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Director of Merricks Media Ltd
asset finance

Asset Finance

Asset finance refers to facilities that allow you to fund the purchase of new equipment, or raise finance against equipment you already own.

Asset finance has two main forms – Hire Purchase and Leasing, both of which offer flexible facilities to allow your business to spread the cost of acquiring new assets over a number of years.

There are many assets that are suitable for funding via an asset finance facility, including

  • Cars
  • Commercial Vehicles
  • Printing Machinery
  • CNC machinery
  • Production Lines

With an asset finance facility you will usually pay an initial deposit, with the remainder of the balance and interest paid over a pre-determined period of time, ranging from 1-6 years, easing the demands on your cashflow

The asset financed is usually the only security required, allowing you to maximise the value of the funding against your assets, or reducing the level of additional security you need to pledge to some lenders

Our business is all about searching out the right funding solutions for you. We can find finance for virtually any business asset ranging from £25k to £10m, adding value to help you build your business.

So Asset Finance gives you

  • High levels of funding
  • Flexibility
  • Spread the cost of acquiring new assets over their useful life
  • Finance secured on the asset, normally removing the need for additional security
  • Ability to raise funds against assets you already own

 

What next? To be one step closer to getting the finance you need

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Ring us on 0330 999 3 777 to arrange a free consultation