Compare Asset Financing
- If you need assets to help your business grow but lack capital then asset financing may be your ideal option
- Below are a selection of UK specialist business lenders that provide asset financing solutions
- Compare amounts, terms and features and apply direct.
Choose your business loan type
-
Newable Asset Finance
- Any type of asset or equipment financed
- Release cash against existing business assets
- Rates from 1.6%
-
Minimum Turnover
£100,000 p.a.
-
Available Amounts
From £25,000
-
Available Terms
1 month to 5 years
Company details
- Newable Finance is an FCA regulated commercial finance broker with access to 200+ lenders
- Your application will be managed by an experienced advisor, specialising in fast approvals
- No broker fees and no commitment
Eligibility criteria
- Minimum 6 months trading history
- Soft and Hard asset finance available
- All sectors covered
-
Funding Hut Asset Finance
- Finance available for a wide range of business assets and equipment
- Fixed monthly payments
- Tax benefits available through capital allowances
-
Minimum Turnover
£50,000 p.a.
-
Available Amounts
£20,000 to £1,000,000
-
Available Terms
3 months to 10 years
Company details
- Specialist broker offering a range of business finance services
- Quick and easy online application process
- Authorised by the Financial Conduct Authority (FCA)
Eligibility criteria
- Must have been trading for at least 12 months
- Must have a minimum of 1 year's financial statements available
-
EJ Finance
- Application-to-offer within 24 hours
- To be contacted within 3 minutes of applying
- Access to over 200+ lenders, covering all sectors
-
Minimum Turnover
£50,000 p.a.
-
Available Amounts
£10,000 to £10,000,000
-
Available Terms
1 months to 10 years
Company details
- Application-to-offer within 24 hours
- To be contacted within 3 minutes of applying
- Access to over 200+ lenders, covering all sectors
Eligibility criteria
- Application-to-offer within 24 hours
- To be contacted within 3 minutes of applying
- Access to over 200+ lenders, covering all sectors
-
Funding Circle
- Borrow £50,001 to £500,000 with the Government's CBIL scheme
- Nothing to pay until 2022 - No upfront fees - No early settlement fees
- Simple online application & decisions in as little as 5 hours
-
Minimum Turnover
£200,000+ p.a.
-
Available Amounts
£50,001 to £500,000
-
Available Terms
2 to 5 years
Company details
- Funding Circle, supporting small businesses for over 10 years
- Used by over 57,000 UK businesses
- All Funding Circle do is small business, as a result 9 out of 10 of their businesses would come back first next time
Eligibility criteria
- UK-based business - 3 years of trading history - Adversely affected by coronavirus
- Loan primarily for trading in the UK
- Annual turnover from £200K+ up to £45 million - Over 50% of turnover from trading activity (e.g. not from investments)
-
Swoop Funding
- Simple, secure and speedy access to over 1,000 funding providers without affecting your credit rating
- Experts in CBILS – borrow from £50k to £250k with no personal guarantee, no fees, no repayment for 12 months, no early settlement fee
- Speak to Swoop's team of experts – five-star Trustpilot rated
-
Minimum Turnover
£50,000 p.a.
-
Available Amounts
£1,000 to £10,000,000
-
Available Terms
3 months to 6 years
Company details
Eligibility criteria
-
Fluidly
- Instantly see funding products your business is eligible for, from across the market (no credit checks)
- A dedicated 5-star rated Funding Specialist on hand to support your application end-to-end (no hidden fees)
- Range of products available including CBILS, unsecured loans and asset financing
-
Minimum Turnover
£100,000 p.a.
