Fast Equipment Finance for UK Businesses

Summary: Fast Business Loans helps UK limited companies and SMEs access equipment finance from £10,000 upwards by matching you with vetted lenders and brokers. Complete a short, no‑obligation enquiry (it’s not a loan application) and get matched with providers who can offer hire purchase, leasing, asset refinance and other equipment funding options. Enquiry does not impact your credit score. Start your Free Eligibility Check.

What is equipment finance?

Equipment finance lets businesses acquire the tools, vehicles or machinery they need without paying the full purchase price up front. It covers new and used assets across sectors — from construction plant to kitchen kit, medical scanners to IT hardware. Typical structures include hire purchase, finance lease, operating lease and asset refinance.

How Fast Business Loans helps you secure equipment finance

We’re a specialist introducer — we don’t lend. Our role is to match your business with the lenders and brokers most likely to offer suitable equipment finance.

1. Complete a short enquiry form (under 2 minutes).
2. We match you to a panel of vetted lenders and brokers who know your sector.
3. Providers contact you to discuss quotations and documentation.
4. You compare offers, choose a provider and proceed — no obligation to accept.

Get Started — Free Eligibility Check

Types of equipment we can help you finance

We work with partners experienced across many asset types. Common examples:

• Construction & plant machinery — excavators, diggers, rollers (typical terms 24–72 months).
• Manufacturing & production lines — CNC machines, presses (terms 36–84 months).
• Commercial vehicles & fleets — vans, HGVs (terms 24–60 months).
• IT & technology — servers, laptops, telecoms (shorter terms 12–36 months).
• Catering & hospitality — ovens, refrigeration, bar fit-outs.
• Medical & healthcare devices — scanners, diagnostic kits.
• Agricultural machinery — tractors, harvesters.

Popular equipment finance structures explained

Hire Purchase

Pay an initial deposit then monthly instalments. Ownership typically transfers after the final payment. Suitable when you want to own the asset.

Finance Lease

The lessor retains title; you pay rentals covering most of the asset’s useful life. Options to purchase at the end are typically available.

Operating Lease / Rental

Shorter-term rental where the asset remains off-balance sheet for some businesses. Useful for rapidly obsolete equipment or short-term needs.

Asset Refinance

Unlock capital by refinancing equipment you already own to fund new purchases or working capital.

Typical eligibility & what lenders look for

While each lender has its own criteria, common requirements include:

• UK-registered limited company or trading entity (loans from £10,000 upwards).
• Trading history and turnover suitable for loan size.
• Recent bank statements and management accounts.
• Details of the equipment, supplier quotes or invoices.
• Credit checks and sometimes director guarantees for higher sums or weaker credit profiles.

Free Eligibility Check — Get Quote Now

Rates, terms & repayment insights

Terms typically range 12–84 months depending on asset type, age and borrower profile. Rates vary by lender and are provided as tailored quotes by brokers. Typical considerations:

• Deposit or initial rental may be required.
• Seasonal or stepped repayments can be arranged for some businesses.
• Early settlement or refinance options are usually available but check fees.

Benefits of using Fast Business Loans for equipment finance

• Save time — one short enquiry connects you to multiple relevant providers.
• Higher chance of a suitable match — our panel includes specialists by sector.
• No fee to businesses for our matching service; no obligation to proceed.
• Enquiry stage doesn’t affect your credit score.
• Support from real finance professionals after matching.

Get Matched — Start Your Free Eligibility Check

Industry-specific scenarios

Here are a few examples showing how equipment finance is commonly used:

• Construction: Upgrade excavators without tying up cash; hire purchase or refinancing helps manage project cashflow.
• Hospitality: Fit-out a commercial kitchen using hire purchase or leasing with seasonal repayment options.
• Manufacturing: Add CNC machines via finance that matches production timelines and depreciation.
• Healthcare: Acquire diagnostic equipment through tailored leasing with service and upgrade options.

For sector-specific guidance you can also learn more about specialist options like equipment finance from our resource pages.

