Equipment Finance for UK Businesses

Summary: If your business needs new or used machinery, commercial vehicles, IT hardware, medical or catering equipment, Fast Business Loans will match you—quickly and free of charge—with brokers and lenders who specialise in equipment finance from £10,000 upwards. Completing our enquiry is not an application; it’s a short, no-obligation way to compare options and see who can help. Ready to proceed? Get a Free Eligibility Check now.

Why use Fast Business Loans for equipment finance?

Specialist equipment funding can be complex and lenders vary widely by asset type, industry and credit profile. Fast Business Loans simplifies that search by matching your business to brokers and lenders with the right expertise.

• Save time: we shortlist suitable providers so you don’t have to contact dozens of lenders.
• Better matches: we connect you to partners who understand your sector and asset type.
• Free & no obligation: our enquiry is free for businesses and does not commit you to anything.
• Discreet & fast: your enquiry won’t affect your credit score and most respondents contact you quickly.

If you already know you need equipment funding, start with a Free Eligibility Check to get matched fast: Get Quote Now.

What is equipment finance?

Equipment finance is the umbrella term for funding that helps businesses acquire or refinance tangible assets used to trade. Rather than tying up cash, you can spread the cost via lending or leasing, keeping working capital available for daily operations.

For a deeper guide to different structures and when they suit a business, read our detailed equipment finance pillar on equipment finance solutions.

Types of equipment & common uses

Typical assets financed include:

• Construction plant and machinery (excavators, asphalt pavers).
• Manufacturing equipment (CNC machines, production lines).
• Commercial vehicles and fleet (vans, HGVs, refrigerated trucks).
• IT hardware and software deployments (servers, POS systems).
• Medical and dental equipment (scanners, sterilisation units).
• Catering and hospitality equipment (ovens, fridges, fixtures).

How our enquiry process works

We’ve designed the process to be fast and transparent. Your enquiry is just that — information we use to match you with relevant lenders or brokers.

1. Share a few details: complete a short online enquiry (takes under 2 minutes).
2. We match you: we select lenders and brokers suited to your asset, industry and funding need.
3. Receive contact: matched partners contact you with options and next steps.
4. Compare and decide: review offers and choose the solution that suits your business; proceed directly with the lender or broker who contacted you.

Start your enquiry now — it won’t affect your credit score: Free Eligibility Check.

Finance options we can introduce

Depending on your needs and the asset type, we can introduce lenders and brokers offering:

Hire Purchase & Finance Lease

Installment-based structures that let you own (hire purchase) or treat the asset as a financed purchase (finance lease) after repayments. Useful when you want eventual ownership.

Operating Lease & Short-Term Rentals

Leasing where the asset is returned at term end — ideal for technology or vehicles that you prefer to upgrade regularly and want off-balance-sheet flexibility.

Asset Refinance & Sale-and-Leaseback

Unlock cash tied up in owned equipment by refinancing or selling the asset to a funder and leasing it back — a common route to improve working capital.

Typical eligibility & documentation

Requirements vary by lender, but common information brokers and lenders ask for includes:

• Company details (registered name, address, company number).
• Recent management accounts or bank statements.
• Details of the asset (make, model, age, price) and supplier invoice where available.
• Director ID and contact details.
• Information on existing finance or encumbrances if refinancing.

Most partners consider trading history, turnover and the asset’s resale value. Fast Business Loans will match you to partners who typically handle businesses seeking finance from £10,000 upwards.

Need help preparing documents? Complete our quick form and we’ll connect you to a broker who can advise: Get Quote Now.

Sector snapshots: who uses equipment finance?

Equipment finance is used across many industries. Below are common examples.

Manufacturing & Engineering

• Funding for production lines, CNCs, presses and automation equipment.

Construction & Trades

• Plant machinery, diggers, concrete mixers and site vehicles.

Hospitality, Healthcare & Services

• Kitchen equipment, commercial laundry, diagnostics and patient care apparatus.

Agriculture, Food & Logistics

• Tractors, packing lines, cold storage and delivery vans.

Wherever specialised assets are required, we can typically find a lender or broker with sector experience. To see if there’s a match for your industry, complete a Free Eligibility Check: Get Quote Now.

