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With Hire Purchase, you choose the hydroponics asset and supplier, then the lender assesses your business and the asset’s value and suitability as security. If approved, the lender funds the purchase and the business repays over the agreed term. Ownership transfers at the end of the agreement, subject to payments being made. Typical amounts for SMEs are often £5,000 to £500,000 per asset or package, with terms commonly between 12 and 60 months.

Asset-backed leasing is designed to finance identifiable equipment while preserving cash for day-to-day operations. The leasing company evaluates your application, trading cash flow and the equipment’s durability and residual value. If approved, they purchase the equipment and lease it to you, with agreed monthly rentals and conditions. Depending on the lease type, end options can include returning the equipment, renewing, or purchasing a residual. Typical SME packages are often £10,000 to £750,000.

This option can help bridge the gap between paying for grow infrastructure and receiving customer payments. The provider assesses invoice eligibility and advance levels, sets limits around customer concentration and monitors performance. If an equipment top-up is included, the equipment element still needs to be financeable, with asset eligibility and valuation considered. Invoice facilities are usually renewed periodically, while the equipment component is repaid under its own schedule. Pricing is typically variable based on the advance rate and facility charges.