Buying equipment, replacing a vehicle or funding growth? Find your starting point.
Work out which finance product fits your situation before you commit to one. Compare the options side by side below, then head to the full page for whichever one fits.
Compare the purpose, ownership and payment structure of each option.
Most businesses arrive needing money for an asset. The right answer depends on whether you want to own it, use it, release cash from it, or fund something that is not tied to equipment at all.
Own your equipment
Spread the cost of equipment or vehicles, with ownership at the end of the agreement.
Hire purchase spreads the cost of equipment, machinery or vehicles over a fixed term. You use the asset from day one and own it outright once the agreement is complete.
Use the equipment you need
Spread the cost through regular rentals, with options to suit how long you need the equipment.
Equipment leasing keeps the upfront cost lower and spreads VAT across the rentals. It works well when the asset may need replacing, upgrading or reviewing at the end of the term.
Release cash from existing assets
Use the value in equipment your business already owns to raise funds while keeping it working.
Asset refinance turns value already sitting in machinery, vehicles or plant back into working capital. The equipment stays in your business and keeps earning while the cash is released.
Fund your next business move
Funding for working capital, stock, hiring and other business costs beyond a single asset.
Business loans are flexible funding for costs that are not tied to one asset. They can support stock, hiring, tax, marketing, a fit out or short-term working capital pressure.
Keep your business moving
Explore finance for vans, trucks and specialist vehicles, shaped around your business use.
Commercial vehicle finance helps fund vans, trucks, HGVs and specialist vehicles. The right structure depends on how long you will keep the vehicle, your mileage and your VAT position.
You do not need to arrive with a product in mind. Tell us what you want to fund and our team will explain the differences.
