Asset finance is designed to make essential investment more manageable by spreading the cost of equipment over time. Rather than paying outright, operators can access the assets they need while preserving working capital for other areas of the business.
The company’s range of products includes hire purchase, finance lease, operating lease and refinance.
- Hire purchase allows businesses to buy equipment on credit, with ownership available once the final instalment has been paid.
- Finance lease spreads the full value of the equipment, plus interest, over an agreed period, with options at the end of the term.
- Operating lease can support businesses that only need an asset for part of its useful life, while refinance can release cash tied up in existing assets. This can help fund further investment, manage unexpected bills, cover seasonal pressures or ease cash flow.
For fleet operators and transport businesses planning their next investment, Close Brothers Asset Finance will be happy to discuss how asset finance could support growth, diversification and day-to-day operational resilience.
(Close Brothers Asset Finance: “Products and services are subject to eligibility, status, terms and conditions and availability. All lending is subject to status and our lending criteria. The right to decline any application is reserved.”)