Asset Finance
Fund essential assets without losing sight of cash flow.
Asset finance may help businesses acquire or refinance equipment, vehicles or machinery while spreading cost over time.
Common uses
- Vehicles
- Plant and machinery
- Technology or equipment
- Asset refinance
Who it may suit
- Operators replacing equipment
- Growing businesses
- Capital-intensive sectors
Information lenders may ask for
- Asset details
- Supplier quote
- Accounts
- Bank statements
- Business profile
Important considerations
- The asset type and age can affect lender appetite
- Ownership position depends on the facility type
- Insurance and maintenance responsibilities should be understood
How Clear Route supports the process.
Structures may include hire purchase, leasing or refinance depending on the asset and lender approach.
- 01Confirm the asset and commercial purpose
- 02Review deposit, VAT and repayment considerations
- 03Identify suitable asset lenders
- 04Compare terms and conditions
Questions about asset finance
Some lenders consider used assets, subject to age, condition, value and the wider business case.
Related routes
Discuss asset finance with a funding specialist.
You do not need to know the name of the finance product before getting in touch.