Access or acquire assets you need without disrupting your cashflow.
Equipment, machinery, vehicles or tech, whatever it is you require, asset finance can give you access to working assets or raise money against existing business assets.
From leasing, refinancing to hire purchase, multiple options are available to match your cash flow requirements.
Our team's expertise could help you determine how asset finance would compliment your situation.
“Touch Financial was able to provide me with information incredibly quickly, and the information was helpful and actionable.”
The vast majority of businesses use some form of asset such as machinery or technology to deliver products or services to their customers. Asset finance can support your working capital needs by essentially giving you access to assets which can help your business grow or refinance your existing assets so you have funds to reinvest.
Almost any type of asset can be applied for through asset finance facilities. Some popular examples include machinery, equipment, vehicles, furniture, computer systems, leasehold improvements and more. In the case of financing equipment for example, lease or hire purchase contracts would accept assets worth £5,000 or more.
Instead of paying thousands of pounds in an upfront lump sum, hire purchase provides the option to spread the cost of the asset’s value over an agreed time period including some additional interest. Once the contracted final instalment is paid, you become the owner of the asset. This product is appropriate if you wish to retain the asset beyond the finance contract.
This product is appropriate if you have no intention for asset ownership once the agreement is reached. Assets can be used in line with a contract involving agreed rental payments plus VAT for an agreed period of time.
Want to learn more about asset financing or how to improve your cash flow? Our consultants are experts in understanding businesses of all sizes within all sectors and can help you to identify suitable funding options.
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