Asset Finance

Asset Refinancing – Asset refinancing is a way of releasing the value of your assets in your business. You sell the asset to a finance company who will give you a lump sum for it and you get to keep using the asset. You can then use the money for any business purposes you wish. You repay to the lender over an agreed period and once repaid, you own the asset again.

Hire Purchase – A Hire Purchase is a type of financing where you agree to pay for goods in regular instalments while using them. Ownership of the item is then transferred to you after the final payment is made. This is commonly used for purchasing vehicles, appliances, and other higher-value items.

Lease Finance – Lease finance is where you rent an asset, such as equipment, vehicles, or property from a leasing company for a fixed period. You pay regular payments for the use of the asset but do not own it. At the end of the lease term, the asset may be returned, purchased, or the lease may be renewed, depending on the agreement.

Equipment Leasing – Equipment leasing is a financing option that allows you to use machinery, tools, or technology for a set period without purchasing them outright. You make regular payments to the leasing company for the use of the equipment. At the end of the lease term, the equipment can often be returned, upgraded, or purchased, depending on the lease agreement.