We’re working with EQUIPMENT-SALES and EuroAuctions to help you purchase assets at auction quickly and efficiently.
If you are hoping to purchase a tractor, or large asset at auction please contact us in advance to discuss your needs and requirements. Our team is on hand to help you access the best finance agreement available to make sure that the funds can be made available quickly after the auction has ended.
Read our blog, Purchasing Assets at Auction: What you need to know.
To find out more and to discuss our Asset Finance and Commercial Finance Solutions, get in touch with one of our dedicated team members:
Tel: 0191 410 4776
Email: Enquiries@angloscottishfinance.co.uk
Benefits of Asset Finance:
- Spread the cost and manage cashflow
- Access the latest machinery and equipment
- Quick and easy process to finance new equipment
Need help? Call us on 0191 410 4776
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.
We’re delighted to be able to offer Fleet Alliance customers a number of different solutions.
DIFFERENT TYPES OF AGREEMENTS
Hire Purchase
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.
Operating Lease
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.
Finance Lease
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.
Refinance
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.
In addition to typical Asset Finance, we are also able to offer comprehensive vehicle finance at exceptionally low rates. This includes:
Car Finance
We offer competitive rates on both new and used cars, so whether you’re looking for a practical family car, a “hot hatch”, or a reliable SUV, we can help.
Caravan, Motor home, and Campervan Finance
If you’re looking for a caravan, campervan, motor home, or even a luxury lodge, we can help. We have a number of caravan and motorhome finance options to suit all requirements.
Motorcycle Finance
Whether you’re looking to beat the traffic on your morning commute, tear around racecourse on track days, or explore the countryside on a touring bike, we can help with motorcycle financing options.
Prestige Car Finance
We’re experts in funding vehicles from £25,000 all the way up to £1 million and above and offer bespoke packages and tailored support to assist you throughout the buying process.
Decide
Decide on the asset you need to help your business grow
Talk
Talk to us, tell us about your business and the asset you wish to acquire
Reach
We will reach out to our panel of lenders on your behalf to gain approval
Sign
Sign your document, once approved well send your documents to sign. After which we will transfer payment to your asset supplier
Final Checks
We’ll do a final check to make sure everything is running smoothly, and you can start reaping the benefits of your new asset