How to Get Asset Finance

Your comprehensive guide to securing asset finance successfully

Before You Apply

1. Assess Your Needs

  • • Identify specific asset requirements
  • • Calculate total funding needed
  • • Consider timing of purchase
  • • Evaluate business impact

2. Check Your Eligibility

  • • Review credit status
  • • Verify trading history
  • • Assess financial health
  • • Confirm documentation

Key Success Factors

Strong Business Case

Demonstrate how the asset will benefit your business and generate returns.

  • Clear revenue projections
  • Cost savings analysis
  • Market opportunity evidence
  • Growth strategy alignment

Financial Preparation

Ensure your finances are in order and well-documented.

  • Up-to-date accounts
  • Cash flow forecasts
  • Tax compliance
  • Management accounts

Asset Selection

Choose assets that represent good value and security.

  • Strong resale potential
  • Reliable supplier
  • Competitive pricing
  • Quality certification

Application Strategy

1.

Research Lenders

Compare rates, terms, and specializations to find the best fit

2.

Prepare Documentation

Gather all required paperwork before starting applications

3.

Submit Applications

Apply to multiple lenders to compare offers

4.

Negotiate Terms

Review and negotiate offers to secure the best deal

Expert Tips for Success

  • ✓ Build relationships with potential lenders early
  • ✓ Consider using a broker for better access to lenders
  • ✓ Keep detailed records of all communications
  • ✓ Be transparent about any potential issues

Ready to Get Started?

Let us help you secure the asset finance your business needs.

Related Resources

Application Guide

Step-by-step application process

Payment Calculator

Estimate your monthly payments