Asset Finance for UK Businesses

If you’re looking to acquire vehicles, machinery or equipment while protecting cash flow, asset finance can help you spread the cost with fixed, predictable payments. Fast Business Loans connects UK limited companies, LLPs and partnerships to trusted brokers and lenders who specialise in asset finance, so you can compare options quickly and receive a tailored quote without the legwork.

• Free to use and no obligation to proceed
• Minimum finance amount: £10,000+
• Submitting an enquiry won’t affect your credit score; partners may run checks if you choose to proceed
• Sector specialists across construction, manufacturing, logistics, healthcare, hospitality, agriculture and more

Get Started – Free Eligibility Check

What is Asset Finance?

Asset finance lets your business acquire or refinance tangible assets—such as vehicles, plant, machinery, IT or catering equipment—by spreading the cost over fixed, regular payments. Depending on the structure, you can:

• Own the asset at the end (for example, hire purchase), or
• Use the asset for a set term (for example, lease), or
• Release cash tied up in assets you already own (refinance)

Because the asset is usually the primary security, decisions can be quicker than some alternatives and agreements can be tailored to your cash flow.

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How Asset Finance Works

1. Choose the asset and supplier
   Obtain a quote or pro‑forma invoice (new or used, dealer or private—subject to checks).
2. Complete a quick enquiry
   Tell us a few details about your business and the asset. It typically takes less than 2 minutes to get started.
3. Matching with experts
   We connect you with suitable UK brokers/lenders who specialise in your sector and asset type.
4. Indicative terms
   Expect an initial view of amount, term and structure tailored to your profile.
5. Approval and documentation
   If you wish to proceed, the lender completes underwriting and issues documents.
6. Supplier paid, asset delivered
   On completion, the supplier is paid and you make the agreed repayments.

Timelines vary by case. Straightforward applications can often be turned around quickly once documents are supplied.

Start Your Enquiry – No Obligation

Types of Asset Finance (Choose the structure that fits)

Hire Purchase (HP)

• What it is: Acquire the asset and spread the cost over a fixed term. Ownership typically transfers after the final payment (plus any option‑to‑purchase fee).
• Good for: Businesses wanting to own vehicles, plant or machinery.
• Cash flow options: Deposits and balloon payments can lower monthly costs.
• Tax/VAT: Treatment depends on your structure and circumstances. Seek professional advice.

Finance Lease

• What it is: Rent the asset for most of its useful life. At term end you can extend, return, or sell on behalf of the funder (sharing sale proceeds per agreement).
• Good for: Equipment with predictable use and residual value.
• Cash flow options: Typically low initial outlay; VAT generally spread on rentals.

Operating Lease

• What it is: Use the asset for a shorter period than its full useful life, typically returning it at the end.
• Good for: Assets where you want regular upgrades and refreshed kit.

Asset Refinance

• What it is: Release equity tied up in assets you already own. The lender takes security and you repay over time.
• Good for: Improving cash flow or consolidating asset‑related borrowing.

Sale and HP/Lease Back

• What it is: Sell your owned asset to a finance company and buy it back on HP or lease it. Unlock cash while keeping the asset in use.

Balloon/Final Payment Options (Common in vehicle finance)

• What it is: Lower monthly outgoings by deferring an agreed sum to the end. You can settle, refinance, or part‑exchange subject to the agreement and asset value.

Important: Structures, VAT and accounting treatment vary. Always seek professional advice from your accountant on tax and accounting implications.

Free Eligibility Check – See Your Options

What Assets Can You Finance?

• Vehicles: Vans, HGVs, trailers, coaches, company cars, EVs, specialist vehicles
• Plant and Machinery: Excavators, loaders, cranes, access platforms, compactors
• Manufacturing and Engineering: CNC machines, lathes, presses, production lines
• Agriculture: Tractors, harvesters, telehandlers, irrigation, attachments
• IT and Technology: Servers, laptops, networking, selected software packages
• Healthcare: Imaging, diagnostics, dental chairs, sterilisation, lab equipment
• Hospitality and Catering: Kitchen fit‑outs, refrigeration, coffee machines, EPOS
• Printing and Packaging: Presses, finishing equipment, labellers
• Renewables and Sustainability: Solar PV, battery storage, heat pumps, EV charging
• Warehouse and Logistics: Forklifts, racking, conveyors, scanners

Unsure if your asset is eligible? Many lenders consider new and used, dealer or private purchase, and specialist or imported kit (subject to checks).

