Equipment Finance & Loans - Offer your customers finance, and increase your revenue
We work with equipment and machinery suppliers throughout the UK.
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Unlock your business potential with flexible financing solutions that preserve cash flow while giving you immediate access to essential business equipment.
Transform Your Business Operations
Every successful business knows that having the right equipment is crucial for growth and competitiveness. While some companies may consider the option to buy outright, this can be financially challenging due to the large upfront capital required.
Whether you need new machinery, commercial vehicles, or specialist equipment, the challenge remains the same: how do you acquire these essential assets without impacting cash flow or exhausting your available funds? When comparing buying equipment outright to equipment finance, it’s important to consider the financial implications, buying equipment often means a significant immediate expense, whereas equipment finance offers more flexibility.
The decision-making process between purchasing equipment directly and opting for leasing or financing should take into account your business’s cash flow, long-term goals, and industry needs. Equipment finance provides the perfect solution, allowing UK businesses to avoid paying the full cost upfront and instead spread equipment costs over manageable pay monthly payments while preserving working capital for other business purposes.
Why Choose Equipment Finance?
Equipment financing offers distinct benefits that make it the preferred choice for medium sized businesses and established companies looking to acquire equipment efficiently.
Preserve Cash Flow
Spread equipment costs over 12-84 months instead of paying large upfront costs that can strain your business finances, freeing up money for other areas of your business such as expansion or marketing.
Access Latest Technology
Acquire cutting-edge equipment and new machinery immediately without waiting years to save sufficient capital, with leasing equipment providing a flexible way to access the latest technology.
Tax Efficiency
Benefit from potential tax deductions on lease payments and improved balance sheet management compared to outright purchase, especially for leased and leased equipment, which may have specific tax implications.
Fixed Monthly Payments
Predictable costs make budgeting easier and help you plan for business growth without unexpected financial surprises, with the interest rate on your agreement determining the exact payment amounts.
Flexibility
Choose from a range of leasing options, including equipment leases and rental agreements, to suit your business needs and equipment requirements.
Quick Approval Process
Get approved faster than traditional business loans, with the equipment itself serving as security for the finance company.
What We Do
Tailored commercial finance, supporting the growth of your business.
We help UK businesses access fast, flexible funding through a range of solutions including Business Loans, Equipment Finance, Invoice Finance and Vehicle Finance.
Equipment Finance
If you are ooking to make new equipment or machinery purchases but don't want to damage your cash position then equipment finance is for you. Purchase the equipment your business needs and spread the repayments over a flexible term.
Business Loans
Get a cash injection for your business and use the funds for any business related purpose, like PAYE, VAT or even corporation tax. You can spread your repayments over 1 - 6 years and if you settle your loan early, the remaining interest is wiped.
Vehicle Finance
Purchase new or used commercial vehicles on finance with The Business Finance Group. Get rates cheaper than the dealership and have your finance approved within 24 hours.
Debt Consolidation
Consolidate your finance agreements into one, making your monthly repayments easier to manage whilst achieving a better interest rate.
Invoice Finance
Are unpaid invoices damaging your cash position? Invoice finance can not only improve your cash position but take the stress away from running your business. Especially if your customers are on 60/90 day payment terms.
Asset Finance
Looking to invest in business-critical assets without draining your cash reserves? Asset finance lets you acquire vehicles, equipment or technology by spreading the cost over time, whether you’re expanding your fleet, upgrading IT systems or investing in machinery.
How Equipment Finance Works
Our streamlined process makes acquiring business equipment straightforward and efficient, helping your business operate more effectively and get operational quickly.
Step 1: Choose Your Equipment
Select from heavy machinery and commercial vehicles to kitchen equipment and materials handling systems. Our asset finance products cover virtually any piece of equipment.
Step 2: Apply for Finance
Complete our simple application with equipment details and basic business information. As a specialist finance company, we understand the unique needs of different industries and can tailor our solutions to each client. Please note, being VAT registered may be a requirement for some finance options.
Step 3: Get Approved
Receive approval typically within 24-48 hours with competitive interest rates. This approval process is often quicker and more accessible than a traditional business loan or other loan products.
Step 4: Start Using Your Equipment
Begin operations immediately while making affordable regular repayments. The equipment is funded directly, helping your business manage money more effectively and maintain healthy cash flow. At the lease term’s end, you’ll have various ownership options depending on your chosen finance structure.
