Neo Business Finance offers a wide range of asset finance options, making us your go-to partner for funding vehicles, equipment, and machinery.
About Asset Finance
Asset finance enables businesses to acquire essential equipment needed for operations and growth without paying the full cost upfront. By spreading payments over an agreed term, it helps preserve working capital while providing access to the tools required to remain competitive and efficient. This structured approach allows for better financial planning and predictable monthly outgoings.
With interest rates often lower than unsecured loans due to the asset providing security, asset finance can be a cost-effective solution. In addition, there may be tax advantages depending on your circumstances, making it a widely used and valuable funding option for businesses.
Types of Asset Finance
Here are just some of the asset finance options we can help you secure.
Straightforward application process
Our team will be on hand to guide you through the process from.
We use e-signatures wherever possible, with the goal of making the finance process as simple and straightforward as we can—so you can focus on what matters most: running your business.
Asset Finance FAQs
Read our most frequently asked questions about asset finance.
Asset Finance helps businesses spread the cost of essential purchases, protecting their short-term capital and allowing for manageable monthly repayments. With the added security of the asset itself, rates are usually lower than those for an unsecured loan, and there can often be tax-saving capital allowances too for these purchases, meaning asset finance can be an extremely cost-effective method of financing.
We can support a wide range of business across virtually all sectors. Our minimum loan size for Limited businesses in £10k, and our minimum for non-Ltd businesses is £25k. We can fund both new and used assets, and can even look at refinance of existing assets as a way of raising capital.
Repayment terms vary based on the age and type of the asset, but typically range from 12 months up to 84 months.
Get in touch with us today either through our ‘contact us’ page or simply by giving us a call. We will discuss everything with you and guide you through the application process from start to finish.
