Asset finance allows businesses to fund up to 100% of the value of their high-cost assets. These assets can be critical for the continued functioning of the business. The asset itself, in the financing arrangement provides the security for the credit so there is no need for a home or property to be used as collateral.
Tools, equipment, machinery and vehicles can all be purchased to ensure the ongoing operation of the business without funds being tied up due to gaps in working capital or cash flow. By spreading the cost of a new asset over the term of the asset financing facility, you can enjoy access to the asset you need when you need it most: Now!