An easy option using the equity in existing assets to raise finance.
An Asset Finance Agreement allows you to obtain, own and use the assets of your choice from the point of purchase, in some cases with no capital outlay. The loan is secured by a registered charge over the assets themselves.
It can also enable a purchase to proceed when you have an insufficient deposit, and may even be made to 100% of the purchase price of the asset in cases where security, in addition to the asset being purchased, is available (collateral security).
Terms 12-60 months
Loan is secured by the asset being purchased and/or existing assets
You gain immediate use and ownership of the asset
Asset Finance Agreement can be re-used for new financing requirements
Repayments may be tailored to suit your individual circumstances and cash flows
It is also a means of realising equity in unencumbered assets
Cash reserves can be used for more profitable areas of the business
An Asset Finance Agreement allows you to obtain, own and use the assets of your choice from the point of purchase, in some cases with no capital outlay. The loan is secured by a registered charge over the assets themselves.