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Benefits of Asset Finance

• Preserve working capital: Keep cash for payroll, stock and growth.
• Fixed, predictable payments: Easier budgeting and cash flow planning.
• Potential tax efficiency: Depends on the structure and your circumstances.
• Flexible terms: Deposits, balloons, seasonal payments or payment holidays may be available.
• Faster decisions: Asset‑backed lending can be quicker than some alternatives.
• Stay up‑to‑date: Leasing options can help with regular upgrades.

Typical Terms, Costs and Fees

• Amounts: £10,000+ (larger facilities available subject to status and asset type)
• Terms: Commonly 12–84 months, aligned to asset life and policy
• Deposits: Often 0–20%; case‑by‑case variations are possible
• Balloon/final payment: Available on certain assets (e.g., vehicles)
• Fees: Documentation and option‑to‑purchase fees may apply
• Pricing: Set by individual lenders based on your circumstances (credit profile, asset type, deposit, term, sector)

Fair, clear and not misleading: We don’t quote rates here because lenders set pricing case‑by‑case. Any quote you receive from a partner will show key costs and terms before you decide. There’s no obligation to proceed.

Start Your Free Enquiry

Eligibility and Documents Checklist

Eligibility (varies by lender and structure)

• UK‑based limited companies, LLPs and partnerships
• Trading history helps; newer businesses may be considered
• Directors/owners may be asked for a personal guarantee
• Asset must be identifiable and insurable
• Minimum finance amount £10,000+

Useful documents to speed things up

• Company details and Companies House number (if applicable)
• Last 3–6 months’ business bank statements
• Latest accounts or management figures (if available)
• Asset quote or pro‑forma invoice
• ID and proof of address for directors/partners
• Existing finance agreements (if refinancing)

Free Eligibility Check – Takes Less Than 2 Minutes

How Fast Business Loans Helps

Fast Business Loans is a free introducer service. We’re not a lender and we don’t provide financial advice. Our mission is to connect you with trusted brokers and lenders who can offer suitable asset finance options for your needs.

What you get

• Speed: Complete one simple enquiry and get connected fast.
• Relevance: Partners experienced in your sector and asset type.
• Choice: Compare options without chasing multiple providers.
• Human help: Real finance professionals to answer your questions.
• No obligation: You decide if and when to proceed.

Our simple process

1. Complete a short enquiry
2. Get matched with suitable partners
3. Discuss options and receive a tailored quote
4. Decide and fund (if you choose to proceed)

Data and privacy: We only share your details with relevant finance partners for your enquiry. See our Privacy Policy for details.

Get Started – Free Matching Service

Why Choose Fast Business Loans

• Free to use: No cost to business owners. We may receive a fee from partners if you submit an enquiry or take out a product; this doesn’t change the rate you pay.
• Panel of trusted UK partners: Brokers and lenders with strong track records of supporting UK businesses.
• Plain English: Clear communication from enquiry to decision.
• Secure: Your details handled with care and shared only with relevant partners.
• Sector expertise: Construction, manufacturing, logistics, agriculture, healthcare, hospitality and more.

Asset Finance vs Business Loans – What’s the Difference?

Asset finance

• Purpose‑built for vehicles, machinery, equipment
• Asset often acts as primary security
• Choice of HP, lease, refinance or sale‑and‑back
• Often quicker decisions for asset‑backed deals

Business loans

• General working capital or a wide range of uses
• Secured (e.g., property) or unsecured options
• Useful if you need flexibility beyond a single asset

Not sure which route fits? Submit a single enquiry and our partners can discuss both options with you.

