FacilitiesAsset finance
Asset finance
Vehicles, plant and machinery funded against the asset, so the deposit does not wipe out cash.
- RANGE
- $8,000 – $1m
- TERM
- 12 – 60 months
- PRICE
- From 9.9% APR indicative
- DECISION
- Often same day
Equipment loans and finance leases, arranged against a specific asset with a supplier invoice. Soft assets — laptops, furniture — are a poor fit. Vans, CNC, refrigeration, print and agricultural kit are the ordinary book.
The asset is the primary security. That is why the rate sits inside the wider loan book, and why a younger business can still be considered.
Suited to
- Vans and light commercial
- Production machinery
- Agricultural equipment
Outside the line
- Personal vehicles for owners as the whole purpose
- Assets with no resale market
Questions we are asked
Can I choose the supplier?
Yes. We fund from your invoice. We are not a dealer.
ALSO ON THE DESK
- Invoice financeRelease the cash sitting in unpaid invoices and keep trading while customers take their terms.
- Working capital loansSmooth a short gap in cash without pledging the whole of the business.
- Sales tax loansSpread a sales-tax quarter over three to twelve months so the bill does not empty the account.