Asset Finance

Flexible funding for equipment, vehicles, and machinery

What Is Asset Finance?

Asset finance is a form of business funding that allows companies to acquire essential equipment, vehicles, or machinery without paying the full cost upfront. Instead, the asset is paid for over time through affordable monthly repayments.

It can also be used to release working capital from assets your business already owns — helping to improve cash flow and support growth.

Asset finance is ideal for:

  • Purchasing new or used equipment

  • Upgrading technology or machinery

  • Acquiring commercial vehicles or fleets

  • Refinancing owned assets to unlock cash

  • Spreading the cost of growth-critical investments

Types of Asset Finance

At The Funding Group, we work with a wide range of UK lenders to offer flexible asset finance options tailored to your business needs:

Hire Purchase (HP)

Own the asset at the end of the agreement. Pay in instalments, with fixed or variable interest. Ideal for long-term use assets.

Finance Lease

Rent the asset over an agreed term. Use it without owning it, and choose to extend or upgrade at the end of the lease.

Operating Lease

Similar to a finance lease but with shorter terms and no option to buy. Useful for equipment with a limited lifespan.

Asset Refinance

Unlock equity in existing assets you already own by using them as security for a loan. Boosts working capital without selling.

Balloon or Seasonal Payment Plans

Tailored repayment structures based on your business’s cash flow cycle, with options to reduce monthly outgoings.

Typical Terms & Key Features

  • Loan Amounts: £10,000 to £10 million+

  • Terms: 12 to 84 months

  • Deposit: Often minimal (sometimes zero)

  • Repayment Options: Fixed, variable, seasonal, or balloon payments

  • Assets Financed: Vehicles, plant, machinery, IT, medical, catering, office, agricultural, and more

  • Tax Benefits: Potential VAT deferrals and capital allowance advantages

Asset finance is quick to arrange, with most deals approved and completed in a matter of days.

Who Can Use Asset Finance?

Asset finance is available to a wide range of businesses, including:

  • Startups and SMEs

  • Limited companies and sole traders

  • Haulage, logistics, and construction firms

  • Healthcare, manufacturing, and engineering businesses

  • Agricultural and rural businesses

  • Businesses with seasonal or uneven cash flow

  • Companies looking to refinance assets for working capital

Even if your business is newly formed or has had credit issues in the past, we can help you access competitive funding through our panel of specialist lenders.

Benefits of Asset Finance

  • Preserve cash flow by spreading the cost of essential purchases

  • Upgrade equipment without tying up working capital

  • Access the latest technology without large upfront investment

  • Flexible repayment terms that match your business needs

  • Tax-efficient with potential VAT and capital allowance benefits

  • Fast approvals — funding in as little as 24–72 hours

  • Retain ownership or lease options depending on the agreement

Whether you’re looking to grow, modernise, or stabilise your business operations, asset finance offers a practical and cost-effective solution.

Need Asset Finance for Your Business?

Whether you're investing in new vehicles, upgrading machinery, or releasing capital from existing assets, The Funding Group can help you secure the right asset finance solution.

Speak to our experts today for a free, no-obligation consultation.