Asset finance in uk
8 Quick Facts About Asset Finance in the UK Here are 8 quick facts about asset finance in the UK that you might not have known before! 1) When do you need asset finance? If you’re looking to buy expensive equipment, a car or a boat, or even take out a loan against a valuable asset like your home, asset finance is likely your best bet. Typically designed for businesses and organisations that need more than £20,000 of working capital at any one time, these loans are available to both start-ups and established companies. There’s a good chance an asset finance provider in the UK will approve you, no matter what size business you run: many asset finance providers provide financial services to SMEs ( small and medium enterprises) , which means they can be flexible with their policies. But make sure you plan ahead when applying for asset finance because there is usually a hefty upfront application fee.