Top 10 Technology Asset Finance Providers in the UK 2026
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Top 10 Technology Asset Finance Providers in the UK
| Rank | Lender | Best for | Published loan range | Loan rate |
|---|---|---|---|---|
| 1 | Lombard | Technology firms funding large-scale IT infrastructure and hardware upgrades | Up to £5,000,000 | interest 4% to 11.5% monthly |
| 2 | Liberty Leasing | Mid-sized tech businesses financing hardware, software, and IT equipment | £10,000 to £2,000,000 | interest 11% to 16% annually |
| 3 | Reward Funding | Established technology companies funding major IT and infrastructure projects | £100,000 to £5,000,000 | interest 0.99% to 3% monthly |
| 4 | Iwoca | Tech startups and early-stage IT firms needing flexible working capital | £0 to £1,000,000 | interest 1.6% to 5.6% monthly |
| 5 | Capify (includes Rapital) | Growing technology businesses financing IT assets with revenue-based repayments | £10,000 to £1,000,000 | factor 1.1% to 1.35% monthly |
| 6 | Nucleus Commercial Finance | Small to mid-sized tech firms combining asset and unsecured finance | £3,000 to £2,000,000 | mixed 1.15% to 17.5% monthly |
| 7 | Bizcap | Technology businesses needing fast decisions on IT equipment funding | £5,000 to £750,000 | factor 1.1% to 1.4% monthly |
| 8 | Fleximize | Established tech firms with seasonal or project-driven IT spending cycles | £10,000 to £500,000 | interest 0.9% to 3.6% monthly |
| 9 | Funding Circle | Technology businesses seeking longer-term fixed-rate asset funding | £10,000 to £750,000 | interest 18% to 24% annually |
| 10 | Lloyds Bank | Smaller technology firms preferring bank-backed asset finance for IT kit | £1,000 to £50,000 | interest 10.65% to 11.2% annually |
Asset finance lets businesses spread the cost of technology purchases — from servers and laptops to specialist software — by using the asset itself as security. For UK tech firms, this means preserving cashflow while staying current with rapidly evolving IT infrastructure. Instead of large upfront payments, repayments are structured over the asset's useful life, aligning costs with the value the equipment generates.
Comparing technology asset finance providers goes beyond headline rates. Consider whether lenders understand technology assets specifically, as some may undervalue intangible IT investments. Look at rate structure — monthly versus annual interest — and how loan limits align with your hardware refresh cycles. Funding speed matters too, particularly when replacing critical infrastructure. Also weigh minimum turnover and trading history requirements alongside sector expertise.
Important note:
Funding Agent
Published loan rangeFrom £10,000 to up to £1,000,000
Rate typeInterest from 6.8% annually
Why it is included:It is included because many business owners need to compare several finance routes before choosing where to apply.
Funding Agent can help businesses compare suitable options across a lender panel, especially when eligibility depends on turnover, sector, trading history, credit strength and available documents.
Best use case: When the borrower wants to avoid applying to one lender at a time.
More info
Company stats
Eligibility
Loan range
Rates and debtor rules
Why it stands out
- Useful when a business wants to compare lender fit rather than guess which lender to apply to first.
- Can help position the application around the funding purpose, trading profile and available documents.
- Works well as a conversion route for readers who are unsure whether a direct lender will approve a larger unsecured facility.
Need to know
- Funding Agent is a broker, not a lender.
- The lender, not Funding Agent, sets the final rate, term, fees and approval decision.
- The best match may be unsecured, secured, revolving credit, invoice finance or another product depending on the case.
Expert take
Funding Agent is a useful honourable mention for business owners who want to compare lender options before submitting a full application. A larger unsecured loan is not always approved by the first lender a business finds, so understanding lender fit early can reduce wasted time and avoid unnecessary declines.
Lombard
Published loan rangeUp to £5,000,000
Rate typeinterest 4% to 11.5% monthly
Overview: Competitive rates make Lombard a strong pick for financing high-value IT infrastructure. Funds servers, networking kit, and software platforms through hire purchase or leasing, with terms aligned to the asset's working life. Approval can come within 24 hours. Asset eligibility checks apply, and some technology hardware may require a deposit.
