Asset Finance: Compare Trusted UK Lenders with Fast Business Loans

Fast Business Loans connects UK companies requiring £10,000+ with brokers and lenders that specialise in funding assets such as vehicles, machinery and technology. Our matching service is free, quick and obligation-free — submitting an enquiry is not an application and will not affect your credit score. We simply introduce you to the providers best placed to help.

• Fast matching to lenders and brokers who understand your industry
• No obligation to proceed — confidential, free enquiry
• Typical responses the same business day during office hours

Get Started – Free Eligibility Check

Summary: Asset finance helps businesses buy or lease tangible assets without large upfront cash outlays. Fast Business Loans introduces businesses (minimum funding needs from £10,000) to brokers and lenders who can provide hire purchase, leasing, sale & leaseback and refinance options. Complete a short, free enquiry and we’ll match you to partners who can quote — it’s not an application, and there’s no obligation to proceed.

What Is Asset Finance?

Asset finance is a group of funding solutions that allow businesses to acquire or refinance tangible assets — for example, plant and machinery, commercial vehicles, IT hardware, catering equipment or medical devices — without paying the full purchase price up front.

Unlike a conventional bank loan, asset finance links the funding to the asset itself, which can mean flexible payment terms and options to own, return or upgrade at the end of the agreement. Options vary by lender and product so it’s important to check terms before committing. Fast Business Loans introduces you to lenders and brokers who explain the specifics for your situation.

How Asset Finance Works through Fast Business Loans

1. Submit a short enquiry: Tell us about your business and the asset you want to fund (takes 2 minutes). This is not an application and will not affect your credit score.
2. We match you: We send your details to selected brokers and lenders who specialise in your asset type and sector.
3. Discuss & decide: A matched provider will contact you with options and indicative costs so you can compare and choose.

Start Your Asset Finance Enquiry

Step-by-Step Funding Journey

Once you’ve been matched, the typical stages are:

• Evaluation: The lender/broker reviews your business details and asset specification.
• Documentation: You provide quotes, accounts and ID; the lender may request valuation or inspection of the asset.
• Approval: Subject to underwriting, an offer or indicative quote is issued.
• Drawdown: Once paperwork is signed, funds are released or the supplier is paid directly and the asset is delivered.

Preparing accurate asset details and supplier quotes speeds the process — have the make, model, age (if used) and vendor cost ready.

Asset Finance Options We Can Introduce

We work with brokers and lenders who provide a wide range of structures. Below is a quick guide — your matched partner will explain which is best for your needs.

Hire Purchase

A structured agreement where you pay staged instalments. Ownership typically passes to you after the final payment. Often used for vehicles and machinery where ownership is desired.

Finance Lease

The lender owns the asset and you pay to use it for a fixed term. At the end there may be options to extend the lease, return the asset or (rarely) buy it for a pre-agreed sum.

Operating Lease

Shorter-term leasing where the asset is returned to the lessor at the end of the term. Useful for technology or vehicles you plan to refresh regularly.

Asset Refinance

Release working capital by refinancing assets you already own. This can repay higher-cost debt or improve cashflow without selling the asset.

Sale & Leaseback

Sell an owned asset to a funder and lease it back to free cash immediately while retaining use of the equipment.

Seasonal / VAT-deferral & Payment Profiles

Some lenders offer seasonal payment schedules or VAT deferral arrangements to match your cashflow patterns — discuss needs when you enquire.

asset finance providers vary in appetite — completing a quick enquiry helps us match you to the most suitable panel members.

Compare Asset Finance Structures – Get a Quote

Who Asset Finance Can Help

Asset finance is widely used across sectors. Our partners commonly fund businesses in:

We support start-ups, SMEs and established companies needing funding from £10,000 and up. Fast Business Loans introduces you to providers with sector experience so you don’t waste time explaining your trade.

Eligibility Snapshot

Typical lender considerations include trading history, turnover, credit profile, asset type and supplier. While criteria differ between providers, common expectations are:

• UK limited company or comparable trading entity
• Minimum funding requirement usually from £10,000 upwards
• Asset details and supplier quotes
• Basic management accounts or recent bank statements for larger deals

Even if you’ve been declined before, our wider panel may still have options. Enquire to find out — the enquiry does not affect your credit file.

Check Eligibility in 2 Minutes

Costs, Rates & Terms Explained

Costs depend on product type, asset age, loan term, credit history and deposit. Indicative factors to bear in mind:

• Representative APRs can vary widely — from competitive market rates for new assets to higher costs for older equipment or shorter terms.
• Deposits: some products offer up to 100% financing; others expect 5–20% depending on the risk profile.
• Term lengths: vehicle finance often runs 24–60 months; plant and machinery can run longer depending on useful economic life.

