Asset Finance made Simple
Compare 45+ lenders and secure fast, flexible funding for vehicles, equipment, and machinery.
This will not affect your credit score.
- FCA Regulated
- 75+ Lenders
- Fast Decisions
- No Upfront Fees
Protect your cashflow
Spread the cost and retain your cash.
Fast Approvals
Most decisions within 24 hours.
Tax Efficient
Benefit from allowable deductions.
Flexible Terms
Tailor repayments to your needs.
75+ Lenders
Whole of market approach.
121 Account Manager
One point of contact, from start to finish.
Hire Purchase
You pay for the equipment or vehicle in instalments, and once you’ve made all the payments, you own it outright. It’s a straightforward way to spread the cost while working toward full ownership.
Finance Lease
You rent the equipment or vehicle for an agreed period, paying monthly rentals. You don’t own it, but you get full use of it. At the end of the term, you can usually continue renting, return it, or sell it on behalf of the lender.
Contract hire
You simply lease the equipment or vehicle for a fixed time and return it at the end. Maintenance can often be included. You never own it, just pay for its use, which keeps costs predictable and hassle-free.
| Feature | Hire Purchase | Finance Lease | Contract Hire |
|---|---|---|---|
| Own the asset at the end | ✓ | ✗ | ✗ |
| Low upfront cost | ✓ | ✓ | ✓ |
| Fixed monthly payments | ✓ | ✓ | ✓ |
| Maintenance included | Optional | ✗ | Often ✓ |
| Typical tax treatment | Capital allowances on the asset | Rentals usually tax deductible | Rentals usually tax deductible |
| Best suited to | Businesses wanting long-term ownership | Those wanting flexibility & cashflow | Businesses wanting predictable, hassle-free use |
This table is a general guide only and the exact structure will depend on your specific agreement and lender.
Estimate Your Potential Tax Saving
Enter the cost of the asset and your company profit to see an illustration of the potential tax saving when financing the asset. Figures are for guidance only and do not constitute tax advice.
Your Details
Illustrative Results
Hire Purchase: Assumes the asset qualifies for 100% tax relief in year 1 (e.g. AIA).
Finance Lease: Assumes first-year deductible rentals equal to approx. 20% of the asset cost,
limited to reducing taxable profit to £0.
These figures are illustrative — always speak to an accountant.
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