Best next step: Check Lombard's technology asset finance terms
More info
Company stats
Eligibility
Loan range
Rates and debtor rules
Benefits
- Funds IT hardware and software purchases
- Competitive rates on larger tech investments
- 24-hour approval on eligible assets
Need to know
- Asset eligibility checks required for tech kit
- Some hardware may need an upfront deposit
- Early settlement charges may apply
Expert take
A longstanding asset finance specialist with deep technology leasing experience. Lombard suits established businesses financing substantial IT upgrades where competitive pricing on a £100,000-plus facility makes a genuine difference to total cost.
Source:https://www.lombard.co.uk/
Liberty Leasing
Published loan range£10,000 to £2,000,000
Rate typeinterest 11% to 16% annually
Overview: Funding lands within 24 hours, which matters when a server failure or cybersecurity gap demands immediate replacement. Liberty Leasing structures hire purchase and lease agreements around the hardware's depreciation profile, keeping repayments predictable. Suitable for mid-range tech spends from £10,000 upward. Annual interest pricing means costs stay transparent across the term.
Best next step: Explore Liberty Leasing for fast tech funding
More info
Company stats
Eligibility
Loan range
Rates and debtor rules
Benefits
- Same-day decisions on technology assets
- Annual interest keeps costs transparent
- Structures repayments around asset life
Need to know
- Minimum facility size is £10,000
- Asset type affects the rate offered
- Personal guarantee may be needed
Expert take
A responsive leasing provider that moves quickly on straightforward technology deals. Liberty Leasing works well for SMEs needing to replace or add IT equipment without tying up working capital, particularly where annual-rate transparency matters.
Reward Funding
Published loan range£100,000 to £5,000,000
Rate typeinterest 0.99% to 3% monthly
Overview: Facilities reach £5 million, making Reward Funding a fit for data centre builds, full office tech fit-outs, or rolling hardware refresh programmes. Monthly pricing starts below 1%, keeping larger technology projects affordable over the term. The secured structure means strong businesses can access significant capital. Property-backed security is the trade-off for that scale.
Best next step: See Reward Funding's large-scale tech finance options
More info
Company stats
Eligibility
Loan range
Rates and debtor rules
Benefits
- Up to £5 million for major tech projects
- Monthly rates start under 1%
- Flexible drawdown for phased rollouts
Need to know
- Property security required for larger facilities
- Valuation and legal costs may apply
- Limits can be reviewed or adjusted
Expert take
A high-capability secured lender built for enterprise-grade technology deployments. Reward Funding fits mid-market and larger businesses where the asset pool is broad and the finance need sits well above typical equipment leasing thresholds.
Source:https://rewardfunding.co.uk/
Iwoca
Published loan range£0 to £1,000,000
Rate typeinterest 1.6% to 5.6% monthly
Overview: Iwoca's secured term loan can fund technology purchases for businesses that already hold property or significant assets. Borrowing up to £1 million works for complete IT overhauls or multi-site hardware rollouts. Monthly interest pricing sits between 1.6% and 5.6%, depending on the security offered and trading strength. A personal guarantee is typically required.
Best next step: Check Iwoca's secured loan for tech purchases
More info
Company stats
Eligibility
Loan range
Rates and debtor rules
Benefits
- Funds technology purchases up to £1 million
- Secured structure can lower pricing
- Established online application process
Need to know
- Requires property or asset security
- Strong trading history expected
- Personal guarantee likely required
Expert take
A well-known fintech lender whose secured facility can be repurposed for technology investment. Iwoca suits established SMEs that prefer a straightforward term loan over asset-specific leasing, provided they have security to offer in return for better pricing.
Source:https://www.iwoca.co.uk/
Capify (includes Rapital)
Published loan range£10,000 to £1,000,000
Rate typefactor 1.1% to 1.35% monthly
Overview: Capify opens technology funding to businesses that may not fit conventional asset finance criteria. The secured term loan structure, with pricing from a 1.1% monthly factor, can cover hardware, software, or IT infrastructure upgrades of £10,000 to £1 million. Turnaround is fast at 24 hours. Factor-rate pricing means the total cost merits close attention.
Best next step: View Capify's technology funding options
More info
Company stats
Eligibility
Loan range
Rates and debtor rules
Benefits
- Accessible to businesses outside prime criteria
- Covers IT hardware and software
- 24-hour funding turnaround possible
Need to know
- Factor-rate pricing applies to all facilities
- Security required for larger loan amounts
- Personal guarantee may be requested
Expert take
A flexible secured lender that takes a broader view of eligibility. Capify can work for technology purchases where the business has assets to secure the loan but may not meet the strict underwriting of traditional asset finance houses.
