Asset Finance customer FAQs

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

What assets do you lend against?

We lend to a range of industries including construction, agriculture and transportation, as well as business assets such as office equipment. You can see the full range of assets we fund here.

Who do you lend to?

We can consider applications from experienced 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.

Will you need to visit my business?

It is not essential but we do like to establish a rapport and an understanding of your business; visiting you helps us to do this. We are more likely to visit you if you are borrowing a larger amount.

What are you going to be looking for by asking for my bank statements?

As a responsible lender, we want to ensure that you can meet the loan repayments.

Loan repayments are met from cashflow not profits and seeing your latest bank statements helps us to assess whether your business is generating enough money to repay the loan.

It also helps us to see how you conduct your account. We would not expect to see bounced cheques or returned direct debits but appreciate that sometimes this happens and would require a good explanation for such occurrences.

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.