What is asset finance?

Asset finance is a form of business funding that allows you to acquire equipment, machinery, or vehicles without paying the full purchase price upfront. Instead, you make regular payments over an agreed term. The main types include hire purchase (you own the asset at the end), finance lease (you use but do not own the asset), and operating lease (similar to renting). Asset finance is widely used across manufacturing, construction, transport, and healthcare.

Related questions