Asset finance categories

Fleet
Fleet
IT & electronics
IT & electronics
Office equipment
Office equipment
Medical equipment
Medical equipment
Business machinery
Business machinery
Farm equipment
Farm equipment
Plant equipment
Plant equipment

What is asset finance?

Asset finance at Leasing.com gives your business access to essential assets such as IT devices, machinery and other specialist equipment through fixed monthly payments, meaning no expensive upfront costs. Business assets can include:

  • Electronic devices, including IT
  • Office equipment
  • Plant and machinery
  • Medical and other specialist equipment

Get the equipment you need without the impact on your company’s cash flow.

Need funding for your next vehicle fleet? We’ve got you covered. Compare competitive fleet lease quotes for free from a range of providers in just a few steps.

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Get a free asset finance quote at Leasing.com

Submit your enquiry, review the quotes returned by our providers, find a suitable option and apply for finance - with no obligation.

Why choose asset finance with Leasing.com?

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    Compare multiple UK lenders

    You’ll have access to a panel of reputable asset finance providers, all in one place - no need to shop around.

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    Fast, no obligation quotes

    Get asset finance quotes, tailored to you, with no impact on your credit score.

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    Finance to suit your business

    Choose from Hire Purchase, Finance Lease or Operating Lease, all matched to your specific needs.

  • quotebeater save

    See your savings

    Find out exactly how much money you could save with our range of matched deals.

What are the benefits of asset finance? 

Asset finance is an ideal option for a range of businesses, from small sole traders to larger, nationwide companies. Some of the benefits include:

  • Protect cash flow: Avoid costly upfront payments to keep cash flow healthy.
  • Spread costs: You’ll pay a fixed monthly cost each month, making it easier to budget - no surprises.
  • Upgrade or replace equipment: Stay up to date with the latest technology to keep your business running smoothly.
  • Potential tax efficiencies: Spread VAT costs across instalments, rather than all at once.
Line of parked SUVs in a car park at sunset, showcasing a range of modern fleet vehicles.

How does asset finance work?

  • 1

    Tell us about the asset

    Let us know what you need and a few basic business details.

  • 2

    We compare the market

    Your enquiry is matched with suitable UK lenders that meet your requirements.

  • 3

    You compare asset finance quotes

    Review providers' rates, terms and monthly costs.

  • 4

    Choose and apply

    Choose a provider that meets your requirements - apply and move forward with asset finance.

Asset finance FAQs

We've answered all your frequently asked questions on asset leasing below. 

What is asset finance for businesses? 

Asset finance is a way for UK businesses to fund equipment, vehicles or machinery by spreading the cost over fixed monthly payments. Instead of paying upfront, you use finance products such as hire purchase or leasing to preserve cashflow while accessing the assets your business needs.

What types of asset finance are available?

The most common types of business asset finance include Hire Purchase, Finance Lease, and Operating Lease. The right option depends on whether you want to own the asset at the end of the agreement, your tax position, and how long you plan to use the asset.

Can small businesses get asset finance?

Yes. Asset finance is available to sole traders, limited companies, partnerships and SMEs across the UK. Many lenders support start-ups and newer businesses, even with limited trading history, depending on the asset and application.

Does getting an asset finance quote affect my credit score?

No. Getting an asset finance quote through Leasing.com is no obligation and does not affect your credit score. A full credit check is only carried out if you choose to proceed with a formal application.

What assets can be financed?

UK businesses can use asset finance to fund a wide range of equipment, including vans and vehicles, plant and machinery, IT equipment, medical devices, and manufacturing tools. Both new and used assets may be eligible, depending on the lender.

What is an Operating Lease?

An operating lease is a business leasing agreement that allows companies to use assets such as vehicles or equipment without ownership. The asset stays off the balance sheet, monthly payments are typically lower, and the asset is returned to the leasing provider at the end of the lease term.

What is Hire Purchase?

Hire Purchase is a business finance agreement that allows companies to buy vehicles or equipment through fixed monthly payments. The business owns the asset at the end of the agreement after the final payment, making Hire Purchase suitable for companies that want long-term ownership and predictable costs.

What is a Finance Lease?

A finance lease is a business leasing agreement where companies rent vehicles or equipment for most of their working life. The business takes responsibility for maintenance and running costs, records the asset on its balance sheet, and can buy the asset or extend the lease at the end of the original lease term.