Asset Finance

Asset finance is one of the most accessible and popular methods of funding within the UK with Hire Purchase the most commonly used facility. It enables your business to purchase an asset and spread the cost of owning that asset over a term aligned to the working life of that asset.

Terms typically range from 12 months to 5 years but can extend to 7 years for longer life assets. At the end of the facility, title of the asset passes from the funder to your business where it can continue to be deployed or sold and replaced.

Appropriate structuring of the repayments is key to match available cash flow and tools such as VAT deferrals, balloons and seasonal payment profiles can be used to support this in suitable circumstances.

Regardless of your size or the sector your business operates in, if you are looking to add to or replace the assets that are critical to your business, Constructive Asset Finance can help.