For businesses looking to acquire equipment, vehicles or technology, asset finance is a flexible way to access what you need without paying the full cost upfront. Two of the most popular options are hire purchase (HP) and leasing. While both allow you to spread payments over time, they work in different ways and suit different…
read moreChoosing between asset finance and a traditional business loan is simple, it comes down to a business’s cash‑flow needs, collateral availability and desired flexibility. The following provides a bit more detail to help with the considerations. Asset Finance Pros Purchase essential equipment (vehicles, machinery, technology, etc) without draining cash flow. Assets themselves act as collateral,…
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