Tips to strengthen your equipment finance application

• Prepare the last 3–6 months of business bank statements and recent management accounts.
• Obtain supplier quotes and full equipment specifications.
• Check director credit reports and correct any errors beforehand.
• Consider a modest deposit to reduce rate and improve approval chances.
• Be ready to show how the equipment benefits cashflow or increases profitability.

Fast track vs traditional route

Responsible borrowing & transparency

We follow clear, fair communications. Fast Business Loans introduces you to lenders and brokers — we do not give regulated financial advice. Always review lender terms carefully and consider independent professional advice if you are unsure about affordability or tax treatment.

Ready to move forward?

Submit a short, secure enquiry and get matched with equipment finance experts who can provide quotes and next steps. The enquiry is not a loan application and does not affect your credit score.

• It takes less than 2 minutes to complete.
• Matched providers typically contact you within hours.
• No obligation to proceed.

Start Your Free Eligibility Check — Get Quote Now

FAQs

Who owns the equipment during finance?

It depends on the product. Hire purchase normally transfers ownership after the final payment. Leasing keeps ownership with the lessor during the term; purchase or upgrade options vary by agreement.

Can start-ups and growing SMEs access equipment finance?

Yes. Many lenders and brokers specialise in funding newer businesses. They will typically ask for a clear business plan, forecasts and may require director guarantees for larger sums. We’ll match you to partners experienced in start-up funding.

How quickly can funding be arranged?

After the initial match, many brokers can provide indicative quotes within hours. Formal approval and funding timing depend on lender due diligence and documentation; expect a few days to several weeks based on complexity.

Will applying affect my credit score?

Submitting a Fast Business Loans enquiry does not affect your credit score. Lenders may conduct credit searches if you progress with a specific offer and will inform you before doing so.

What if the equipment becomes obsolete?

Consider lease or rental options if obsolescence is a concern. Some agreements include upgrade paths. Discuss lifecycle and exit options with any lender before signing.

Can I settle early or refinance later?

Most funders allow early settlement or refinancing but fees may apply. Always check the terms with the lender or broker you choose.

Final note

Fast Business Loans makes it quicker and easier to find the right equipment funding partner for your business. We introduce you to lenders and brokers who understand your sector and can deliver tailored quotes. There’s no fee to enquire and no obligation to proceed. Get Started — Free Eligibility Check.

Fast Business Loans is an introducer, not a lender. Terms, rates and lending criteria are set by the finance provider you choose. Always assess affordability and consider professional advice where appropriate.

– What is equipment finance and how does it work?
Equipment finance lets UK businesses acquire new or used assets and spread the cost via hire purchase, leasing or asset refinance with fixed repayments aligned to the asset’s useful life.

– Is my enquiry a loan application and will it affect my credit score?
No—your enquiry is not a loan application and won’t affect your credit score; any credit checks happen later with your consent if you choose to proceed.

– How quickly can I arrange equipment finance?
You’ll typically be contacted within hours after submitting the enquiry, with indicative quotes soon after and funding in days to weeks depending on your documents and the lender.

– What types of equipment can you help finance?
We match funding for construction plant and machinery, commercial vehicles and fleets, IT and technology, catering and hospitality kit, medical devices, and agricultural equipment.

– How much can I finance and what terms are available?
Equipment finance is usually available from £10,000 with typical terms of 12–84 months, subject to asset type, age and your business profile.

– Who owns the equipment during finance?
With hire purchase you usually own the asset after the final payment, while under most leases the lessor owns it during the term with purchase or upgrade options at the end.

– Do you support start-ups or businesses with weaker credit?
Yes—many partners specialise in start-ups and non-perfect credit, though they may request stronger documentation, a deposit or director guarantees.

– What documents will lenders ask for?
Expect recent bank statements and management accounts, full equipment details and supplier quotes/invoices, plus ID and any guarantees requested for larger sums.

– How are rates, deposits and VAT handled?
Rates are tailored by the lender, deposits or initial rentals may be required, and VAT treatment varies by structure (e.g., VAT on rentals for leases)—seek accountant advice.

– Is there a fee to use Fast Business Loans?
No—the service is free to use because we’re an introducer (not a lender) and there’s no obligation to proceed with any offer.