WHAT IS ASSET FINANCE?
Asset finance is a flexible funding solution for businesses to access equipment machinery and vehicles they require to help their business grow, without compromising cashflow.
It can be used to fund both new and used assets including, machinery, vehicles, technology, and many other tools.
DIFFERENT TYPES OF ASSETS
Hard Assets: A hard asset refers to a tangible asset or resource with significant value. Examples of hard assets are vehicles, machinery, and plant equipment.
Soft assets: Soft assets are those generally differentiated from hard assets such as plant and machinery, vehicles and commercial property, but which typically have little or no resale value, including I.T equipment, Telecoms, security equipment, catering equipment and many more. Soft assets can also include intangible assets such as software and can be supported with a soft asset lease.
WHY CHOSE ANGLO SCOTTISH FOR ASSET FINANCE?
With years of experience supporting businesses across the UK, we provide a dedicated asset finance service to all our customers, whatever sector they specialise in.
Our expert team is here to offer you support and assistance to get the most from your asset finance solution, as well as guiding you through the whole funding process and beyond.
In addition to asset finance, we are also able to offer a number of commercial financing solutions, vehicle financing and sourcing, and prestige car finance.
Contact our team to discover how we can help your business with a range of asset finance solutions from Contract Hire to Car Hire Purchase.
Need help? Call us on 0191 410 4776
WHAT TYPES OF ASSET FINANCE WE OFFER?
There are various forms of asset finance agreements available from Hire Purchase to Soft Asset Leases; the best solution will depend on your business and objectives.
Hire Purchase (HP) is a type of finance that allows your business to buy vehicles or assets outright without having to pay the whole amount in one go. Hire purchase allows your business to spread the cost of your investment over the life of the asset, making it easier to budget.
Car Contract Hire is a popular way of financing cars and light commercial vehicles. It allows you to use the vehicles for a set period in return for a fixed monthly payment. You do not own the vehicle and at the end of the term, the vehicle is handed back to the leasing company.
An Operating Lease is an agreement that would allow your business to use an asset for a fixed period, but you won’t own the asset. It is a form of “off-balance sheet financing” that allows businesses to use assets over a fixed time period without the responsibilities of ownership.
A Finance Lease is similar to an Operating Lease, in which you can use and benefit from an asset without ownership, but the main difference is that with a Finance Lease, the asset does appear on the balance sheet of your business.
Our aim is to provide you with the most cost-effective asset finance solutions from finance leases to hire purchase finance to help your business to reach its full potential, our specialist team are all experts in their field and will be able to help and guide you to the best funding solutions for your requirements.
In addition to traditional asset financing, we can also offer refinancing or capital release. Refinancing your business assets is a quick and efficient way to access equity from your existing assets to use elsewhere within your business.
Sectors We Work InView All Sectors
At Anglo Scottish can provide Asset Finance for any circumstance across a range of sectors including:
Accessing new equipment and services is vital for schools, universities, and academies, at Anglo Scottish, we want to help you achieve this with cost-effective Education Finance.
Transport and Private Hire Finance
Whatever your requirements – whether you need to finance a coach fleet or simply fund a small bus – we can help you acquire the vehicle and organise the coach leasing or funding.
At Anglo Scottish, we’ve been working with the haulage and transport sectors for many years and have extensive experience and market knowledge in the area of truck and HGV finance.
Plant and Manufacturing Finance
At Anglo Scottish, we have decades of experience working closely with businesses in the Plant and manufacturing sector and understand their complex needs.
Office, Telecoms, IT and Technology Finance
At Anglo Scottish, we have decades of experience working with all sorts of businesses and understand the value of up-to-date equipment.
Renewable and Green Finance
We want to support sustainable energy and renewable projects to improve our customers green credentials while maintaining profitability.
Construction and Engineering Finance
At Anglo Scottish, we have decades of experience working closely with businesses in the construction and engineering sector and understand their complex needs.
Agricultural and Farming Finance
At Anglo Scottish, we have decades of experience working closely with rural business to understand their needs, and we know just how much productivity, profitability and performance can be improved by finding the right commercial finance, and asset finance solutions.
Healthcare and Medical Finance
We have decades of experience dealing with businesses in the healthcare and medical equipment sector, and our expert team can help your business identify which finance options will meet your specialist needs.
Leisure and hospitality finance
At Anglo Scottish, we have decades of experience working leisure & hospitality businesses throughout the UK and understand their needs, and specific requirements.
Vendor and Stocking Finance
Vendor finance is division of asset finance specifically tailored to businesses who sell vehicles, machinery and equipment to other businesses. Vendor finance provides a facility for businesses to offer affordable asset finance to their customers.
How does Vendor Finance work?
Businesses who are looking to purchase equipment or machinery will rarely pay cash for their purchases, preferring to the purchase assets using some sort of finance.
With vendor finance, we work with sellers and re-sellers of equipment to provide access to highly competitive asset finance solution to their customers and facilitate their sales.
Unit Stocking Finance
Unit Stocking solution offers businesses an opportunity to improve their cash flow, meet demand and potentially grow sales. It provides a simple and efficient way to fund and manage the working capital cycle in your business by releasing underutilised cash held in stock.
ACCESS TO A LARGE PANEL OF FUNDERS
With a panel of over 70 funding partners, we can quickly search the market for the best deals with the most competitive rates.
WIDE RANGE OF SOLUTIONS
We offer a range of asset funding solutions to cover every type of business need and asset type, as well as commercial finance solutions and prestige vehicle finance.
DECADES OF EXPERIENCE
Our specialist team has over 60 years of experience in finding bespoke funding solutions for businesses of all sizes and across all sectors.
Rather than relying on a computer to analyse your data, our expert team manually check every deal to make sure we can find the best deal for your requirements.
OPEN AND TRANSPARENT
We don’t charge up-front fees for our services, and we aim to find the best solution to meet your business needs.
HOW IT WORKS
Decide on the asset you need to help your business grow
Talk to us, tell us about your business and the asset you wish to acquire.
We will reach out to our panel of lenders on your behalf to gain approval.
Sign your document, once approved we’ll send you your documents to sign. After which we will transfer payment to your asset supplier.
We’ll do a final check to make sure everything is running smoothly, and you can start reaping the benefits of your new asset.
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Asset Finance and Sole TradersFor many small businesses, accessing traditional funding from banks can be challenging, this is especially true for sole traders, which is why many chose instead to utilise asset finance. We take a look at why asset finance and sole traders work so well together.