What is Asset Finance?

Asset Finance is useful if you want to obtain an asset for your business. Asset Finance tends to be divided into two main product types: Hire Purchase and Leasing. Hire Purchase enables you to own an asset by paying an initial deposit followed by regular payments with interest over a set period. Leasing works in the same way but without you actually owning the asset outright.


Back to glossary
We can also help with

Credit controller's guide

A best practice guide for credit control


Business cash flow

Stay in control of your cash flow with our guide

Take a look

Get paid on time

7 top tips to keep cash in the bank

Read Now

Credit check any UK company

Get greater insight to make quick and informed business decisions

Try for free