Asset finance

Here are our top frequently asked questions from our Asset Finance customers.

To help us understand your current situation, visit our Money Worries page to download and complete our financial support form. When you send this in to us, we’ll be in touch to discuss your options.

You can call our Customer Services team on 0118 955 6690, selecting option 1, to get a settlement quote.

You can call our Customer Services team on 0118 955 6690, selecting option 1.

Asset finance helps businesses acquire equipment they need to grow. This includes purchasing new or used assets or releasing equity in equipment already owned.

Unlike overdrafts, asset finance is not repayable on demand. Additionally, it is a form of secured loan so lending criteria will be different compared to a bank loan.

Asset finance has a range of flexible products to suit your financial situation when acquiring a business asset.

Find out more about our asset finance products.

You can finance a range of equipment, including trucks, trailers, vans, manufacturing machinery, construction equipment, recycling machinery, and agricultural equipment and more.

We lend to a range of industries specialising in construction and transportation.

Find out more about our asset finance products.

We can consider applications from businesses including sole traders, partnerships, limited liability partnerships and limited companies.

We will treat your application on its own merit, taking into account the strength of your business, your experience and plans for the future, to tailor finance to your needs.

The assets must be fit for purpose, in a new or acceptable condition.

We will check your financial background, current business performance and your credit report with credit reference agencies.

We still may be able to help you if you have made some late or missed payments. These will need to be investigated so we can understand why this was.

We specialise in financing construction and transportation assets. To speak to one of our teams, please click one of our links below.

If you have a minimum term agreement, the lease will continue beyond the minimum term until you provide one month’s written notice that you’d like to end the agreement. When the notice expires, you must return the equipment to us in accordance with the terms of the agreement.

If you have a fixed term agreement, you must return the equipment at the end of the hire in accordance with the terms of the agreement.

If you’d like to discuss your options for continuing to use the equipment, please contact us.

If your agreement is a hire purchase, once all payments have been made, including the option to purchase fee, you will have full ownership of the asset.

If you have any issues with your asset or vehicle, please contact the original equipment supplier, maintenance provider or dealer directly.

We subscribe to the FLA Business Finance Code which sets out standards of good practice for the finance and leasing industry.

T&Cs will apply, subject to status and affordability. Any asset used as security may be at risk if you do not repay any debt secured on it.