^Commercial Finance Ireland - Get a Quote

Through asset finance, businesses can secure funding between £5,000 and £500,000 for essential assets. Typically, you need at least six months’ trading history and a minimum turnover of £10,000. Repayment terms run from 12 to 72 months at 3% to 15% APR, depending on asset and credit rating. This funding route is especially useful for acquiring equipment in manufacturing, construction, or transportation without the need for immediate capital.

This solution allows businesses to submit unpaid invoices and receive a cash advance, typically within 24 hours, with funds becoming available as invoices are issued. Terms are usually up to 12 months and rates range from 1% to 3% of the invoice, plus any service fees. Common in wholesale, retail, and logistics, it helps resolve cash flow issues from slow-paying clients.

For businesses with at least one year of trading history and a turnover above £50,000, this revolving facility allows money to be drawn as needed. Annual review of terms keeps funding relevant. Interest rates range from 6% to 20% APR, influenced by usage and credit standing. Suitable for managing seasonal fluctuations or covering unforeseen expenses in sectors like hospitality and services.