Asset finance is a flexible alternative to the traditional bank loan, providing a more fluid cash flow and tax benefits for businesses looking to purchase new equipment from joinery to aircraft.
Asset Finance enables businesses to borrow against equipment thus enabling the equipment to pay for itself as it earns your business money. This also helps by preserving your more traditional banking facilities such as loans and overdrafts and therefore reducing the need for additional collateral.
Asset Finance offers more secure route of funding for the user, as the finance cannot be recalled during the life of the agreement.
Asset finance is a sustainable funding as it leaves businesses the option of replacing or upgrading ageing or decrepit equipment at the end of the lease period.
It is a flexible alternative to the bank loan, freeing up cash flow and providing tax benefits for businesses purchasing new equipment, vehicles or fixed assets needed to improve the health and growth of business.
Asset finance accounts for the majority of debt-financed business investment.
A high percentage of small businesses with external borrowing now find asset investment suits their needs best.
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