Asset Finance


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Asset finance is the practice of using a company’s balance sheet assets as a security to borrow money or take out a loan against what you already own. It can provide a secure and easy way of getting working capital for your business. 

Asset financing is often used as a short-term funding solution – to pay employees, suppliers or to finance growth. It provides a more flexible way of borrowing compared to traditional bank loans. For growing businesses and start-ups especially, it provides an easy way to increase working capital. 

Advantages of asset finance:

  • Easier to obtain than traditional bank loans
  • Fixed payments make budgeting and cash flow simple to manage
  • Most agreements have fixed interest rates
  • Failure to pay only results in the loss of assets, nothing more

Asset finance offers a number of benefits. However, one of the main advantages is that it allows businesses operating across a diverse range of sectors to put their growth plans into action, without having to worry about finding large sums of cash or taking a large sum of money out of the business. 

Asset Finance

There are a few different types of asset financing and they include: 

  • Equipment Leasing 
  • Hire Purchase 
  • Finance Leases 
  • Operating Leases 
  • Asset Refinance 

Any business, regardless of its size, can benefit from asset finance. Allowing businesses to spread the cost of assets they need, asset finance is available to limited companies, public limited companies, and sole traders. 

Purchasing assets outright can be expensive, risky, and hold a company back from expansion. Asset financing provides a viable option to acquire the assets the business needs without excessive expenditures. Early-stage and smaller companies often run into an issue with lenders because they lack the credit rating or track record to secure a traditional loan. Through asset financing, they can receive a loan based on the assets they need to secure financing for their day-to-day operations and growth. 

Reach us at Ensure Mortgage and let us help you find the perfect asset finance plan for your business so that you can grow as you’ve always dreamed about.