • Agricultural businesses that seek funding for tractors, combine harvesters, commercial vehicle trailers and other farm equipment.
  • Professional practices that seek to spread the cost of Professional Indemnity Insurance and Partner Tax Liability.

To apply for Asset Finance,  you should:

  • Achieve sales in excess of £50,000.
  • You must have been trading for a minimum of 12 months.
  • The business must be UK based.
  • Require the finance for business use.
  • Be a sole trader, partner or director with authority to borrow on behalf of your business.
  • Be aged 18 or over.

Before we can help you, we need to know:

  • How much you would like to borrow.
  • What you need the finance for.
  • How many months you would like to make the repayments over.

Easy-to-follow figures so you can make comparisons.

Find out moreabout finance assets

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Vehicle Contract Hire

A cost-effective way to manage company vehicles from the UK's leading fleet management firm.

Find out moreabout Vehicle Contract Hire

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How to apply for lending

Follow our step-by-step guide on how to apply for lending.

Find out moreabout how to apply for lending

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Commercial Fixed Rate Loan

Repay a consistent monthly amount for the entire length of your loan term.

Find out moreabout the Commercial Fixed Rate Loan

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Loans and finance

Our lending products are flexible enough to accommodate almost any business plan.

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How to apply

Get a quote

Online

Use our instant online Hire Purchase quote calculator.

Launch Calculatorto get an online quote.

On the phone

0345 602 4796Telephone 0345 602 4796

Talk to one of our Asset Finance Specialists. We’re available from 9am to 5pm Monday to Friday, except public holidays.

If you need to call us from abroad, or prefer not to use our 0345 number, you can also call us on 01733 347338Call telephone number 01733 347338, to speak to one of our advisors.

Making sure you get a fair deal

We want you to find a product that's right for your circumstances, which is why we adhere to the Standards of Lending Practice, which are monitored and enforced by the Lending Standards Board.

To find out more you can read the statement of responsibilities, which details what's expected of us, the lender and you the borrower.

Download the statement of responsibilities

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Finance selector

A convenient way to help you decide which of our finance options could be right for your business.

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