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Purchasing new machinery or replacing existing equipment? We can help you find the Asset Finance option that is right for you.

Compare Asset Finance

Borrow from £1,000 to £7.5m
Repay from 6 months to 5 years
No cold calls, we anonymise your data
Free to use, no hidden charges

Have the facts before you apply
Leasing or renting assets such as machinery or office equipment can save you the initial costs of buying them outright. In addition, asset finance may have other benefits for your business (cash flow, tax, etc.)
Advantages of asset finance
Advantages include:
  • access to a high standard of equipment that you might not be able to afford otherwise
  • interest rates on monthly instalments are usually fixed
  • typically less risky compared to bank loans – if you can’t make payments you’ll lose the asset but not, for example, your home
  • the leasing company carries the risk if the equipment fails or breaks down
  • as long as you pay regularly, the agreement can’t be cancelled
  • it’s widely available
    • Disadvantages of asset finance
    Disadvantages include:
  • you can’t claim capital allowances on a leased asset if the lease period is less than 5 years (or 7 years in some cases)
  • it can be more expensive than buying the asset outright
  • some long-term contracts can be difficult to cancel early
  • you may have to pay a deposit or make some payments in advance

    • View other funding types

    How to apply for asset finance in 5 easy steps

    We help small businesses compare finance from both trusted banks and alternative funding providers.
    NEW
    "After being given short shrift by our bank, we didn't know where to turn. Between Finpoint and the lender, they structured a finance solution that gave me the funds I needed to make the equipment repairs and commence my accounting migration."
    Vicki HipwellHipwell Bookbinders
    "We were severely impacted by the actions of our leasing company who supplied our vans. We saved almost £3,000 a month on average in vehicle return charges, which is boosting profitability and ensures the business continues to grow organically."
    James GillateRoots Shoots Leaves
    "The fact that everything is online is a time saver and our funding advisor was incredibly helpful and patient and understood our needs from the outset. We can highly recommend this service!"
    Peta GoodwinFRESCH
    Looking for unbiased advice?
    Finpoint is staffed with impartial finance experts that speak your language and are always ready to walk you through the pro’s and con’s of each option before you proceed.

    Decide without any pressure, safe in the knowledge you got the best funding solution for your business.
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    Questions? Check out our Frequently Asked Questions
    Finpoint is designed to help your business find the most suitable finance option. The use of our platform is completely free for companies and their advisors.

    Make one simple application to find the funding product that is right for your business.
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    2a Charing Cross Road

    London, WC2H 0HF

    United Kingdom

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