Asset Finance
Peak Cashflow » Asset Finance
What is asset finance?
Asset finance is a form of borrowing that provides money to businesses who need help to pay for physical assets within their business.
The money acquired through asset finance is typically for items such as machinery, vehicles, computers and specialist equipment. They are typically high-cost items that are essential in the successful running of a business.
Businesses can also consider ‘refinance’, which is the act of borrowing money against an existing asset to provide additional liquidity.
How can we help you with asset finance?
We provide a range of asset finance solutions to our existing invoice finance clients, either via our own funding packages or via our specialist broking network.
This means we are able to offer finance options across a wide variety of industries, so get in touch to see if we can help you.
Benefits of Asset Finance
How Much Does It Cost?
Benefits of Asset Finance
Finding the available funds to pay for new equipment, vehicles or other expensive technology can be a huge strain on your cash flow.
So, when you are in need of an expensive new addition to your business, it’s important to look at the options available – which includes asset finance.
At Peak Cashflow, we have a range of asset finance options to suit the needs of your business.
With a quick turn-around time and a specialist team on hand, we ensure the funds are with you when you need them. This means that you can get on with running your business quickly and easily, without the worry of the funds you have available.
From equipment leasing, vehicle leasing and asset refinance, we have a range of finance options which could be of assistance to your business.
If you want to find out more about how we can help your business with asset finance, please contact us today.
How much does asset finance cost?
The amount you can borrow via asset finance will differ depending on the lender, and of course, the money needed for the purchase of the asset.
Asset finance is typically provided over a period of one to seven years, but this can again differ depending on the value of the item.
The length of the financing is determined by the life of the asset, and how long the lender is prepared to allow for the full payment to take place.