FINANCE OPTIONS

^Equipment Finance – Get a Quote Today

Q: What is the typical loan amount for equipment finance?

Equipment finance options allow UK businesses to borrow between £1,000 and £500,000. The exact amount depends on your business credit rating, the type of equipment you need, and the sector you operate in.

Q: How long does equipment finance approval take?

Most equipment finance applications receive a decision in 3 to 10 business days, with funds or equipment typically available within 14 days after approval if your application and documents are complete.

Q: What are the interest rates and possible fees?

Equipment finance rates usually range from 5% to 20% APR. Additional fees may include set-up charges, maintenance costs, or penalties for early repayment depending on the provider and agreement.

Q: What types of equipment finance can I choose from?

UK SMEs can explore Hire Purchase for eventual ownership, Finance Lease for medium to long-term use without ownership, and Operating Lease for flexible short-term access to necessary equipment.

Equipment finance offers UK SMEs a practical way to acquire the machinery or technology needed for daily operations without large upfront payments. With this form of finance, businesses can spread the cost of essential equipment over an agreed period while keeping cash flow healthy. By accessing equipment finance, companies benefit from improved capital allocation, the ability to upgrade to newer technology, and potential tax advantages. It is a popular choice for businesses wanting to invest in assets while supporting ongoing growth.

Equipment Finance

Secure up to £1,000,000 in Equipment Finance with Funding Agent.

Fastest and easiest application process
Dedicated support
Loan disbursed within 24 hours
No additional charges for early repayment

Apply Now

Key ^Benefits of Equipment Finance

Equipment finance can be a strategic solution for UK businesses aiming to modernise or expand. Transparent rates and regular repayment schedules make this form of borrowing easy to manage. Decision timescales are typically between 3 and 10 business days, and Funding Agent connects you to a wide lender panel for tailored terms.

Preserves cash flow

Tax benefits available

Access to modern equipment

SCALE YOUR BUSINESS TO NEW HEIGHTS

Types of Equipment Finance

Hire Purchase

Hire Purchase enables businesses to acquire equipment by paying in instalments, with ownership transferring at term end. Suitable for businesses with at least one year’s trading history and amounts from £5,000 to £500,000.

Hire Purchase

Through Hire Purchase, the lender buys the required equipment, and your business repays this over 12 to 60 months, typically at 5% to 15% APR. Once the agreement ends, full ownership transfers to your business. Commonly used for machinery, vehicles, or advanced technology, it suits sectors that rely on heavy or essential equipment for operations, learn more about how to choose between hire purchase, leasing, and loan for equipment.

Finance Lease

Finance Lease gives businesses use of equipment over a set period without full ownership. Designed for firms with at least two years' trading history and strong cash flow, typically for £10,000 to £250,000.

Finance Lease

With a Finance Lease, the lender retains ownership while your business pays to use the asset for 12 to 84 months, at 7% to 20% APR. It is well-suited for office, IT, or transport equipment where regular upgrades are preferred, and there’s no need to own the asset at the end of the lease.

Operating Lease

Operating Lease offers short-term equipment use, ideal for companies with good credit seeking flexibility. Amounts range from £1,000 to £100,000 and terms typically last 6 to 36 months.

Operating Lease

Operating Leases allow your business to rent equipment for a period shorter than its useful life, with the lessor retaining ownership. This option is popular for temporary or project-based equipment, provides cost efficiency, and benefits industries with changing or seasonal needs.

Typical Funding Journeys on Funding Agent

Submit your funding request

Our platform enriches your application using business data

Your request is matched to suitable lenders

Receive offers and proceed with the best option

How to Apply with Funding Agent

Complete an Online Form

Enter your business and equipment details into the online application form so your application can be assessed efficiently by lenders in the Funding Agent panel.

Compare Offers

Access multiple tailored finance proposals, enabling you to select terms, rates, and repayment structures that suit your business priorities.

Secure Funding

Finalise your chosen agreement with the selected lender and arrange for the release of funds or equipment acquisition as required.

Get Funding For your business

Generate offers

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

What is the typical loan amount for equipment finance?

How long does equipment finance approval take?

What are the interest rates and possible fees?

What types of equipment finance can I choose from?

DIVE DEEPER

June 24, 2025

We Like To Keep Things Simple

Match with

150+

Lenders

Loans from

£1000
to
£1m

^Equipment Finance – Get a Quote Today

Key ^Benefits of Equipment Finance

SCALE YOUR BUSINESS TO NEW HEIGHTS

Types of Equipment Finance

Hire Purchase

Hire Purchase

Finance Lease

Finance Lease

Operating Lease

Operating Lease

Typical Funding Journeys on Funding Agent