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Asset Finance

An alternative finance solution

We aim to ensure that we find you the best possible financial solution for your individual circumstances and by working with one of our team of alternative Finance Advisors, we ensure we fully understand your requirements and gather the appropriate information in order to move your application forward.

The factor that links these two types of finance is that the lending is not secured by your residential or commercial premises. This means that your prime collateral is not tied up and can be protected, or used for other purposes.

Asset finance is an ideal way to fund a number of non-property assets within the business and almost anything can be financed this way, including:

  • Vehicles and transport
  • Plant and machinery
  • Equipment
  • Refurbishments of buildings

The types of asset vary greatly and different lenders have different appetites depending on the their attitude to risk – this in turn reflects exactly what sort of deposit is required and also what rates are offered.

The term of the loan is determined by the useful life of the asset and the strength of the business and its ability to repay the debt.

Options vary from leasing to lease purchase and hire purchase depending on the client’s requirement.

 

Read our case studies on Asset Finance to find out how we have helped businesses across the UK!

It is vital that whilst you concentrate on your business, you don’t get hampered by reams of paperwork and countless phone calls. We will act from the point of enquiry to the release of funds, taking care of negotiations with the lender and over-viewing all documentation ensuring you the best possible deal in the marketplace for your circumstances from the extensive panel of lenders we work with. As full members of the NACFB and fully regulated by the FCA, you can be sure you are dealing with trusted and fully regulated advisors.

If you would like to explore further any of the possibilities in this area then please do give us a call on 01625 421 976 or drop us an email with your enquiry details including name and contact number at info@2xlcommercial.com and one of our team of advisers will give you a call back. 

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