Source:https://capify.co.uk/
Nucleus Commercial Finance
Published loan range£3,000 to £2,000,000
Rate typemixed 1.15% to 17.5% monthly
Overview: A loan range from £3,000 to £2 million means Nucleus covers everything from a single server purchase to a full technology infrastructure deployment. Monthly pricing spans 1.15% to 17.5%, reflecting how widely eligibility stretches across risk profiles. The secured structure can accommodate businesses with uneven trading histories. Approval within 24 hours keeps procurement timelines moving.
Best next step: Explore Nucleus for flexible tech finance
More info
Company stats
Eligibility
Loan range
Rates and debtor rules
Benefits
- Covers small to large tech purchases
- Wide eligibility across risk profiles
- 24-hour decisions keep projects moving
Need to know
- Higher-risk pricing reaches 17.5% monthly
- Security is required for the facility
- Trading history affects the rate offered
Expert take
A broad-spectrum secured lender whose wide loan band makes it usable for almost any technology budget. Nucleus fits businesses that need a lender capable of handling both modest hardware refreshes and large-scale IT infrastructure projects under one roof.
Bizcap
Published loan range£5,000 to £750,000
Rate typefactor 1.1% to 1.4% monthly
Overview: Decisions in three hours make Bizcap the fastest route to technology funding on this list. The revolving credit and secured term loan structure suits businesses that need immediate hardware replacement or cannot wait through lengthy asset finance underwriting. Facilities run from £5,000 to £750,000 with factor-rate pricing. Speed comes at a premium, so costs sit above traditional leasing.
Best next step: Get rapid tech funding through Bizcap
More info
Company stats
Eligibility
Loan range
Rates and debtor rules
Benefits
- Funding decisions within three hours
- Revolving credit for ongoing tech needs
- Up to £750,000 available
Need to know
- Factor-rate pricing raises total cost
- Security required for larger facilities
- Limits can be reviewed or withdrawn
Expert take
A speed-first lender built for urgency. Bizcap suits technology purchases where downtime is costly and a three-hour decision outweighs the higher pricing, such as replacing failed critical infrastructure or seizing a time-sensitive hardware deal.
Source:https://www.bizcap.co.uk/
Fleximize
Published loan range£10,000 to £500,000
Rate typeinterest 0.9% to 3.6% monthly
Overview: Monthly rates from 0.9% make Fleximize one of the more cost-effective secured options for technology spending between £10,000 and £500,000. The term loan structure offers predictable monthly repayments that simplify budgeting for planned IT upgrades. Approval arrives within 24 hours. The rate you receive depends heavily on the security quality and trading record you bring.
Best next step: Check Fleximize's tech loan rates
More info
Company stats
Eligibility
Loan range
Rates and debtor rules
Benefits
- Competitive monthly rates from 0.9%
- Predictable term loan repayments
- Up to £500,000 for tech projects
Need to know
- Property or asset security required
- Rate depends on trading history
- Personal guarantee typically needed
Expert take
A structured secured lender with pricing that rewards stronger applications. Fleximize fits businesses planning methodical technology upgrades where a fixed monthly repayment and a competitive headline rate make the total cost easier to manage.
Source:https://fleximize.com/
Funding Circle
Published loan range£10,000 to £750,000
Rate typeinterest 18% to 24% annually
Overview: Funding Circle's institutional backing means consistent access to capital for technology projects up to £750,000. Annual interest rates of 18% to 24% reflect the unsecured-to-secured spectrum, and the 48-hour funding window suits planned rather than emergency IT purchases. The platform's longevity brings reliability, though rates sit higher than pure asset finance for comparable security.
Best next step: See Funding Circle's business loan for tech
More info
Company stats
Eligibility
Loan range
Rates and debtor rules
Benefits
- Established platform with consistent funding
- Loans up to £750,000 for IT projects
- Term loans with clear repayment schedules
Need to know
- Annual rates of 18% to 24%
- 48-hour funding, not same-day
- Strong trading history expected
Expert take
A marketplace lender with a long track record in UK business credit. Funding Circle works for technology investments where reliability of funding matters more than speed, and where the business can absorb the higher annual interest cost.
