FCAAuthorised & Regulated · No. 943426 · Lending in the United Kingdom and internationally since 2016
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Asset finance, structured properly.

Equipment, machinery, vehicles, and technology — buy what you need, when you need it. From £25,000 to £10 million, at our flat 1.5% APR. Hire purchase or finance lease, your choice.

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What asset finance can fund

Asset finance lets you acquire long-life productive assets — manufacturing equipment, commercial vehicles, IT and technology, professional equipment — without committing your working capital to a single major purchase.

We offer two structures: hire purchase (you own the asset at the end of the term) and finance lease (extended use with optional secondary period). Both at our flat 1.5% APR, with terms aligned to the asset's productive life.

Who this loan is for

  • Manufacturers acquiring CNC equipment, production lines, or specialist machinery
  • Logistics and distribution businesses funding fleet purchases or replacements
  • Construction firms acquiring plant equipment, vehicles, or modular site assets
  • Hospitality businesses funding kitchen lines, refrigeration, or front-of-house equipment
  • IT and tech businesses acquiring server hardware, networking, or specialist tooling
  • Healthcare practices funding diagnostic equipment, imaging, or surgical instruments
  • Professional services firms acquiring high-value technology or office infrastructure
We needed three new CNC machines to take on a major contract. ASAF structured the asset finance over five years, with payments aligned to when the contract revenue would arrive. Genuinely thoughtful structuring. — Northern Precision Engineering · asset finance, £840,000

How asset finance is structured

The structure depends on your tax position and ownership preference. For most businesses, hire purchase is the natural choice: you take ownership of the asset from day one (with a small option fee at the end of the term), the asset appears on your balance sheet, and you can claim capital allowances against tax.

For businesses preferring off-balance-sheet treatment, or where the asset's residual value is uncertain, finance lease offers an alternative: ASAF retains technical ownership, you have full operational use, and you can extend into a secondary period at minimal cost or return the asset.

Repayment terms are aligned to the asset's productive life — typically 3 to 7 years for most equipment, up to 10 years for major commercial vehicles or heavy plant. Payments can be structured monthly, quarterly, or aligned to your trading cycle.

Hire purchase or lease

Choose the structure that suits your tax position and balance sheet preference. Both at the same flat rate.

Repayments aligned to use

Monthly, quarterly, or seasonal payment patterns to match the way your business actually generates revenue.

Used or new equipment

We finance both new equipment and used assets. The structure and rate are identical; only the term may flex.

The process

From application to funded,
in four steps.

Each step has a defined timeline and a real person attached to your file. No black-box scoring, no run-around.

1
Apply

~3 minutes online

2
Review

Manager calls within 24 hours

3
Decision

Up to 5 working days

4
Funded

Same day on completion

Frequently asked

The honest answers,
before you ask.

Yes. We finance used and refurbished equipment frequently. We assess the asset's condition, residual value, and remaining productive life. Used equipment may attract a slightly shorter maximum term, but the rate is identical.
Yes. The facility can include the asset itself, installation, commissioning, training, and the first year's maintenance contract. This avoids you having to find working capital for these supplementary costs.
Hire purchase: you own the asset, it's on your balance sheet, you claim capital allowances. Finance lease: ASAF technically owns the asset, you have full operational use, payments are an operating expense. Both at 1.5% APR. Your relationship manager will help you choose based on your tax position.
Yes. If you currently have asset finance at a higher rate (typical commercial rates run 6–14% APR), we can buy out the existing agreement and replace it with our 1.5% APR facility — often producing significant monthly savings.
For straightforward asset finance, decisions are typically issued within 3–5 working days of a complete application. For larger or more complex deals (e.g. specialist equipment with limited resale market), credit committee review may take 5–10 working days.

Begin your asset finance application

Equipment, fleet, technology — funded properly, with a structure that matches how your business uses the asset.

Begin your application → Speak to our team