Asset Finance
Asset Finance or equipment finance is the ability to purchase new or second hand equipment or machinery via Hire purchase or Finance lease facilities.
It is also possible to use asset finance to refinance existing plant and machinery.
XL Business is a viable alternative to high street banks
XL Business Finance is not a bank and as such we view things from our customer’s perspective. We understand the challenges many businesses face dealing with the high street banks and thankfully there are many leasing and hire purchase companies providing viable alternatives.
We are delighted to provide asset finance UK wide and have helped many businesses throughout the UK obtain funding for a wide variety of capital expenditure projects for over ten years.
Examples of asset finance funded to date include;
- Printing equipment
- Forestry equipment
- Engineering equipment
- Haulage
- Busses and coaches
- Computers
- Production lines
- Scaffolding
And many, many, more.
There is a saying in the industry that if a piece of equipment is durable, identifiable and removable than it can be financed via traditional hire purchase and finance lease facilities.
We welcome enquiries from just about any type of business no matter how strong or weak the crediting rating.
We have organised funding for PLCs to sole traders, new start businesses to businesses trading for over 100 years. We are able to source the very best rates for blue chip companies and we have also been able to structure funding for loss making or insolvent businesses. Even if you are considering a planned administration with a phoenix out of the other side there is a funder to meet most requirements.
To view our guide to Asset Refinancing please see here
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