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Asset Finance, HP, Leasing and Sale & Leaseback

Assets need not be a liability

Forklift in warehouse bought with asset finance

Asset finance is a type of funding that gives businesses access to assets such as vehicles, equipment or technology, that they need to prosper and grow. It typically involves paying a regular fee to use the asset over an agreed period. The main advantage is that the business avoids paying the full cost of buying the equipment upfront preserving working capital.

Asset finance can also be used to release the ‘cash value’ tied up in the value of assets that the business already owns. This involves selling assets you already own back to a lender. This lender will then give you cash for the assets and charge you a monthly fee to lease them back. This lease gives you the right to continue using the assets as you did previously. While the cash released is then available to be used elsewhere within the company. This type of product is often called asset refinancing or sale & leaseback finance.

Finally, leasing is a tax and cash efficient way of financing all types of equipment for your business. It also keeps the asset ‘off balance sheet’ and offers you a range of benefits:

Some of the benefits of asset finance include:

  • You get immediate use of the asset without paying for it all up-front
  • Working capital is freed up along with bank loan & overdraft facilities for future business growth
  • It is also possible to structure lease contracts to match the length of time you intend to use the asset
  • Sale & leaseback allows you to release the ‘hidden’ capital contained in assets you already own
  • We can usually provide a solution irrespective of credit history or previous credit problems
  • It provides very tax efficient structures for your business

Fusion Finance can help you lease almost any piece of equipment needed to run your business, even ‘small ticket’ items from £2k in value. So whatever your requirements consult our specialists for great advice and often a same-day quotation on all types of asset finance.

There is an ever-growing range of specialist asset finance products available to borrowers. The challenge is to find the product that best suits your particular needs and circumstances. That is precisely where the services of a specialist broker such as Fusion Finance can make all the difference. Firstly, we bring expertise along with access to the wider lender market including private banks and funds. Secondly, we aim to find you the best funding for your particular circumstances. Finally, our help and advice are impartial, in confidence and given without obligation.

Please contact us today to see how we can help you or submit an email enquiry, and we will get back to you.

© 2018 Fusion Finance.

 

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