Asset Finance allows your company to purchase new assets such as plant equipment or to refinance existing company assets. Asset finance is one of the best ways for a company to grow and purchase assets without it affecting its general cashflow, it gives the company the ability to gain assets, which increases turnover and allow the asset to pay for itself and increase profits.
Many organisations seek additional funding to assist with a purchase, due to the speed of acquiring the finance as opposed to using any existing cashflow within the business, which may already be allocated for other purposes such as day to day running costs.
There are different types of asset finance available, including;
- Asset Refinance
- Lease Finance
- Operating Lease