• Neil Smith

What is Asset Finance?


Asset finance is a popular method of borrowing money by using a company's balance sheet assets as security to take out a loan. It's recognised as a quick and convenient way to manage working capital for your business.

Various assets can be offered as collateral, from cash to plant, machinery, and even buildings. For example, a food delivery company may use its vehicle fleet to secure finance against purchasing new premises or for new vehicles. The loan amount will be evaluated based on the value of these assets.

In general, there are two main types of asset finance. There is lending that is secured against existing balance sheet assets. Equipment finance is a loan or lease used to procure business equipment (any tangible asset apart from real estate.)

Depending on the type of asset finance, the borrower can take full ownership of the asset, return it to the lender or take out a lease on a newer model.

Please get in touch for a non obigation chat about your business requirements. Neil

Asset Finance Solutions is a trading style of Impact Commercial Finance Ltd which is an independent asset finance brokerage not a lender, as such we can introduce you to a wide range of finance providers depending on your requirements and circumstances. We are not independent financial advisors and so are unable to provide you with independent financial advice. Asset Finance Solutions may receive payment(s) or other benefit from the finance provider if you decide to enter into an agreement with them.

Impact Commercial Finance Ltd is an Appointed Representative of AFS Compliance Limited which is Authorised and Regulated by the Financial Conduct Authority No. 625035

Impact Commercial Finance Ltd is a Franchisee of Asset Finance Solutions (UK) Ltd

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