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Asset Finance
- Annual flat rates now from 4.4%
- HP, Lease & Asset Refinance
- £10,000 – £2,000,000
- Terms between 2 – 6 years
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Both a lender & broker
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Over £1.5bn financed since 2007
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Expert, professional service
Start a new asset finance enquiry with us
Having arranged over £1.5 billion in funding for well over 20,000 UK businesses, our experts will take the time to understand your goals and if there’s finance available from our panel, we will help you get it. Use our finance calculator to estimate monthly repayments based on the borrowing amount, term and your approximate credit rating.
Ready to apply for asset finance? Get started in under 60 secs.
Business Asset Finance, Spread the Cost of New Equipment
Equipment Finance
Equipment finance offers lower interest rates compared to business loans, due to its secured nature. It’s a popular choice for acquiring assets. See if your business could benefit.
Commercial Vehicle Finance
Vehicle finance allows your business to spread the cost of purchasing commercial vehicles. Spread the cost of vans, lorries or specialist commercial vehicles.
Asset / Equipment Refinance
Sale-&-lease-back allows your businesses to convert existing assets into cash. We value your asset & offer a cash equivalent, with fixed monthly repayments.
Lease Finance
Leasing offers your business a way to acquire assets without upfront costs. A lender buys the asset, your company leases it with fixed monthly payments.
Hire Purchase
Ideal for businesses seeking asset ownership at the end of the term, mostly if the asset has a long lifespan & high resale value.
Asset Finance May Allow You To Pay Less Tax
Hire purchase results in guaranteed ownership of the asset, which means it often qualifies for the government’s ‘full capital expensing’ tax allowance. This allows you to deduct the asset’s value from your company profits and therefore pay less corporation tax. With lease finance , often the whole or part of your monthly payment can be deducted from your balance sheet, as the lease may be treated as an operating cost. This again results in you paying less corporation tax. We always advise checking your own tax liabilities with your accountant.
Find out if Asset Finance is right for your business
When you work with our team at Portman, we take away the stress and uncertainty, so you can rely on us to secure the best business asset finance deal for your needs. In fact, we’ve made finding out how much you could potentially borrow and the monthly repayments even easier with our asset finance calculator. If you need more information, why not contact us and speak to our expert team?
“SME asset finance new business increased 7% in 2023 to £23.5bn, according to Financing & Leasing Association data. In nominal terms this was the third increase in a row and the highest level on record, £1.6bn above the 2022 total. It followed a rise of 11% in 2022 and 23% in 2021. The increase highlights the continued rebound in the level of new business as supply chain pressures eased and smaller businesses looked to replace ageing vehicles and machinery.”
– Small Business Finance Market Report 2024, British Business Bank (BBB)
