Asset Finance

If you need a secure means of finance to boost cash flow and grow your business, maximise opportunity and make your assets work harder.

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  • Funding decision within 24 hours
  • Borrow from £10,000 to £250,000
  • Loan terms from 12 months to 4 years
  • Dedicated account manager

It’s What You Need When You Need It

Enjoy the flexibility to fund any asset your business needs to grow: machinery, equipment, vehicles and more. Stay competitive; keep ahead of the game.

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Asset Finance

What is Asset Finance?

Asset finance can help you enjoy the flexibility to fund any asset your business needs to grow. To purchase the assets your business needs, whether they be machinery, equipment, vehicles or something else, the options available are as flexible as our loan terms.

If you’re looking to acquire an asset, we’ll look to understand the type of asset, whether you want to own it outright at the end of the loan period, and whether you’d like maintenance and insurance included in your payments.

Who is suitable for Asset Finance?

This type of finance is vastly flexible, making it an option worth considering for any industry involving vehicles, machinery or equipment. That’s admittedly quite a wide umbrella: to give you a few examples, our customers have purchased cutting edge printing machinery, vehicle fleets, horseboxes and everything in between.

The Benefits

  • No limitations on how you use your money

  • Fixed interest rate and no hidden fees

  • Less than ideal financial histories considered 

  • Weekly or monthly repayments

Our team will find the perfect asset finance solution for you. Move your business forward with Funding Guru.

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Hire Purchase

What is Hire purchase?

A hire purchase agreement enables a business to access new assets but without the cash flow impact of buying them outright. The first hire purchase installment is paid, and the rest of the purchase cost is fragmented into feasible and regular monthly installments. Full payment of the asset is spread out over a period of up to 72 months.

Why choose hire purchase over other types of asset finance? You own the asset at the end of the agreement. This is useful for businesses looking to increase their profile of assets, while not taking too much out of cash reserves.

Who is suitable for hire purchase?

We have organised hire purchase agreements for printing companies, gyms, farms, you name it we’ve done it. Any business that needs equipment, machinery or vehicles could benefit from this type of funding. Hire purchase is a good solution for new businesses with a brief trading history or inadequate credit rating.

The Benefits

  • No limitations on how you use your money

  • Fixed interest rate and no hidden fees

  • Less than ideal financial histories considered 

  • Weekly or monthly repayments

Get the assets you need to succeed with a hire purchase agreement. All the benefits of ownership without the high initial outlay.

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Finance Lease

What is a finance lease?

A finance lease can be otherwise known as a lease purchase but both terms cover the same legal theory. With a finance lease agreeement, a business will regularly repay for a rented asset. For the duration of the agreement they gain exclusive usage rights, but ownership remains with the finance company. 

This gives the joint benefit of being able to use the asset as well as increased working capital to use somewhere else in the business. The asset acts as security, so a finance lease is usually easy and quick to set up. 

Who is suitable for finance lease?

Businesses who require the most up-to-date assets to attain an edge over their competition typically benefit from this. Monthly payments are lower than the cost of the asset outlay, so working capital remains available for expansion and investment growth.

The Benefits

  • No limitations on how you use your money

  • Fixed interest rate and no hidden fees

  • Less than ideal financial histories considered 

  • Weekly or monthly repayments

Talk to us about how finance lease can give you access to the assets your business needs to succeed.

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Operating Lease

What is an operating lease?

With an operating lease, you can get full usage benefits of the most up-to-date assets whilst escaping the risks of ownership. You lease the asset whilst we keep ownership rights, making this kind of lease perfect for high-value assets which are only required for a short time period. 

This is a good way to gain access to the best assets and increase the competitive edge of your business. Operating lease agreements usually run for less than 75% of the assets life, and your access is ensured with regular monthly repayments. 

Why choose an operating lease?

If the sector of your work involves innovation keeping things moving quickly, operating leases are great way to keep you ahead of the game. Due to the nature of the agreement, you will have access to the asset when you need it. As the sector develops you can move onto the newest asset. 

There are other benefits to this type of lease including VAT and tax. Normally, the monthly payment can be offset against taxable profits. VAT is usually fully recoverable if the asset is solely for business use. 

The Benefits

  • No limitations on how you use your money

  • Fixed interest rate and no hidden fees

  • Less than ideal financial histories considered 

  • Weekly or monthly repayments

Get full access to the assets you need to make your business succeed; avoid the hassle and risk of ownership.

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Asset Refinancing

What is asset refinance?

Asset refinancing is a funding solution that means businesses can take advantage of their assets by raising cash against them easily and quickly. Asset refinancing is great for businesses who are cash poor but asset rich, and require access to the cash locked up in their assets. 

An asset is valued then a cash advance will be secured against it, to be repaid over an agreed period. Assets can be eligible whether owned via a financial agreement or outright, 

Who is suitable for asset refinance?

The value of an asset is considered in priority over other factors, so asset refinance can help a business whose credit history may not be perfect. Due to the broad definition of an asset we can consider and approve applications for asset refinancing from any industry. 

An asset is any high-value, tangible item, from fleet vehicles to invoices and inventory, to machinery and equipment. This can also be a great option as loans for businesses with bad credit. 

The Benefits

  • No limitations on how you use your money

  • Fixed interest rate and no hidden fees

  • Less than ideal financial histories considered 

  • Weekly or monthly repayments

Get full access to the assets you need to make your business succeed; avoid the hassle and risk of ownership.

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Sale And Leaseback Finance

What is Sale and Leaseback Finance?

With leaseback finance, your business buys an asset then will sell it to and lease it back from us. It’s less complicated than it sounds and there are many benefits of this. 

By doing this, you unlock any capital it holds for use elsewhere whilst exclusively owning the asset for an agreed time period. If you want to increase performance of your machinery, fleet of vehicles or any other equipment assets – this could be for you. It can be a particularly good option for businesses with high value machinery and assets that are perhaps not easily sold to use simply as collateral allowing you to get a better rate  for the sale and leaseback finance.

Who is suitable for Sale And Leaseback?

From our experience, this type of finance is the perfect solution for businesses who are asset rich but cash poor, and who are looking for a working capital boost for growth or expansion without wanting to take out a conventional loan or part with equity. 

The Benefits

  • No limitations on how you use your money

  • Fixed interest rate and no hidden fees

  • Less than ideal financial histories considered 

  • Weekly or monthly repayments

Enjoy full, exclusive access to your assets while tapping into the capital locked within them.

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WHY SHOULD YOU USE ASSET FINANCE?

To purchase the assets your business needs to grow, whether they be machinery, equipment, vehicles or something else. The options are as flexible as our loan terms.

At Funding Guru we endeavour to find the perfect solution for your circumstances.

If you’re looking to acquire an asset, we’ll look to understand the type of asset, whether you want to own it outright at the end of the loan period, and whether you’d like maintenance and insurance included in your payments.

If you’re asset rich but cash poor, we can help you to release the capital in assets you already own.

Because that asset acts as collateral, asset finance is good for businesses without a demonstrable track record, or with less than ideal credit ratings.

This type of finance is vastly flexible, making it an option worth considering for any industry involving vehicles, machinery or equipment. That’s admittedly quite a wide umbrella: to give you a few examples, our customers have purchased cutting edge printing machinery, vehicle fleets, horseboxes and everything in between.

We aim to make a funding decision within 24 hours, and the money can be in your account within 2 business days.

We don’t think it’s fair to punish businesses for paying off their debt, so the answer is ‘no’.

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Application Process

Fund your future today. Our team will find the perfect asset finance for you, Move your business forward with Funding Guru.

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