Equipment & Vehicle Financing FAQs

FAQs in Equipment & Vehicle Financing

• Can we have more than one finance agreement with you at any one time?

  Absolutely, every business is different with varying finance requirements.

• Do you work with brokers and intermediaries?

  We love working with Brokers and Intermediaries, and are always looking to increase our panel – contact us to find out more.

• Are there minimum or maximum values you will lend?

  Every deal is different and will be reviewed on it’s own merits, big or small.

• Can you really be helpful to newer and smaller firms like mine?

  We have been supporting new and small businesses since 2016, contact us and let’s see what we can do.

• What size businesses do you work with?

  We work with all businesses from sole traders to partnerships to Limited Companies. Whether you are a micro enterprise, a small or medium enterprise or a large Corporate we’ll be delighted to speak with you.

• What are your asset finance products?

  Hire purchase –with this product you’ll repay in installments via simple payment plan tailored to suit your budget and cashflow. At the end of the agreed repayment term, ownership passes to you for a nominal sum.

  Finance leasing – a finance lease works as a rental agreement. We buy the asset you need and rent it to you over the duration of the lease contract. That means you have it straight away, and only need a fraction of the total amount up front.

  Refinance – this is a finance solution that enables you to raise capital for your business by securing a loan against assets you already own, like machinery, equipment and vehicles

• Why should I get asset finance?

  Rather than use up all your cash flow, Asset Finance allows you to pay for the asset over an agreed repayment term.