Types of Equipment Finance
When it comes to acquiring essential business equipment, UK businesses have access to a wide range of equipment finance options tailored to different operational needs and financial strategies. Understanding these asset finance products can help companies, from medium sized businesses to limited companies, secure business finance that aligns with their goals, preserves cash flow, and supports ongoing business growth.
Finance Lease
Finance lease offers another flexible equipment financing solution, allowing businesses to lease equipment for a fixed period while making predictable monthly payments.
Unlike hire purchase, a finance lease typically does not transfer ownership automatically, but it does provide the option to purchase the equipment at the end of the lease for a pre-agreed amount.
This type of equipment leasing is well-suited for businesses that want to access the latest technology or specialist equipment without committing to an outright purchase, helping to keep costs manageable and cash flow steady.
Hire purchase
Hire purchase
Hire purchase is a popular form of asset finance that enables businesses to invest in new machinery, commercial vehicles, or specialist equipment without the burden of a large upfront payment.
With hire purchase, you pay an initial deposit followed by regular repayments over an agreed lease term. At the end of the agreement, ownership of the equipment transfers to your business, making it an ideal solution for companies looking to eventually own their assets while spreading the cost.
This approach is particularly effective for businesses aiming to manage working capital efficiently while still investing in key equipment for business purposes.
Operating Lease
Operating lease is designed for businesses that need equipment for a shorter duration or for specific projects. With this leasing option, you can lease equipment, such as materials handling systems or kitchen equipment, without the intention of ownership.
At the end of the lease term, the equipment is simply returned to the finance company, making it a cost-effective way to keep your operations up to date with minimal long-term commitment. Operating leases are especially beneficial for companies that need to regularly upgrade their assets or respond quickly to changing market demands.
Green asset finance
Green asset finance is a specialist finance solution for businesses investing in renewable energy systems or energy-efficient machinery. This type of equipment finance supports companies looking to reduce their environmental impact while benefiting from competitive interest rates and tailored finance options. Green asset finance is increasingly popular among UK businesses seeking to align their operations with sustainability goals and future-proof their investments.
By exploring these equipment finance options, hire purchase, finance lease, operating lease, and green asset finance, businesses can find the right balance between cost, flexibility, and long-term value. Whether you’re looking to lease equipment for a short-term project, invest in new machinery for business growth, or secure funding for renewable energy initiatives, asset finance products provide the flexibility and financial control needed to thrive in today’s competitive market. With the right finance solutions, your business can acquire equipment efficiently, preserve working capital, and stay ahead of the curve without the constraints of buying outright.
Equipment as Security
Equipment itself secures the funding, making approval easier and interest rates more competitive than unsecured business loans or a standard loan from a lender. This approach helps you manage your money more effectively by preserving cash flow for other needs.
Flexible Ownership Options
Choose from Hire Purchase for immediate ownership, Finance Lease for lower monthly costs, Operating Lease for maximum flexibility, or consider purchasing the equipment outright if full ownership is preferred.
Industry Expertise
Our team understands the specific requirements across manufacturing, construction, hospitality, renewable energy, and transport sectors.
Comprehensive Coverage
Finance everything from a single piece of equipment to complete fleets, with amounts ranging from £1,000 to £10 million+.
For example, if your business needs a new machine, you could use equipment finance to fund the purchase, with the equipment itself as collateral, or opt for a traditional business loan, which may require additional security and can be used for multiple purposes. The lender plays a crucial role in both scenarios, determining the terms and approval process.
Unlike traditional business loans that require extensive documentation and lengthy approval processes, equipment finance leverages the asset’s value to streamline funding decisions while providing the working capital preservation that many businesses need. Leasing options, such as operating leases, can also be structured as a rental agreement, allowing you to use the equipment without taking on ownership responsibilities.
This flexibility means you can select the best leasing options for your needs, whether you want to own the equipment at the end or simply use it for a set period. The benefits of equipment finance include the ability to have equipment funded without tying up large amounts of capital, helping you preserve working capital for other areas of your business.
Frequently asked questions
How quickly can I get approved?
Most applications for business equipment finance are reviewed and approved within 24 to 48 hours, making it one of the fastest financing solutions available to UK businesses. For limited companies with a solid credit history and clear equipment requirements, approvals can often be granted on the same day.
Because the equipment itself is used as collateral, this speeds up the underwriting process compared to traditional loans that require personal guarantees or property security. Whether you’re applying for a hire purchase agreement, finance lease, or operating lease, our streamlined process ensures quick turnaround so you can get your equipment operational and start generating returns as soon as possible. For time-sensitive projects, fast approval helps you stay on schedule and avoid costly delays.
