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Asset Finance

Asset Finance

Asset finance allows your business to purchase the equipment it needs and pay for it over a time period to suit you rather than paying upfront. This financing method makes the initial investment more affordable which will have a much lesser impact on your cash flow and it will enable you to drive forward and grow your business.

There are many different types of asset finance and two of the most widely used are hire purchase and leasing. All of these options enable you to spread the cost of your investment by breaking it down into manageable monthly payments. The exact terms of your agreement are largely dependent on which financing option you choose and how much you are looking to borrow.

We know that whatever your business, in order to grow and succeed, you are likely to need to invest in assets along the way. Whether it is the purchase of machinery, a vehicle, or new computer systems/software, it all comes with a significant cost which can hamper cash flow and perhaps your ability to fulfill orders, if cash is not immediately available when required.

Why Asset Finance?

Asset finance is a great way of purchasing capital assets for your business. The assets themselves form the security for the lender. It is quick to arrange and enables your business to acquire assets with the cost spread over the anticipated lifespan of the items. It is easy to budget for the regular repayments and to protect your cash flow.

Once an agreement has been reached via an asset finance broker and the purchase has been made, you will start to make monthly payments to your lender until you have paid off the full cost of the asset plus interest and any fees. Your lender takes the asset as security whilst the finance agreement is in place.

Asset finance is suitable for businesses who find themselves in the position of needing new equipment to grow, start out, or replace their existing assets.


You will be able to negotiate fixed payments with your lender which can help you plan your business budgets to manage liabilities and grow as required. Your lender will also take the asset as security so there will generally be no charge over your home providing you with peace of mind.

The ability to obtain the latest equipment

Asset finance allows you to purchase goods which you may not otherwise be able to afford. Having the latest equipment can promote sales or allow you to keep pace with technology. All this can make your business more efficient, reliable, and productive by meeting delivery dates, achieving better margins, and becoming more competitive.


You will be able to pay off your finance agreement over a number of months or years within the anticipated lifespan of the asset. It is quick and simple to set up your facility so you can focus on running your business.

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    What our clients say

    “I have worked with Bespoke for several years now and have built up a very trusting relationship with the team. They’re always professional, deal with customers very fairly and ensure they’re offered the most effective solutions to meet their needs. I have no reservations in dealing with Bespoke and their abilities to provide suitable solutions for customers.

    — Scott Campbell

    Head of Barclays Business Sales

    I have recommended Bespoke’s services to a number of our clients, both that have existing factoring facilities and also to clients who are looking at their financing options. The service provided has always been exceptional and the feedback from these clients has been nothing but praise. I would therefore highly recommend the Bespoke team.

    — Tim Pearce

    Managing Partner, Haines Watts

    We contacted Bespoke as we were looking for an invoice finance facility to support the business due to our fast growth. They didn’t disappoint! They gave us first-class advice and support and within a week had provided us with a choice of competitive funding options. Bespoke worked with us through the decision process and helped us secure a finance facility which was ideal for our business and offers the flexibility for future growth. A-first class service throughout.

    — Paul Davison

    Director, Nutraformis

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