FINANCE OPTIONS
Asset finance for plant machinery – Get a Quote
Asset finance for plant machinery means getting a loan or lease to buy big equipment like cranes or diggers, so you can use them for work without paying the full price upfront. It helps your business grow by spreading the cost over time. Interested in learning how this can help you? Get in touch to find out more!
- Fastest and easiest application process
- Dedicated support
- Loan disbursed within 24 hours
- No additional charges for early repayment
What are the benefits of Asset finance for plant machinery?
Asset finance for plant machinery allows businesses to acquire essential equipment without paying the full cost upfront. This financial solution is helpful for managing cash flow and ensuring that firms can invest in the right machinery for their operations while spreading costs over time.
Preserves cash flow
Flexible payment options
Tax benefits
SCALE YOUR BUSINESS TO NEW HEIGHTS
200+
Providers
Providers
What are the different types of Asset finance for plant machinery?
Hire Purchase
A purchase agreement where the business pays in instalments and owns the machinery after the last payment.
Finance Lease
A long-term leasing arrangement where the business rents the machinery and can buy it at the end of the term.
Operating Lease
A short-term lease where the lender retains ownership and the business uses the machinery for a set period.
What is asset finance for plant machinery?
Hire Purchase
With hire purchase, you pay an initial deposit and then pay off the remaining cost of the plant machinery through monthly instalments. Once the last payment is made, you own the equipment. During the term, you are responsible for maintaining the machinery.
Finance Lease
A finance lease lets a business rent plant machinery from a leasing company, paying regular monthly amounts that usually cover most or all of the equipment’s value. The business is responsible for insurance and maintenance. At the end, you might extend the lease, return the machinery, or sometimes sell it on the lessor’s behalf.
Operating Lease
Operating leases let businesses rent plant machinery for a short or medium period. Payments are regular and fixed, often making it cheaper than a finance lease. The business can regularly upgrade equipment, but ownership of the machinery remains with the lender.
Real Scenarios
Construction Company Needing Fast Working Capital
Situation
A construction firm had a short-term cash gap before a large invoice was paid and needed £85,000 to cover materials and payroll.
Challenge
Traditional bank applications were too slow; they needed a decision and funds within days.
Outcome
Funding Agent matched them with a lender; they received a working capital facility and bridged the gap until the invoice was paid.
Ecommerce Business Preparing for Peak Season
Situation
An online retailer needed around £120,000 to stock up ahead of Black Friday and the Christmas rush.
Challenge
They wanted flexible terms and a quick turnaround so stock could be ordered in time.
Outcome
Through Funding Agent they secured a facility, placed orders in time and managed peak demand without cash flow stress.
Marketing Agency Using Invoice Finance
Situation
A marketing agency had strong clients and reliable invoices but often waited 60–90 days for payment.
Challenge
They needed to unlock cash tied up in unpaid invoices to pay staff and take on new projects.
Outcome
Funding Agent connected them with an invoice finance provider; they now access funds against approved invoices and smooth out cash flow.
Property Developer Using Bridging Finance
Situation
A developer needed short-term finance to complete a purchase before selling an existing property.
Challenge
They required a fast decision and flexible terms to align with the sale timeline.
Outcome
Funding Agent matched them with a bridging lender; they completed the purchase and repaid the facility when the sale completed.
FAQ’S
How does asset finance help construction firms with plant machinery?
Can farmers use asset finance for agricultural machinery?
Is asset finance available for manufacturing or logistics sectors?
What types of plant machinery can be financed?
DIVE DEEPER
We Like To Keep Things Simple
Match with
150+
Lenders
Loans from
£1000
to
£1m
to
£1m
zero hidden fees