What if I have bad credit?
Having bad credit doesn’t automatically disqualify you from securing equipment finance. We work with a wide panel of specialist asset finance lenders who understand that many businesses experience financial challenges at some point. Unlike traditional banks, our approach takes a more holistic view of your business, including current revenue, future projections, and the value of the equipment being financed.
Because the equipment acts as security for the loan, lenders may be more willing to approve funding even if your credit rating isn’t perfect. In fact, many UK companies with poor credit or limited trading history still qualify for hire purchase or equipment leasing deals. If you’re a start-up or recovering from cash flow issues, equipment finance may offer a more accessible route to growth than standard business loans.
What types of equipment can be financed?
Almost any type of tangible business equipment can be funded through equipment finance. This includes but is not limited to:
Heavy machinery and tools for manufacturing or construction
Commercial vehicles, vans, HGVs, and specialist fleet vehicles
Catering and kitchen equipment for restaurants, cafes, or food service
Medical and dental equipment
IT systems, computers, servers, and business software
Retail fixtures and fittings
Green energy equipment, including solar panels and EV charging points
Whether you’re in construction, logistics, hospitality, healthcare, or retail, we can tailor a solution to fund the equipment you need, with leasing terms structured around your cash flow and business cycle. Our flexible options ensure that essential assets don’t delay operations or limit your business growth.
What is the difference between hire purchase and leasing?
The key difference lies in ownership and flexibility:
Hire Purchase (HP): You pay monthly instalments for an agreed term and own the equipment outright once the final payment is made (often with a nominal “Option to Purchase” fee). This is ideal if you want long-term use of the asset and eventually want it listed on your balance sheet.
Finance Lease: You lease the equipment for a fixed period and make regular monthly payments, but ownership does not automatically transfer at the end. However, you often have the option to extend the lease, upgrade the equipment, or buy it at a fair market value. This provides greater flexibility and allows you to keep up with the latest technology without large upfront investment.
Both options preserve cash flow and may be eligible for tax benefits. The best route depends on your business objectives, whether you’re looking to build long-term assets or prioritise short-term agility with newer equipment.
Can I finance equipment for a new business or start-up?
Yes, many of our lenders offer tailored asset finance solutions specifically for start-ups and new businesses. While funding is slightly more limited without an established trading history, the good news is that the equipment itself serves as security, making approvals easier than for unsecured business loans.
Start-ups in industries like construction, hospitality, manufacturing, or transport can often access funding for essential equipment without having to wait years to build credit. You may be required to provide a larger deposit or personal guarantee, but our team will work to secure the most competitive terms possible.
Equipment finance gives start-ups the ability to get operational quickly and compete effectively, without depleting working capital or relying on expensive credit cards or overdrafts.
Can I upgrade or replace equipment during the finance term?
Yes, many equipment finance agreements, particularly leasing options like finance leases or operating leases, are designed with flexibility in mind, allowing you to upgrade or replace equipment during the term. This is especially useful for businesses in fast-moving industries where technology or equipment standards evolve quickly, such as construction, manufacturing, medical services, or IT.
If you choose a finance lease, you may be able to restructure your agreement partway through the term to replace the current asset with a newer model, often without starting a brand-new contract. This helps ensure your business always has access to the most efficient, up-to-date machinery or equipment, without being locked into outdated tools that could limit productivity or compliance.
In some cases, the finance provider may offer upgrade paths or equipment swap options as part of your contract, especially for high-value or specialist assets. Alternatively, you can settle the current agreement early (subject to terms) and begin a new lease for the upgraded equipment.
Our team can guide you through flexible equipment refinancing or upgrade-friendly leasing structures that support your operational needs while preserving cash flow. Whether you’re expanding, scaling, or modernising, we’ll ensure your finance solution evolves with your business.
Facts & Figures
Over 3,000 SME’s Supported
For businesses throughout the UK
We have access to the whole lending market.
Almost all of our customers get their application accepted.
About Us
Tailored Funding, to Support Business Growth
Our team have a passion for helping business owners thrive, grow and achieve their dreams. At The Business Finance Group we make the experience of obtaining finance stress-free, taking care of the whole application process so that you can do what you do best, run your business. Our finance solutions are designed to assist in the growth of your company, for both the short term and long term.
Finance On The Go
Getting Finance has never been easier.
What Our Clients Say
"The Business Finance Group have helped us for years, we would recommend them to anyone"
We work with a handpicked panel of the best funders in the UK.
