Grow Your Business with Flexible Asset Finance Solutions

Unlock the Value of Your Business Assets with Funding Guru

Asset Finance

Step into Funding Guru’s Asset Financing, where we turn your business assets into strategic financial tools. Discover flexible solutions tailored to boost your business operations and drive growth.

What is Asset Finance

In business financing, Asset Finance helps businesses to use valuable assets for financial growth. Securing funds against assets, from vehicles to property, unlocks potential value, providing capital for expansion, upgrades, or working capital needs.

Key Features of Asset Finance

Experience the benefits of our Invoice Finance services:

Diverse Asset Coverage

From vehicles to machinery, explore financing options for a wide range of business assets.

Customised Terms

Tailor repayment plans to align with your business's cash flow and financial objectives.

Unlocking Capital

Use the equity in your assets to access funds for expansion, upgrades, or working capital.

Business Loan Types

At Funding Guru, we offer a variety of secured business loan options to meet your specific needs. Explore the most common types below:

Lease Purchase

Lease new equipment for a set period with exclusive usage rights. Ownership remains with the lender, providing financial flexibility without upfront costs. Optional maintenance and insurance available, with VAT on monthly payments.

Hire Purchase

Funding Guru purchases equipment on your behalf, and you repay over an agreed term. Gain ownership at the agreement's end. Ideal for asset acquisition without upfront costs, offering flexibility with fixed monthly payments.

Asset Refinancing

Use outright-owned high-value assets as collateral for a loan. Funding Guru provides cash based on asset value, employing a 'sale & lease-back' process. Monthly payments unlock capital while retaining asset use.

Thoughts from Matt

Asset finance can offer your business a cash injection when you most need it. It is often a great option for new companies that have no trading history but can show financial strength through asset ownership and for those without the deep pockets required to purchase large machinery or expensive equipment.

Matt Haycox
Founder and CEO, Funding Guru

How much can I borrow

Borrowing flexibility is tailored to your needs. At Funding Guru, we typically allow companies to borrow from £25,000 to £500,000 over a period of 12 months to four years. We aim to provide funding decisions within 24 hours. Once approved, funds can be directed to your supplier or deposited into your account within two business days.

Application Process for Asset Finance

Asset Assessment

Provide details about the assets you want to finance.

Customised Proposal

Receive a tailored financing proposal with repayment options.

Fast Approval

Experience quick approval processes, allowing you to access funds right away.

Asset Utilisation

Utilise funds to upgrade, expand, or optimise your business operations.

Why Choose Us

Tailored Solutions

Benefit from personalised and flexible financing solutions designed to meet the unique needs of your business.

Transparent Approach

Experience transparency at every step of the financing journey, ensuring clarity and confidence in your financial decisions.

Proven Success Stories

Join a community of thriving businesses that have achieved success with Funding Guru's financial expertise and support.

Industry Experience

Rely on a partner with extensive industry experience, providing you with insights and guidance to navigate the complexities of business finance.

Efficiency and Simplicity

Discover a streamlined process that makes obtaining business finance quick and efficient, allowing you to focus on what matters - growing your business.

What assets can be bought using asset finance

Finance providers have varying rules regarding eligible assets and loan-to-value ratios. At Funding Guru, we adopt a comprehensive approach, considering all assets as long as the business case aligns and portrays you as a reputable borrower.

Here are examples of business assets you could acquire through our asset finance options:

Coffee machines for a restaurant chain
Computer equipment in an office
A fleet of vehicles for transporting goods
Intellectual property, including patents and trademarks
Medical equipment for healthcare providers

Testimonials

"We have worked with Funding Guru for varied lending needs for over 10 years now. From arranging invoice finance, to leasing new vehicles, to cashflow assistance - Matt and his team never disappoint. When we first started our business securing finance was far from easy but Funding Guru provided solutions that few others couldn't and they have continued to support us as our business has developed and grown to an 8 figure turnover."

"Coming out of COVID our business, like most, wasn't in a great place. We hadn't been able to trade for over a year and finding finance options was proving difficult for us. Funding Guru was prepared to look at what a successful business we had been prior to the start of the pandemic, and what great opportunities lay ahead for us. The facility they provided solved our cashflow needs and allowed us to concentrate on being the UK's premier race team!'

"I knew Matt long before he was a lender, when he was building his own businesses and finding creative ways to finance his growth. So as soon as he started Funding Guru I knew there was only going to be one person to talk to about my own business finance requirements!"

"Fast funding. Helpful staff. No jargon. Highly recommended!"

Frequently Asked Questions

How does asset financing work?

Asset financing works by allowing businesses to use the asset they are purchasing as collateral for the loan. This means that the lender has security in the asset itself. Depending on the agreement, you can either lease the asset with the option to buy it at the end of the term, or you can finance the purchase outright with the loan being repaid over a fixed period.

What are the benefits of asset finance?

Asset finance offers several benefits, including preserving your working capital by spreading the cost of the asset over time. It can also provide tax advantages, as payments can often be deducted as business expenses. Furthermore, asset finance solutions enable you to upgrade or replace assets more frequently, ensuring that your business uses the latest technology and equipment.

Is asset finance suitable for small businesses?

Yes, asset finance is an excellent option for small businesses. It helps small businesses acquire essential assets without a significant upfront investment, thus supporting growth and operational efficiency. Business asset finance can be tailored to meet the specific needs and cash flow of smaller enterprises.

How does hire purchase differ from lease purchase?

In a hire purchase agreement, you make payments towards owning the asset, and ownership transfers to you at the end of the term. In a lease purchase, you lease the asset and have the option to purchase it at the end of the lease period. Lease purchase typically involves lower monthly payments but requires a final lump sum if you decide to buy the asset.

Can I upgrade or return the asset at the end of a lease purchase agreement?

At the end of a lease purchase agreement, you typically have the option to buy the asset, return it, or upgrade to a newer model. This flexibility makes lease purchase agreements a popular choice for businesses that need to stay current with technology and equipment.

Why should I choose Funding Guru for my asset finance needs?

Choosing Funding Guru for your asset finance needs means partnering with a team dedicated to understanding and supporting your business. We offer tailored asset finance solutions with competitive rates and flexible terms.

How can I apply for asset finance with Funding Guru?

Applying for asset finance with Funding Guru is straightforward. Simply fill out the form or give us a call. Our team will review your inquiry and work with you to find the best asset finance solution for your needs.

Contact Us

Unlock the potential of your business assets. Explore Funding Guru’s comprehensive Asset Finance solutions today.