Compare Options – Start Your Enquiry

Industries We Support

We connect businesses across the UK with asset finance specialists in:

• Construction and Building Services
• Engineering and Manufacturing
• Logistics, Transport and Fleet
• Agriculture and Farming
• Healthcare and Medical
• Hotels, Restaurants and Catering
• Printing and Packaging
• Retail and E‑commerce
• Sustainability and Renewable Energy
• Start‑ups structured as limited companies or LLPs

If your sector isn’t listed, we can still help. Our panel includes both generalist and niche providers.

FAQs – Asset Finance

Is Fast Business Loans a lender?
No. We’re an introducer. We connect you with UK brokers and lenders who can offer finance directly.

Does using Fast Business Loans affect my credit score?
No. Submitting our enquiry does not affect your credit score. If you choose to proceed, partners may run credit checks.

What assets can I finance?
Vehicles, plant, machinery, IT and software, medical and dental equipment, catering, printing, renewables and more—new or used, subject to lender criteria.

How quickly can I get a decision?
Many enquiries receive a response within hours during business times. Funding timelines vary by case and documentation.

Do you charge fees?
It’s free for business owners to use our enquiry service. We may receive a fee from partners if you submit an enquiry or take out a product. This does not affect the rate you pay.

I’m a start‑up. Can I apply?
Yes—many partners consider newer businesses that are structured as limited companies or LLPs, often with a deposit and/or a personal guarantee.

Can I refinance assets I already own?
Yes—asset refinance and sale‑and‑back options can release cash tied up in equipment you already own.

Will I own the asset?
With hire purchase, you typically own the asset after the final payment. With leases, you usually rent the asset and may have options at term end. Your partner will clarify the structure.

What documents do I need?
Company details, bank statements, accounts/management figures (if available), asset quote, and ID for directors/partners.

What’s the minimum amount?
Asset finance via our partners typically starts at £10,000.

Get a Free Eligibility Check – No Obligation

Important Information and Fairness

• Fast Business Loans is a trading style of a lead generation/introducer service. We are not a lender and we do not provide financial advice. Any finance is subject to status, affordability and lender criteria.
• We aim to present information that is fair, clear and not misleading so you can make informed decisions.
• Completing our enquiry form does not affect your credit score. If you choose to proceed, lenders/brokers may conduct credit checks and will provide required pre‑contract information before you agree to anything.
• We may receive a fee from partners if you submit an enquiry or enter into an agreement. This does not change the rate you pay.
• Tax and accounting treatment varies. Seek professional advice for your circumstances.

Ready to explore asset finance? Get Started Now

Related pages

• Equipment Finance
• Vehicle Finance
• Invoice Finance
• Business Loans
• Sustainability Loans
• Construction Business Loans

Last updated: October 2025

– How does Fast Business Loans work?
Complete a quick online enquiry and we’ll instantly match your UK business with trusted brokers and lenders so you can compare options and choose the best deal.

– Are you a lender?
No—Fast Business Loans is not a lender; we’re an introducer that connects you with vetted UK finance brokers and lenders.

– Is your service free and is there any obligation to proceed?
Yes, it’s completely free to use and there’s no obligation to go ahead with any offer.

– Will my enquiry affect my credit score?
No, submitting an enquiry won’t affect your credit score, and any credit checks are only done by partners if you decide to proceed.

– How fast can I get matched and funded?
You’ll typically hear back within minutes to a few hours during business hours, with funding timeframes depending on the lender and product.

– What loan amounts can I access?
Our partners can help with funding from around £5,000 up to £5 million or more, subject to your circumstances.

– What types of business finance can you connect me with?
We can introduce you to providers of business loans (secured/unsecured), cashflow loans, asset and equipment finance, vehicle finance, invoice finance, refinance, commercial finance, fit-out finance, and sustainability loans.

– Do you support start-ups, SMEs, and my industry?
Yes—our panel supports start-ups and established SMEs across sectors like construction, hospitality, retail, healthcare, logistics, agriculture, professional services, manufacturing, and more.

– Are your lenders regulated and is my data secure?
Yes, we only work with verified partners who follow FCA guidelines, and we share your details securely only with relevant approved partners.

– What information do I need to provide to start?
Just basic business and contact details plus the amount and type of funding you need via our short form.