How does Asset Finance work?
Asset Finance is a form of financing that allows you to get your hands on business assets like equipment, machinery, and vehicles without having to purchase them upfront. It can be a simple way to spread the cost of new business purchases over an agreed period of time.
Benefits:
Can help put your business growth plans into action
It can enables you to release cash from the value of assets you already own
Improve your cash flow
Types of Asset Finance:
Hire purchase
Finance lease
Equipment leasing
Contract hire
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