Equipment Finance for UK Businesses – Find the Right Fit Fast

Summary: Equipment finance helps UK businesses buy, lease or refinance machinery, vehicles, IT and specialist kit without a large cash outlay. Fast Business Loans does not lend money — we match limited companies and growing SMEs to lenders and brokers who can arrange funding from £10,000 upwards. Use our simple enquiry to get tailored quotes and a free eligibility check so you can compare options quickly and without obligation. Get Quote Now.

Why equipment finance matters for growing businesses

Buying equipment outright can tie up cash, limiting working capital and slowing growth. Spreading costs across predictable repayments preserves cash flow while enabling investment in productivity-enhancing kit.

Benefits at a glance:

• Preserve working capital and manage cashflow
• Access newer or higher-spec kit without large upfront cost
• Potential tax or VAT planning benefits depending on the structure
• Flexible options for new, used or refurbished assets

Whether you need a small fleet upgrade or specialist manufacturing machinery, financing can accelerate growth while keeping your balance sheet manageable. Free Eligibility Check.

How Fast Business Loans connects you to the right equipment finance partner

We act as an introducer: tell us what you need and we match you to lenders or brokers who specialise in your sector and asset type.

How the process works (fast)

1. Complete a short enquiry (under 2 minutes).
2. We match your request to suitable lenders and brokers.
3. Selected partners contact you with tailored quotes and next steps.
4. You compare offers and proceed directly with the provider you choose.

Submitting an enquiry is free and does not commit you to proceed. Your details are only shared with partners we judge appropriate for your needs. Get Quote Now.

Equipment finance options you can explore

Different finance products suit different goals — ownership, flexibility, tax position and balance sheet treatment all influence the best choice.

Quick product notes

Hire Purchase: Usually a deposit + fixed repayments; you typically own the asset at the end once the final payment is made.

Finance Lease: Rental payments for a fixed term; ownership usually remains with the funder unless there’s a purchase option.

Operating Lease: Often used for fleets and can be simpler to replace at term end.

Asset Refinance: Ideal when owned assets can be unlocked to improve liquidity.

If you’re considering specific equipment, see our detailed guide on equipment finance to learn more about options and outcomes.

Typical equipment we help finance

We commonly match businesses seeking finance for:

• Manufacturing machinery and production lines
• Construction plant and heavy equipment
• Commercial kitchens and hospitality fit-out kit
• Medical and dental equipment
• IT systems, servers and telecoms
• Electric vehicle fleets and charging infrastructure
• Specialist vehicles and transport fleets

We support funding for new, used and refurbished equipment. Illustrative scenario: a manufacturing firm replaced ageing presses using a mix of hire purchase and short-term refinance to preserve working capital (illustrative only). Tell Us What Equipment You Need.

Who we can support

We help limited companies and growing SMEs across many sectors — from construction and hospitality to healthcare and engineering. Our panel includes partners experienced in industry-specific asset finance and those able to consider a range of credit profiles.

If your business needs at least £10,000 of funding for equipment, we can usually find brokers or lenders to assess your enquiry. Find an Equipment Finance Specialist.

What lenders look for

Preparing the right information speeds up decisions. Typical documents and details lenders request include:

• Basic company details and contact information
• Trading history and recent management accounts
• Details and supplier quotes for the equipment
• Deposit level and desired term
• Information on existing debt and security offered

Ways to strengthen your position: provide clear cashflow forecasts, maintenance schedules for equipment, and supplier invoices or quotes. Free Eligibility Check.

Costs, terms and considerations

Terms vary by product and lender. Typical features to expect:

• Term lengths from 12 months to 7+ years depending on the asset life
• Deposit requirements typically 0–30% (varies by lender and asset)
• Rates and fees depend on asset type, borrower credit, deposit and lender policy
• Some products may require security over the asset; some lenders may request guarantees depending on circumstances

We present multiple options so you can balance cashflow, total cost and ownership. All offers are subject to the lender’s checks, terms and conditions. See Your Indicative Options.

Step-by-step: Start your enquiry today

1. Click “Get Quote Now” and complete the short form — it takes under 2 minutes.
2. We match your enquiry to suitable lenders and brokers.
3. Expect contact from partners by phone or email to discuss quotes.
4. Compare offers and proceed with the lender you choose. Completing the form does not affect your credit score.

Get Started — Free Eligibility Check

Common questions about equipment finance

What is equipment finance and how is it different from asset finance?

Equipment finance is a type of asset finance focused specifically on machinery, vehicles, IT and specialist kit. Functionally the terms are often used interchangeably, though lenders may classify products differently depending on structures such as hire purchase, lease or refinance.

Will enquiring affect my credit score?

No — an initial enquiry through Fast Business Loans does not impact your credit file. If you decide to proceed, the chosen lender may carry out a credit check as part of their assessment.

Do you arrange funding for used equipment?

Yes — many lenders and brokers provide finance for used or refurbished assets, though terms can differ compared to new equipment, and valuation or condition checks may be required.

How quickly can funding be arranged?

Speed depends on the lender and asset complexity. Brokers often provide quotes within hours and can turn around documentation and funding within days when paperwork and valuations are straightforward.

Is there a minimum or maximum amount?

We typically work with funding requests from £10,000 upwards. Maximums depend on the lender and asset; some partners can arrange multi-million pound facilities for large projects.

Still have questions? Request a Free Eligibility Check and a specialist will be in touch.

Important information & disclaimers

Fast Business Loans is an introducer that helps match businesses with lenders and brokers. We do not lend money or provide regulated financial advice. All finance is provided directly by third-party lenders or brokers and is subject to their terms, status checks and acceptance criteria.

Please consider independent professional advice if you are unsure which option is best for your circumstances. Submitting an enquiry authorises Fast Business Loans to share the details you provide with selected partners who may contact you to discuss quotes and next steps. Your data is handled securely in line with our Privacy Policy.

Ready to move forward? Get tailored equipment finance quotes from lenders and brokers who specialise in business assets. Get Quote Now — it’s quick, free and no obligation.

– What is equipment finance for UK businesses?
Equipment finance lets your company spread the cost of machinery, vehicles, IT or specialist kit via hire purchase, finance lease, operating lease or asset refinance instead of paying upfront.

– Is the enquiry a loan application?
No — it’s a quick, no‑obligation matching step where Fast Business Loans introduces you to suitable UK lenders and brokers based on your details.

– Does submitting an enquiry affect my credit score?
No — our free eligibility check doesn’t impact your credit file; credit searches only happen if you choose to proceed with a lender.

– How much can I borrow for equipment finance?
Our partners typically fund from around £10,000 upwards, with maximums depending on the asset, sector and lender.

– How quickly can equipment finance be arranged?
You’ll usually receive quotes within hours during business times, and funding can complete in days when paperwork and valuations are straightforward.

– Can I finance used or refurbished equipment?
Yes — many lenders will fund used or refurbished assets, though terms and any valuation/condition checks may differ from new equipment.

– Do I need a deposit and what terms are typical?
Deposits are typically 0–30% with terms from 12 months to 7+ years, depending on asset type, product and lender policy.

– Will I own the equipment at the end of the agreement?
With hire purchase you usually own the asset after the final payment, while with leases ownership typically stays with the funder unless there’s a purchase option.

– What information will lenders ask for to assess eligibility?
Expect to provide company details, recent accounts, supplier quotes for the equipment, your desired term and deposit, plus information on existing debt and any security.

– Does it cost anything to use Fast Business Loans?
No — our service is free to use, and there’s no obligation to proceed after you receive tailored equipment finance quotes.