-
Available Amounts
£50,000 to £10,000,000
-
Available Terms
1 to 10 years
Company details
- Hassle free funding options within 30 seconds
- Team of 5-star rated Funding Specialists are on hand to support your application
- A range of products available including CBILS, unsecured and asset financing
Eligibility criteria
- Hassle free funding options within 30 seconds
- Team of 5-star rated Funding Specialists are on hand to support your application
- A range of products available including CBILS, unsecured and asset financing
-
Fleximize
- Voted "Best Business Finance Provider" at the British Bank Awards 2020
- Industry-leading flexibility - top-ups, repayment holidays, no hidden fees
- Interest charged on a reducing balance, repay early and only pay for the time you had the loan
- Rates from 0.9% per month (10.8% per annum), with no additional fees
-
Minimum Turnover
£60,000 p.a.
-
Available Amounts
£5,000 to £500,000
-
Available Terms
3 months to 4 years
Company details
- Voted "Best Business Finance Provider" at the British Bank Awards 2020
- Industry-leading flexibility - top-ups, repayment holidays, no hidden fees
- Interest charged on a reducing balance, repay early and only pay for the time you had the loan
- Apply online in minutes, receive funds in as little as 24 hours.
Eligibility criteria
- Minimum annual turnover of £60,000 p.a.
- Borrow between £5,000 and £500,000
- Business activities must be UK-based and impacted by Covid-19
-
Portman Asset Finance
- Business finance broker with specialist sector experience to offer fast and flexible finance solutions
- Access over 40 leading UK business finance providers
- Dedicated CBILS specialist account managers
-
Minimum Turnover
£150,000+ p.a.
-
Available Amounts
£10,000 to £10,000,000
-
Available Terms
Up to 5 years
Company details
- Business finance broker with specialist sector experience to offer fast and flexible finance solutions
- Access over 40 leading UK business finance providers
- Dedicated CBILS specialist account managers
Eligibility criteria
- Business finance broker with specialist sector experience to offer fast and flexible finance solutions
- Access over 40 leading UK business finance providers
- Dedicated CBILS specialist account managers
-
Nucleus
- Fast service - receive your funding in 24 hours
- Unsecured and secured business loans
- 7 products tailored to your business
-
Minimum Turnover
£60,000 p.a.
-
Available Amounts
£3,000 to £50,000,000
-
Available Terms
3 months to 8 years
Company details
- Fast service - receive your funding in 24 hours
- Unsecured and secured business loans
- 7 products tailored to your business
Eligibility criteria
- Fast service - receive your funding in 24 hours
- Unsecured and secured business loans
- 7 products tailored to your business
-
Start Up Loans (British Business Bank)
- Interest rate of fixed 6% per annum
- Receive business mentoring and support after drawing down your loan
- No application fees or early repayment fees
-
Minimum Turnover
No minimum
-
Available Amounts
£500 to £25,000
-
Available Terms
1 to 5 years
Company details
- Start Up Loans is a Not-For-Profit Company offering a finance and mentoring solution to start and grow a business
- Start Up Loans have helped over 40,000 businesses get started in the UK
- Free application support
- Free post-loan business mentoring
Eligibility criteria
- Business is based in the UK
- Trading for under 24 months
- 18 years and over
Suppliers that don't offer Business Asset Financing but may offer suitable alternatives:
Also for Business
Our comparison service features a selection of providers from whom we receive commission. This table is initially ordered according to our commercial arrangements. You can use the options above the table to order it according to various criteria.

Award-winning comparisons you can trust
It's always nice to know you're on the right track. Over the years, as we have striven to improve the services we provide to our clients and users, we have been pleased to receive recognition for our efforts from both industry and consumer bodies.
Asset Financing FAQ
Asset financing is a solution to help businesses acquire the assets they need to grow, even if they lack the necessary capital. Before opting for any type of business finance it is crucial to make sure that you understand how they work and which kind of companies they are suitable for.
What is asset financing?
Asset financing is a solution that businesses can use to grow and develop their business, even if they don't have the capital of their own to hand. For instance, it's not easy to grow a company that requires new equipment and tools if you don't have the capital funds available; asset financing solves the problem by allowing you to replace old equipment and expand your business without overstretching your financial limits.