Costs, rates & repayment considerations

Rates depend on multiple factors: asset type and age, deposit amount, loan length, your company’s credit profile and the lender’s pricing model. Key points to consider:

• New assets typically attract lower rates than used assets.
• Longer terms reduce monthly cost but may increase total interest paid.
• Deposits or trade-in values can lower finance required.
• Balloon payments or residual values can reduce monthly outlay but leave a lump sum at term end.

Ask prospective brokers about early settlement charges, maintenance responsibilities under leases and how VAT is treated. If you want tailored cost estimates, submit a short enquiry and we’ll match you to partners who can provide quotes: Free Eligibility Check.

Fast Business Loans vs going direct

Why use an introducer?

• Time saved: we narrow the market to lenders and brokers who are likely to help.
• Access: some niche lenders work primarily via brokers.
• Choice: comparing multiple offers increases the chance of a competitive package.
• No extra cost: our matching service is free for businesses.

Still want to contact lenders directly? You can — but many business owners find matching via Fast Business Loans quicker and more targeted. Start now: Get Quote Now.

Customer stories (illustrative)

These examples are illustrative only and outcomes vary. See if we can find options for your business: Free Eligibility Check.

Start your equipment finance enquiry

Ready to explore your options? Our short enquiry takes under 2 minutes and does not affect your credit score. We’ll use your details to connect you with lenders and brokers best placed to help. Complete the form to receive tailored outreach and quotes.

Get Quote Now — Start Your Free Equipment Finance Enquiry

FAQs on equipment finance

Is equipment finance suitable for used kit?

Yes. Many funders specialise in used equipment. Age and condition will influence available terms and rates.

Will applying affect my business credit score?

No. Submitting an enquiry via Fast Business Loans is not an application and does not trigger a credit check. Lenders or brokers may carry out checks only if you decide to proceed.

How quickly can I get funded?

Often within days for straightforward hire purchase or lease deals; more complex finance (large assets, refinancing) can take longer depending on valuations and paperwork.

Do you provide financial advice?

No. Fast Business Loans is an introducer. Matched brokers or lenders will provide product details and next steps. We recommend you consider independent advice if you need regulated financial guidance.

Can I apply for less than £10,000?

Our typical matches start at around £10,000. If you need a smaller amount, please check other specialist providers.

For personalised options, complete a quick enquiry: Free Eligibility Check.

Important information & disclaimers

• Fast Business Loans is an introducer and does not lend or provide regulated financial advice.
• Submitting an enquiry is not an application and does not guarantee approval.
• All finance is subject to status, affordability and terms set by the lender or broker you deal with directly.
• Fast Business Loans receives fees or commissions from brokers or lenders when finance completes; our service is free to business users.

If you’re ready to compare equipment finance options from providers who match your needs, start the quick enquiry now and we’ll put you in touch: Get Quote Now.

Want to read a detailed guide on asset-specific funding choices? See our in-depth equipment finance resource for more information: equipment finance.

– What is equipment finance? Equipment finance lets UK businesses buy, lease or refinance machinery, vehicles, IT and other assets via options like hire purchase, finance or operating leases, and asset refinance.
– What types of equipment can I finance? Commonly financed assets include construction plant, manufacturing machinery, commercial vehicles, IT systems, medical and dental devices, and catering or hospitality equipment.
– Can I finance used equipment or vehicles? Yes—many lenders fund used assets, with age and condition influencing the available terms and rates.
– What funding amounts and terms are available? Fast Business Loans matches UK businesses seeking equipment finance from £10,000 upwards, with terms and structures set by the lender based on your asset and profile.
– How quickly will I hear back and when could funds be released? After a free, no‑obligation enquiry, matched brokers or lenders typically respond within hours and straightforward deals can fund in days.
– Does completing the enquiry affect my credit score? No—the enquiry isn’t an application and won’t affect your credit score, and any credit checks occur only if you choose to proceed with a lender.
– What documents will lenders usually ask for? Expect to provide company details, recent accounts or bank statements, asset information and supplier invoice, director ID, and details of any existing finance if refinancing.
– Do you help start-ups or businesses with imperfect credit? Yes—our panel includes brokers and lenders who consider start-ups and weaker credit profiles, though pricing and requirements may vary.
– Can I refinance equipment I already own or arrange a sale-and-leaseback? Yes—asset refinance and sale‑and‑leaseback can release working capital by leveraging equipment you already own.
– Is Fast Business Loans a lender and does it cost to use your service? We’re an introducer, not a lender, and our matching service is free for businesses (we may receive a commission from partners when finance completes).