Fast Business Loans does not charge fees for introductions. Partner lenders and brokers may have arrangement or documentation fees — confirm these before you sign.

Why Choose Fast Business Loans for Asset Finance?

We’re the bridge between your business and specialist lenders and brokers. Our service is designed to save you time and increase the chances of receiving suitable options.

• Vetted panel of lenders and brokers with sector experience
• Quick matching — responses often within business hours
• No obligation — you choose whether to proceed
• Enquiries do not impact your credit score

Talk to Asset Finance Specialists Today

Documents & Information to Prepare

Having these ready speeds the process:

• Asset quote or supplier invoice
• Latest management accounts or company accounts
• Recent business bank statements
• Summary of existing finance (if any)
• Proof of identity for directors and authorised signatories

Responsible Borrowing & Compliance

Borrow only what you can afford to repay. Read any lender agreement carefully and ask questions about total cost, early repayment charges and end-of-term options. Fast Business Loans introduces you to providers but does not give regulated financial or legal advice — consider independent advice if unsure.

How to Get Started

Getting matched is quick:

1. Complete our short enquiry (under 2 minutes).
2. We match and share with relevant partners.
3. A broker or lender will contact you with options so you can compare and decide.

Start Your No-Obligation Asset Finance Enquiry

Asset Finance FAQs

How quickly can asset finance be approved?

Response times vary. After you submit a free enquiry, partners often respond within hours during business days. Straightforward applications can be approved in a few days; complex deals or large sums may take longer depending on valuations, terms and credit checks.

Can I finance used equipment?

Yes. Many lenders fund used machinery and vehicles provided they meet age, condition and valuation requirements. Include details (age, hours, maintenance history) in your enquiry to help match you to suitable providers.

Do I need a deposit?

Some agreements require a deposit (commonly 5–20%), while other products may offer 100% funding. Deposit requirements depend on lender policy, asset type and company profile — your broker will confirm available options.

Will enquiring affect my credit score?

No. Submitting an enquiry through Fast Business Loans does not affect your credit file. Lenders will only carry out formal credit searches if you agree to proceed with an application, and they will inform you in advance.

What happens at the end of a lease?

End-of-term options depend on the product: hire purchase typically transfers ownership after the final payment; finance leases often offer options to extend, return or upgrade. Always check the agreement’s end-of-term terms before signing.

Is my data secure?

Your enquiry details are shared only with selected lenders and brokers who can help with your request. We treat data confidentially and advise you review our privacy information for full details.

Helpful Resources & Next Steps

• British Business Bank — impartial guidance on business finance.
• UK Finance — industry information about commercial lending.

If you’re ready to compare quotes from lenders and brokers tailored to your business and asset, complete our short enquiry now — it’s free and carries no obligation.

Get Your Asset Finance Options – Free Enquiry

Disclaimer: Fast Business Loans is an introducer and does not lend money or provide regulated financial advice. Eligibility, rates and terms depend on the lender or broker you select. Submitting an enquiry is free and not an application. Ensure any funding solution is affordable for your business and seek independent advice where needed.

– What is asset finance and how does it work?
Asset finance lets UK businesses acquire or refinance equipment, vehicles and machinery by spreading payments via hire purchase, leasing, refinance or sale & leaseback, with funding secured against the asset.

– How does Fast Business Loans help me secure asset finance?
Complete a free, two‑minute enquiry and we’ll match you with trusted UK lenders and brokers suited to your asset and sector — it’s not an application and there’s no obligation.

– How quickly can I get a decision or funding?
Partners often respond the same business day and straightforward cases can be approved in a few days, subject to underwriting, valuations and paperwork.

– Will submitting an enquiry affect my credit score?
No — submitting an enquiry through Fast Business Loans won’t impact your credit file; credit checks only occur if you choose to proceed with a lender.

– What’s the minimum amount I can finance?
Our panel typically supports asset finance from £10,000 upwards, with higher amounts available depending on the asset and your profile.

– Can I finance used equipment or vehicles?
Yes, many lenders fund quality used assets subject to age, condition and valuation, so include full details in your enquiry.

– Do I need a deposit?
Some products offer up to 100% finance while others require a 5–20% deposit, depending on the asset, term and credit profile.

– What rates, fees and terms should I expect?
Rates vary by product, asset age and risk; terms often run 24–60 months (longer for plant), Fast Business Loans charges no introduction fees, and lenders/brokers may apply arrangement or documentation fees — confirm before signing.

– Who is eligible for asset finance?
UK limited companies and comparable trading entities — including start-ups and SMEs — can seek £10,000+ and may still be matched even if previously declined elsewhere.

– What information and documents will lenders ask for?
Typically you’ll need an asset quote or supplier invoice, make/model/age details, recent accounts or bank statements, and ID for directors.