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Asset finance

Asset Finance

Spread the cost of vehicles, machinery and equipment while you start using them straight away.

Check indicative repayments

Check eligibility (soft search only)

Typical terms

1 to 7 years

Security

The asset itself

Options

Hire purchase or lease

Typical amounts

Typical amounts

£25k to £1m

Estimate the cost

Estimate the cost

Model an illustrative asset finance arrangement across typical terms. Real quotes are subject to the asset, lender requirements, credit assessment, and facility terms.

Illustrative example only. Real quotes are subject to lender requirements, credit assessment, and facility terms.

Interest rate (%)
11.0%
Estimated monthly repayment
£3,877
Total repaid over term: £186,088
Illustrative repayment only. Actual offer, pricing, and fees may differ.

How it works

How it works

Excavator and dump truck on a construction site

Asset finance lets your company acquire equipment, vehicles or machinery without paying the full price upfront. The asset itself acts as security, which can mean better rates than unsecured lending, and you start earning from it straight away.

The two main routes are hire purchase, where you own the asset at the end, and leasing, where you pay to use it and may hand it back or buy it later. Tax and accounting treatment differs between them, so speak to your accountant.

Common uses

Common uses

Commercial vehicles and fleets

Manufacturing and production machinery

Construction plant and equipment

IT, medical and catering equipment

Advantages

Advantages

Keeps cash in the business for running costs and growth

The asset as security often means lower rates than unsecured finance

Fixed repayments make costs predictable

Settlement figures are available if you want to repay early; some lenders include fees, which we explain up front

Things to check

Things to check

Fees usually combine a discount charge and a service fee, so compare the full cost

Some contracts have minimum terms and notice periods

With factoring, the provider may contact your customers about payment

Not suited to businesses that mainly invoice consumers

Questions about invoice finance

Hire purchase or lease: which is better?

Can I finance used equipment?

Do I need a deposit?

What is a balloon payment?

What is a personal guarantee?

Tell us what you need

Share a few details and we will come back to you, usually the same working day. There is no obligation, and we only work with UK limited companies.

Speed: The more you tell us now, the faster we can match you with lenders.

A person, not a queue: You deal with the same person from first call to funding and beyond.

inquires@ironstonecf.co.uk

Tell us what you need

Tell us what you need

Share a few details and we will come back to you, usually the same working day. There is no obligation, and we only work with UK limited companies.

Share a few details and we will come back to you, usually the same working day. There is no obligation, and we only work with UK limited companies.

Speed: The more you tell us now, the faster we can match you with lenders.

Speed: The more you tell us now, the faster we can match you with lenders.

A person, not a queue: You deal with the same person from first call to funding and beyond.

A person, not a queue: You deal with the same person from first call to funding and beyond.

inquires@ironstonecf.co.uk

inquires@ironstonecf.co.uk