Depending on your business, the assets that you acquire financing for could be anything from a fleet of vehicles to office equipment.
How can asset financing help my business?
For many companies, asset financing offers a more versatile solution than standard borrowing options such as bank loans. The main advantage is the fact that it allows you to use and obtain essential equipment that your business needs to thrive and expand.
How does asset financing work?
The way that your asset financing solution will work will depend on the contract you agree to. For instance:
- Hire Purchase Financing Agreements can last for a period of 12 to 72 months. These options require you to pay a deposit, plus several fixed monthly instalments over your agreed term, after which point you will officially own the assets.
- Leasing Finance Agreements involve your lender purchasing the assets you need and leasing them to you for a fixed monthly cost. You can therefore access the assets you need based on monthly cash flow rather than capital.
- Refinancing Agreements are offered to businesses that have already invested in new equipment, but need to release some of the capital in those assets. Refinancing solutions usually involve a lender buying equipment from you and leasing it back over a set time period.
What are the benefits of asset financing?
Asset financing can give your business the tools and equipment that it needs to grow without consuming your entire budget. With asset financing, you will only need to use a fraction of the capital that would be required to buy the equipment outright, and at the end of the agreement, you may also be able to own, continue leasing, or agree to purchase the equipment for a lower price.
What are the disadvantages of asset financing?
Although asset financing can be a useful solution for many businesses, its value to your company will depend on your specific circumstances. Remember that asset financing can be more expensive in the long-term than buying an asset outright, and in some cases, you may have to make a deposit or advance payment.
How flexible is asset financing?
Asset financing can be very flexible depending on the contract that you choose. For small businesses that are looking to grow, this financial solution can give you the power you need to invest in new opportunities without taking on too much financial risk - provided that you can afford the monthly payments. Additionally, you will be able to adjust your financing solutions according to the needs of your business. For instance, if your company grows over the period of your lease, you may decide at the end of that lease to upgrade to a new model, or more equipment.
What is asset refinancing?
Asset refinancing is often confused with asset financing, but they are two very different solutions. Asset refinancing refers to the process of securing a loan against the valuable items that your business owns, such as vehicles, buildings, or tools. If you cannot keep up with the repayments on an asset refinancing contract, your lender will take the asset to recoup what is owed.
What kind of equipment can I buy with asset financing?
As long as you choose the right provider, you could potentially gain access to any of the equipment you might require for the continued development of your business. Industries that may use asset financing for growth could range from those in the waste disposal sector, to those involved with transportation, medical, or manufacturing businesses.
Featured articles
Featured brands
-
B2Bfinance.com Business Loans
B2Bfinance.com is a commercial finance brokerage, established in 2005, that covers a wide range of product types and lenders.
Read more -
EJ Finance Business Loans
Broker offering access to over 200 lenders, covering all sectors and business types.
Read more -
Fleximize Business Loans
Flexible business loans with secured and unsecured borrowing options and dedicated support for customers.
Read more -
Fluidly Business Loans
Tailored funding on a range of commercial finance products for all types of business.
Read more -
Funding Circle Business Loans
Commercial peer-to-peer platform that connect businesses in need of funding to willing investors.
Read more -
Funding Hut Business Loans
FCA-authorised broker offering a range of finance types and a quick application process.
Read more -
Newable Commercial Finance
FCA-regulated commercial finance broker with access to 200+ lenders.
Read more -
Nucleus Business Loans
Launched in 2011, Nucleus Commercial Finance is a specialist business lender that offers a range of loan types from asset funding to property finance.
Read more -
Portman Asset Finance Business Loans
Business finance broker with specialist sector experience to offer fast and flexible finance solutions.
Read more -
The Start Up Loans Company (British Business Bank)
A subsidiary of the British Business Bank, the Start Up Loans Company was created to provide funding for new businesses.
Read more -
Swoop Funding Business Loans
Simple, secure and speedy access to over 1,000 funding providers without affecting your credit rating.
Read more