Asset Finance

What is Asset Finance?

Asset finance simply refers to the financial method of obtaining an asset. Through the use of asset finance, your business obtains an asset by borrowing against it. At Axis Leasing, we take the time to go through financial calculations with you so that you can weigh up our proposal against your business requirements. With our thorough approach, you can confidently make an informed decision on whether or not asset finance is suitable for your business. When carrying out asset finance, various assets can be offered as collateral such as cash, equipment, or perhaps a building as collateral in some cases. With asset finance, the financial terms are evaluated based on the value of the assets you are using as collateral. Depending on the agreement, the borrower can take full ownership of the asset they are financing, return it to the lender or take out a lease on a newer model.

Asset finance discussion

Examples of asset finance

Equipment leasing

If you are in the market for a new piece of equipment, you have a few options. You could buy it outright, which can be expensive, or use Axis Leasing for asset finance and then consider equipment leasing.  When you start to consider asset finance and equipment leasing, you begin to discover numerous benefits such as:

Asset finance equipment

Hopefully, this explains how equipment leasing offers you that financial flexibility for your business. If you have any questions about equipment leasing and asset finance, please don’t hesitate to contact us at Axis Leasing.

Hire Purchase

If hire purchase is a brand-new concept to you; hire purchase is a method to buy equipment (usually for business use). You pay off the equipment every month with an interest rate and then you own the equipment in full when you reach the point where you have completed your financial agreement. When using hire purchase to obtain equipment, this can benefit your businesses in many ways, such as:

Asset finance hire purchase

There are other benefits with hire purchase but those above are the main ones that provide financial flexibility for your business. A lot of successful business owners use hire purchase finance to avoid a large upfront payment for equipment, so they can spend their hard-earned cash on other key areas of their business. If you have any questions on understanding hire purchase and asset finance, feel free to contact us at Axis Leasing.

Which type of sector benefits from Asset Finance?

customer using asset finance
company using asset finance

More information on asset finance below

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Asset Leasing

Leasing has been around for a very long time and is a sensible way to acquire new assets. By spreading the cost of an invoice over a term ranging from 1 to 5 years, you are also spreading the VAT, reducing your tax bill, and protecting your cash flow.

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Alternative Finance Solutions

Getting the right type of finance is essential for your business to grow. We offer a range of flexible solutions to meet differing needs and will go the extra mile to ensure a smooth underwriting and administration process.

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What Assets Can Be Financed?

Virtually any asset used in the operation of your business, from ICT to vehicles. The list in the link is not exclusive. If you require funding for other equipment please don’t hesitate to call us and we will be happy to look into this for you.

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Why our customers trust us...

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Over 20 years experience in the finance sector

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Winners of Inaugural Societe Generale UK Broker Award (April - June 2019)

Authorised member of the Financial Conduct Authority

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We have worked with some of the UK's largest institutions

“We have been using Axis Leasing for our business funding since 2014. No asset type appears to be a problem. They have funded software licences, IT equipment and even surveying equipment imported from Sweden. In all cases the paperwork is straight forward and the process is so simple. We would recommend them to any company.”

If you have any particular requirement or query then please contact us and we’ll do our best to help.