Asset Finance That Works
As Hard As You Do

Indicative quotes within 24 hours of receiving your application. Full approval typically takes 1–5 business days depending on complexity. For straightforward hire purchase agreements on standard vans, plant or equipment, completion can happen the same week. More complex deals — soft assets, used machinery valuations or sale-and-leaseback — usually take 5–10 working days. We tell you a realistic timeline up front.

Commercial vehicles and vans, HGVs and trailers, construction plant (excavators, telehandlers, scaffolding), manufacturing machinery (CNC, presses, production lines), agricultural equipment (tractors, harvesters, combines), forklifts and warehouse equipment, medical and dental equipment, printing and packaging machinery, catering and refrigeration, and IT hardware. New and used. If it has a clear business use and a residual value, there's usually an asset finance route for it.

A strong credit history helps secure the best rates, but because asset finance is secured against the asset, lenders take a more pragmatic view than with unsecured business loans. We work with specialist lenders who finance businesses with CCJs, defaults, prior insolvency or limited trading history — typically with a larger deposit, a higher rate, or a director's guarantee. We'll be honest about what's achievable rather than putting you through pointless applications.

AssetFund brings 25+ years of commercial asset finance experience. Our team has spent that time building lender relationships across construction plant, HGV and commercial vehicle, manufacturing, agriculture, healthcare, hospitality, print, and IT verticals. We're a commercial asset finance broker arranging non-regulated business finance for UK limited companies, LLPs, partnerships and sole traders trading for business purposes. We do not charge broker fees.

Asset finance rates depend on the asset class (new vs used, hard vs soft), term length, deposit, and your trading and credit profile. Strong applicants on standard new plant or vehicles typically see rates from around 7–9% APR. Used equipment, soft assets, newer businesses or adverse credit will see higher rates. We always show the full cost of credit, the monthly payment, and the comparison vs alternative structures before you commit.

Asset finance facilities typically range from £5,000 to £10 million+ depending on the asset and your business profile. Standard hire purchase on vans, plant or equipment scales from a few thousand pounds up to £500k routinely. Larger requirements — full fleet refreshes, CNC production lines, multi-asset facilities — go into the millions and may be structured as bespoke facilities. There's no fixed upper limit for the right opportunity.

Yes — asset refinance (also called sale-and-leaseback) releases the equity tied up in plant, vehicles or machinery you already own outright. The lender purchases the asset from your business at agreed value, releases the cash, and you repay over a fixed term (typically 24–60 months) while continuing to use the asset. Common uses: working capital injection, deposit on the next asset, or restructuring existing finance onto better terms.

For most asset finance applications: last 3 months' business bank statements, your most recent filed accounts or management accounts (depending on company age), photo ID for directors, and details of the asset you're financing — supplier proforma invoice for new equipment, or vehicle reg / V5 for used vehicles. For sale-and-leaseback we'll also need proof of ownership and a recent valuation. Larger deals (£250k+) may need fuller management information.