Asset Finance is a generic term used to describe financing of typically tangible assets such as new or used plant, machinery, equipment vehicles and debtors via a hire purchase, leasing or a factoring agreement.
For example, in 2021 working with the project director of a family business I secured hire purchase finance for a material handling waste plant with a value of approximately £2.5m.
For another client with annual revenues in excess of £100m I have secured a HP credit line from a reputable finance co to assist their owner-drivers acquire new trucks at a cost of c£120k+vat each.
In Dec '21 I arranged funding for a long standing client who was buying a new low loader trailer costing £80K+vat
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