Compare Asset Finance Solutions
Find the perfect funding option for your business assets with tailored financial solutions
Finding the Right Asset Finance Solution
Every business has unique financial needs and objectives when it comes to acquiring assets. Whether you're looking to purchase new equipment, vehicles, or technology, choosing the right asset finance solution can significantly impact your cash flow, tax position, and long-term financial health.
At UK Loan Experts, we offer a comprehensive range of asset finance solutions designed to meet the diverse requirements of businesses across all sectors. Our expert team works closely with you to understand your specific needs and recommend the most suitable financing option.
Core Asset Finance Solutions
Hire Purchase
OwnershipGradually own your assets by spreading the cost over time with fixed monthly payments. Ideal for businesses planning long-term asset use.
Key Features:
- Initial deposit (typically 10%)
- Fixed monthly payments
- Full ownership at the end of the term
- Tax benefits through capital allowances
- Terms from 1-7 years
Finance Lease
FlexibilityUse assets for their entire economic life without owning them. Perfect for businesses that need flexibility while keeping assets off their balance sheet.
Key Features:
- No large initial outlay
- Lease payments are tax-deductible
- Option to sell and share profits at end of term
- Pay for majority of asset's value
- Appears as liability on balance sheet
Operating Lease
Short-termA cost-effective solution for assets you only need temporarily or that require regular upgrades, such as technology equipment.
Key Features:
- Lower monthly payments
- Only pay for portion of asset's value
- Maintenance often included
- Off-balance sheet financing
- Ideal for assets with high obsolescence
Asset Refinance
Cash ReleaseRelease capital from assets you already own to improve cash flow or fund growth, while continuing to use those assets in your business.
Key Features:
- Unlock value from existing assets
- Improve working capital
- Spread repayments over time
- Continue using your assets
- Can include sale and leaseback options
Specialized Solutions
Contract Hire
A complete package for vehicles, including maintenance, road tax, and often breakdown coverage.
Best for: Businesses needing vehicle fleets without maintenance responsibilities.
Structured Asset Finance
Complex, tailored solutions for high-value assets or unique business circumstances.
Best for: Large-scale acquisitions and specialized equipment.
Tax Lease
Structures designed to optimize tax benefits for both lessor and lessee.
Best for: Businesses looking to maximize tax efficiency in asset acquisition.
How to Choose the Right Solution
Assess Your Long-term Plans
Consider how long you'll need the asset. If you'll need it long-term and want to eventually own it, hire purchase might be best. For assets you'll need to upgrade regularly, leasing options provide more flexibility.
Consider Cash Flow Impact
Different solutions have varying impacts on cash flow. Leasing typically requires lower monthly payments than hire purchase but doesn't result in ownership. Asset refinance can immediately improve cash flow by unlocking capital from existing assets.
Evaluate Tax Implications
Each financing solution has different tax treatments. With hire purchase, you can claim capital allowances. With leasing, the payments are typically tax-deductible as business expenses. Consider consulting with your accountant to understand the optimal approach for your tax situation.
Assess Maintenance Requirements
If you're concerned about maintenance costs, operating leases and contract hire often include maintenance packages. With hire purchase and finance leases, maintenance responsibility typically falls on you as the user.
Real-World Applications
Manufacturing Company
Hire PurchaseA medium-sized manufacturing business needed new production equipment expected to last 10+ years. They chose hire purchase to spread the £350,000 cost over 5 years while securing ownership of this critical long-term asset.
Result: Improved production capacity with manageable monthly payments and beneficial tax treatment through capital allowances.
Tech Startup
Operating LeaseA growing tech company needed laptops and servers but wanted to avoid technology obsolescence. They selected an operating lease with a 2-year refreshment cycle to ensure they always had up-to-date equipment.
Result: Reduced upfront costs, predictable monthly expenses, and regular technology upgrades without disposal concerns.
Logistics Company
Asset RefinanceA logistics firm with owned vehicles needed to improve cash flow to fund an expansion. They refinanced their fleet, releasing £120,000 in capital while continuing to use the vehicles for their operations.
Result: Immediate working capital improvement that enabled business growth while maintaining operational capacity.
"We were overwhelmed by the different asset finance options available. UK Loan Experts guided us through each solution, explaining the pros and cons for our specific situation. We ultimately chose a mixed approach – hire purchase for our core machinery and operating leases for our IT equipment. This tailored strategy has been perfect for our business needs."
Rachel Thompson
Finance Director, Thompson Engineering Ltd
Find Your Ideal Asset Finance Solution
Our experts can help you navigate the options and select the ideal asset finance solution for your specific business needs.
Related Asset Finance Options
Types of Asset Finance
Explore the different types of asset finance available and how each can benefit your business.
Hire Purchase vs Lease
Compare these popular financing methods to determine which best suits your business needs.
Structured Asset Finance
Learn about customized funding solutions for high-value assets and complex requirements.