Common questions
Asset finance, answered
- What can we fund with asset finance?
- Business software and licences, IT hardware and infrastructure, robotics and automation, renewable energy generation, medical equipment, plant, machinery and fit-out. Soft costs such as installation, training and support can usually be included in the same agreement.
- Is leasing more tax efficient than buying outright?
- It often is, because lease rentals are generally treated as an operating cost while hire purchase and loans preserve capital allowances. The right answer depends on your tax position, so we set out the options and recommend you confirm treatment with your accountant.
- What information do you need to quote?
- The asset or project, the amount, the term you have in mind and the name of your organisation. We can usually indicate pricing on the same call and confirm it in writing shortly afterwards.
- Do you work with newly formed businesses?
- Sometimes. Our panel includes lenders comfortable with young companies where the asset is strong or security is available. We will tell you quickly and honestly if the proposal is unlikely to be funded.
- Can we settle an agreement early?
- Yes. Early settlement figures are available on request, and the terms are set out in your agreement before you sign it.