Grow Without Compromise with Business Asset Finance
Looking to invest in the equipment and assets your company needs to thrive—without depleting your cash reserves? That’s exactly where business asset finance comes in. By spreading costs over a flexible timeframe, you can manage your budget more effectively and keep working capital free for other essential expenses. It’s a solution designed to help you grow without compromise.
Plus, when you factor in potential tax advantages, asset finance becomes even more compelling. Whether you run a small startup or a large corporation, our asset finance solutions deliver flexible funding for business assets, letting you seize new opportunities without sacrificing cash flow.
Loan Features
Funding Amounts:
We offer equipment financing starting from £5,000 right up to £10 million. No matter the size of your enterprise, we’ve got you covered.
Flexible Terms
Choose repayment periods of 1 to 8 years, ensuring your machinery finance, vehicle finance for businesses, or technology finance plan lines up with your budget.
Versatile Use
Use our business asset finance to purchase almost any asset—be it heavy machinery, new vehicles, office tech, or specialised equipment. One of our more unusual projects involved financing a fleet of heated pig huts—proving there’s almost nothing we can’t finance.
Low Deposits:
Hire purchase for businesses can require a minimal or even zero deposit, alongside potential VAT deferrals. This means you can start generating income from new assets without a large initial outlay.
Competitive Rates:
We secure some of the most attractive rates in the industry, helping you keep financing costs low. Our track record speaks for itself—just check our client reviews.
Quick Pay-Outs:
Need equipment fast? We pride ourselves on super-quick pay-outs, so you can get vital assets without delay. We’ll even coordinate with your suppliers to make the process hassle-free.
Tax Benefits:
Depending on the type of asset finance arrangement you choose, you could write off the entire cost of your new equipment against corporation tax in the first year or deduct annual payments each tax year—helping reduce your overall financial burden.
Cash Flow Management
Avoid large lump-sum expenses by spreading costs over time. Why buy an asset outright when you can keep your cash flow fluid for other critical operations?
Credit Lines:
Speed up future purchases by setting up a line of credit. Simply inform the lender what you want to buy, and they’ll release funds—no need to start a new agreement each time.
Seasonal Payments:
Align repayments with your business’s seasonal cash flow, making it easier to meet your obligations during quieter months.
Quick Eligibility Check
Does your business meet these basic criteria? (Full eligibility assessed upon application)
*This checklist is indicative only. Please contact us for a full assessment.
Loan Benefits
Preserve Cash Flow
Spread asset costs over affordable instalments and avoid hefty upfront payments.
Keep Up to Date
Regularly update your machinery, tech, or vehicles to stay competitive in your market.
Customisable Repayment Terms
Choose a schedule that aligns with your financial situation and growth plans.
Tax Efficiency
Potentially offset repayments against taxable profits, making asset finance a savvy move.
Boost Growth
Acquire more equipment than you could with an outright purchase, fuelling faster business expansion.
Grow Without Compromise with Business Asset Finance
If your business needs new equipment, machinery, or technology—but you’d rather maintain cash flow, secure tax advantages, and avoid large one-off costs—then asset finance could be the perfect fit. It’s ideal for companies seeking to grow, streamline operations, and remain competitive without compromising their financial stability. Used wisely, it can significantly accelerate your expansion without endangering your future.
Asset finance is available to virtually any UK business, regardless of size, trading history, or industry. At NexGen Business Finance, we bring decades of expertise in equipment financing, machinery finance, hire purchase for businesses, vehicle finance for businesses, and technology finance. Our aim is to match you with the right lender, the right agreement, and the right rate.
Frequently Asked Questions
A: Asset finance is a type of funding used by UK businesses to acquire essential equipment, vehicles, or machinery without paying the full cost upfront. Options like Hire Purchase or Finance Lease allow you to spread the cost over an agreed term.
A: A wide variety of business assets can typically be financed, including commercial vehicles (vans, lorries), construction plant, IT hardware and software, manufacturing machinery, agricultural equipment, and office equipment.
A: Key benefits include preserving your working capital, predictable fixed payments for easier budgeting, potential tax efficiencies, and access to the latest assets without a large initial outlay, helping your business stay competitive.
A: By providing details about your business and the asset you need, we connect you with suitable lenders from our panel. You can then compare quotes based on rates and terms to find the most suitable asset finance deal for your requirements.
Ready to take the next step ?
Contact NexGen Business Finance today to discover how our asset finance solutions can help your company achieve its goals. We’re here to provide flexible funding for business assets—so you can grow without compromise.