What is Asset Finance?
To put it simply, business asset finance allows you to buy assets such as; equipment, vehicles, tools, machinery, etc, without the upfront costs needed to make large purchases. We know that business owners often want to act quickly when making upgrades to the business.
Asset finance allows you to buy what you need now and spread the cost over several years with an affordable repayment plan designed to suit you.
With commercial asset finance, a company can do things like replace equipment, buy vehicles for work or refit their premise, enabling them to expand or keep up with the market as it changes.
What can I buy with Asset Finance?
Cavendish Capital can provide asset finance for ‘soft and ‘hard’ assets, such as;
- New Technology
- CCTV & Security
- POS Systems
- Fitness Equipment
- Catering Equipment
- Vending Equipment
- Premises Refurbishments
- Office Furniture
- Air Conditioning
How much does Asset Finance cost?
Commercial asset finance is not a one size fits all solution. The price you pay as interest depends on several factors.
The interest rates available to each business can be very different based on many variables. Individual circumstances, credit history, business performance, and the type of asset purchased all affect the rate you can be offered. Our experts can help you negotiate a great rate for your asset finance. Contact us today to learn more.