Best Asset Finance Companies in the UK

Discover our carefully selected top asset finance providers for UK businesses, ranked on performance, reliability, and customer satisfaction.

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How We Select the Best Asset Finance Companies

Finding the right asset finance provider can significantly impact your business's financial health and growth opportunities. Our rankings are based on a comprehensive evaluation process that considers multiple factors affecting your financing experience.

We've evaluated the UK's leading asset finance companies based on key criteria including reliability, customer service quality, competitive rates, flexibility of terms, industry expertise, and transparency. Our recommendations reflect a balanced assessment of these factors, with special emphasis on verified customer experiences.

Our Rating Criteria

Customer Satisfaction

We analyze verified reviews, testimonials, and satisfaction scores from actual business clients who have used each provider's services, prioritizing consistent quality of experience.

Competitive Rates & Terms

We compare interest rates, fees, and payment structures, looking beyond headline rates to assess the true cost of financing and value provided over the term.

Service Quality

We evaluate responsiveness, account management quality, and how well providers handle issues when they arise. Top companies offer dedicated support throughout the financing relationship.

Product Range & Flexibility

The best providers offer varied financing structures (hire purchase, leasing, refinancing) and can accommodate different business situations and asset types.

Industry Expertise

We assess each provider's understanding of specific sectors and asset classes, as specialized knowledge often translates to better financing solutions.

Transparency & Ethics

Top companies are clear about their terms, avoid hidden fees, and maintain high ethical standards in their lending practices.

Our Top 5 Asset Finance Companies

#1 Overall Excellence

Close Brothers Asset Finance

★★★★★

Close Brothers consistently ranks as the top asset finance provider in the UK, combining competitive rates with exceptional service. Their industry specialists understand the unique requirements of various sectors, leading to tailored financing solutions that align with business needs.

Strengths

  • Deep industry expertise
  • Excellent customer service
  • Flexible financing structures

Best For

Mid-sized businesses requiring specialized understanding of assets and industry-specific challenges.

Customer Satisfaction

95% of customers report high satisfaction with their financing experience.

#2 Best Digital Experience

Aldermore Asset Finance

★★★★★

Aldermore excels in providing a streamlined digital experience combined with competitive rates. Their technology-driven approach enables faster approvals and efficient documentation processes without sacrificing personal service.

Strengths

  • Superior online platform
  • Rapid application processing
  • Transparent fee structure

Best For

Businesses that value convenience and quick decisions in their financing process.

Customer Satisfaction

93% of customers highlight the ease and speed of Aldermore's process.

#3 Best for Heavy Equipment

Hitachi Capital Business Finance

★★★★½

Hitachi Capital has established itself as a leading provider for heavy equipment financing, with exceptional expertise in construction, manufacturing, and transportation assets. Their deep understanding of equipment values enables competitive financing on high-value assets.

Strengths

  • Specialized equipment knowledge
  • Competitive rates on large assets
  • Flexible end-of-term options

Best For

Construction, manufacturing, and transport companies requiring heavy machinery financing.

Customer Satisfaction

91% of heavy equipment clients report superior industry knowledge.

#4 Best for Small Businesses

Shire Leasing

★★★★½

Shire Leasing specializes in asset finance for small and growing businesses, offering accessible solutions with less stringent criteria than many larger providers. Their personalized approach and understanding of SME challenges make them ideal for smaller ticket financing.

Strengths

  • SME-friendly approval criteria
  • Personalized service
  • Simple application process

Best For

Small businesses, startups, and companies with limited trading history seeking smaller asset financing.

Customer Satisfaction

89% of small business clients praise their supportive approach.

#5 Best for Vehicle Fleets

Lombard Vehicle Solutions

★★★★

Lombard excels in fleet vehicle financing, offering comprehensive solutions that include maintenance packages, fleet management tools, and competitive funding. Their vehicle expertise makes them particularly valuable for businesses with substantial transportation needs.

Strengths

  • Comprehensive fleet solutions
  • Strong maintenance packages
  • Excellent residual value expertise

Best For

Businesses requiring multiple vehicles or complete fleet financing solutions.

Customer Satisfaction

87% of fleet clients report high satisfaction with their integrated solutions.

How to Choose the Right Asset Finance Company

While our rankings identify the top performers overall, the best asset finance company for your business will depend on your specific circumstances. Consider these factors when making your selection:

Match to Your Industry

Prioritize providers with specific experience in your sector. Their understanding of industry-specific assets and cash flow patterns will result in more appropriate financing terms.

Consider Asset Type

Different companies excel with different asset classes. For specialized or unique equipment, select a provider with relevant expertise to ensure accurate valuation and suitable terms.

Evaluate Total Cost

Look beyond headline rates to understand the complete financing cost, including all fees, charges, and end-of-term conditions. Request a detailed breakdown to compare providers effectively.

Assess Service Level Needs

Determine the level of ongoing support you'll require. If you're financing complex assets or anticipate changing business circumstances, strong customer service becomes even more critical.

What Our Clients Say

"We chose one of the recommended providers and couldn't be happier. After struggling to find financing that accommodated our seasonal business pattern, the company we selected from this list offered a flexible repayment structure that aligned perfectly with our cash flow. The service and terms were exactly as described, making our equipment financing process seamless."

James Wilson

Owner, Harvest Agricultural Services

Related Services

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Asset Finance Options

Learn about different asset finance structures to determine which best suits your business needs.

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Frequently Asked Questions

How often do you update your rankings?

We review and update our rankings quarterly, incorporating new market data, customer feedback, and changes in provider offerings. This ensures our recommendations remain current and reflect the true performance of each company.

Do the top companies work with all types of businesses?

Most of our top-ranked providers serve a wide range of businesses, but some specialize in particular segments like SMEs or large corporations. We've noted specific strengths in each company profile to help guide your selection based on your business size and needs.

Can these companies finance used assets?

Yes, all the top providers offer financing for used assets, though terms may differ from new asset financing. The asset's age, condition, and remaining useful life will impact the available terms and rates, with some providers specializing in used equipment financing.

What documentation will I need when applying?

Typically, you'll need to provide business financial statements, bank statements, company details, asset specifications, and director information. Requirements vary by provider and deal size, with larger transactions requiring more comprehensive documentation.

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