Lloyds Bank
Published loan range£1,000 to £50,000
Rate typeinterest 10.65% to 11.2% annually
Overview: Lloyds Bank brings mainstream asset finance to technology purchases, with annual interest between 10.65% and 11.2% keeping costs predictable over the term. Hire purchase and leasing structures suit hardware from £1,000 to £50,000. Existing business banking customers may find the relationship smooth, though bank underwriting takes longer and demands stronger financials than alternative lenders.
Best next step: Check Lloyds Bank asset finance for tech
More info
Company stats
Eligibility
Loan range
Rates and debtor rules
Benefits
- Predictable annual interest rates
- Trusted high-street banking brand
- Hire purchase and leasing available
Need to know
- 48-hour minimum turnaround time
- Stricter underwriting than alternative lenders
- Strong financials and trading history needed
Expert take
A high-street banking option for technology asset finance. Lloyds suits businesses that value the stability of a mainstream lender and can meet the more demanding credit requirements, particularly for smaller hardware acquisitions under £50,000.
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How technology asset finance works for UK businesses
Technology asset finance lets your business acquire IT equipment, hardware and software without paying the full cost upfront. The lender buys the tech assets on your behalf or advances funds against them. You then repay the cost in fixed instalments over an agreed term.
Because the equipment itself secures the finance, lenders can often offer more competitive rates than unsecured borrowing. The asset stays on your balance sheet while you use it day to day. At the end of the agreement, you typically have three choices: buy the asset outright for a nominal sum, return it, or refinance and upgrade to newer technology.
This structure works well for technology because it aligns the cost of the kit with the revenue it generates. It also helps preserve working capital for other business priorities such as hiring, marketing, or product development.
What types of technology assets can you finance
Most technology asset finance providers in the UK cover a broad range of IT and tech equipment. Commonly financed assets include servers, desktop computers, laptops, networking hardware, cybersecurity appliances, phone systems, and audio-visual kit. Many lenders also fund software licences, cloud migration projects, and bespoke development platforms, though terms for intangible assets can vary between providers.
Some businesses use asset finance for office-wide tech refreshes, fitting out new premises, or onboarding remote-working infrastructure. Whether you need a single high-value piece of specialist equipment or a fleet of devices, lenders on this list offer facilities from as low as £1,000 through to £5,000,000 depending on the provider.
Both new and refurbished equipment can qualify, though lenders may apply different loan-to-value ratios on second-hand kit. Always confirm the asset type with your broker or lender before committing.
Typical rates and terms for technology asset finance in the UK
| Provider | Published rate range | Rate type |
|---|---|---|
| Reward Funding | 0.99% to 3% monthly | Interest |
| Lloyds Bank | 10.65% to 11.2% annually | Interest |
| Lombard | 4% to 11.5% monthly | Interest |
| Funding Circle | 18% to 24% annually | Interest |
Rates vary significantly across the market. Reward Funding publishes rates from 0.99% to 3% per month, while Lombard's range spans 4% to 11.5% per month. Lloyds Bank and Funding Circle quote annual rates: 10.65% to 11.2% and 18% to 24% respectively. Terms can run from as little as one month up to ten years depending on the lender and the asset type.
Your actual rate will depend on asset value, business credit profile, trading history, and the structure of the agreement. Most providers require a personal guarantee, though homeowner status is only required by a minority of lenders on this list.
Asset finance versus unsecured loans for technology purchases
When financing technology, UK businesses typically choose between asset-based lending and unsecured business loans. With asset finance, the equipment itself acts as security. This means lenders focus on the value and lifespan of the asset rather than solely on your credit score or trading history. It can also result in lower rates because the lender has a tangible fallback.
Unsecured loans, by contrast, do not tie borrowing to a specific asset. This gives you more flexibility on how you spend the funds, but eligibility thresholds can be stricter. For example, lenders such as Iwoca and Nucleus Commercial Finance offer unsecured facilities alongside asset products, with minimum turnover requirements starting from £5,000 and £50,000 respectively.
For pure hardware and equipment purchases, asset finance often proves cheaper and easier to access. If your technology spend spans multiple categories including services, integration, or staff training, an unsecured facility may give you broader scope.
