Asset Finance: The Complete Guide

Asset finance allows businesses to purchase high-value assets (plant, machinery, vehicles, IT equipment) without paying the full cost upfront. The lender purchases the asset, and the business pays a monthly fee to use/own it.

Types of Asset Finance

• Hire Purchase: You pay instalments and own the asset at the end.
• Finance Lease: You rent the asset for most of its useful life; usually never own it.
• Equipment Lease: Flexible leasing with options to upgrade equipment.
• Asset Refinance: Release cash tied up in assets you already own.

Money Pilot can help you find the lender that’s right for your asset finance needs.