Asset finance is a way of purchasing assets such as vehicles, buildings and equipment. The lender will leverage these assets as security to decrease the risk of the loan. Asset finance can support your purchase when you need these types of assets but don’t want to make a large cash payment to buy them outright.

It does this by spreading the cost over time. You make smaller, regular payments during a fixed term. Fees and interest are charged in addition to the cost of the asset. You have full use of the asset throughout the term.