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Asset Finance to get new assets and machinery your business needs to grow.

Paying for new assets and equipment in one go can be expensive for most  businesses out there, as well as also being a big risk, leaving many businesses with long-term cash problems, as a result.

What's more, acquiring the assets you need can be a real Catch 22 situation, not having the cash to buy the equipment, but needing the equipment to make more cash!

If that sounds like you, our Asset Finance options are a perfect fit for you and your business.

Fill out the form to the right to start your Asset Finance application today.

Find out how much you could borrow




Keep Cashflow Strong

No need to sacrifice your business' cashflow for the assets you need with Asset Finance.

Spread the Cost

Asset Finance's flexible monthly repayments ensure guarantee you manageable growth.

Fixed Rates

All of our Asset Finance deals come with fixed rates, meaning no nasty fee increases along the way.



Apply Online

Applying for a business loan with Love Finance couldn't be easier; the online application takes just a couple of minutes.



Our technology gives you an instant and fair credit decision, occasionally we might ask for some more info.



Once approved we'll send you a personalised E-Doc, no need to print it or post it back it can verified and signed from you PC, tablet or phone.


Get Assets Installed

The assets you need to grow and improve your business are installed or delivered.

Why Choose Love Finance?

We're the fastest lender around. Thanks to our automation tools, not only will you get an instant decision with Love Finance, you can also have the money in your account within 24-hours.

No tedious paperwork. Nobody likes paperwork, so we've scrapped it from our process. Simply click to sign your documents online and we'l take care of the rest.

Easier approval than for a bank loan. You don’t have to be a huge business either; our business loans have an average acceptance rate of 85% – so the odds are in your favour.

No extra fees. Our agreements do what they say on the tin – you won’t find any sneaky fees waiting to trip you up. 

Apply for Asset Finance now

Got a question about Asset Finance? Speak to one of our highly skilled account managers

We're automated but it's always nice to know there's a real person behind the scenes to support you, so if you have any questions or looking to enquire please don't hesitate to contact us.

Call 0800 086 9404 or Email Us
Office Hours are Monday to Fri 9:00am - 5:30pm

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Asset Finance FAQ

What Is Hire Purchase?

The term Hire Purchase means you're given a choice to buy the asset you've got for a small fee when the agreement has ended. With this kind of deal, you typically pay more upfront, but the remaining price for the item is then split up and repaid. Your interest will also be fixed throughout the agreement terms. At the end of this agreement, you are then given the option to buy the asset for a small fee.

What Is Lease Financing?

Lease Financing is something else to consider. With this deal, the funder buys the asset on your behalf and you can use the item throughout the lease agreement. Then, you just pay a series of installments so that you can use the asset.

Our Lease Financing works a little differently in that you pay a low amount upfront than you normally would if you chose to use Hire Purchase. The remaining cost of your asset is then split up into monthly payments and repaid at a fixed interest rate each month. This goes until the end of your lease. However, you also have the option to keep the item at the end of your initial lease period. Of course, doing so is subject to the annual rental fees.


What Is Better for My Business?

Now is the perfect time to look at why companies might choose Lease Financing or Hire Purchase.

It is important to choose the one that is best for you and your business. This typically results in how much of a down payment you want to incur.

Usually, businesses decide to go with Hire Purchase if they want to pay a higher fee upfront. Many times, Hire Purchase allows you to claim back your VAT in the regular way.*

Lease Financing, on the other hand, gives you a lower cost upfront. The VAT is charged for each rental, and the VAT can be reclaimed as you make the payments.*

* You will note a variety of different treatments for the products from an accounting, VAT, and tax perspective. Therefore, you should consult with your advisers to determine the best method for you and how it might affect your business.

As such, we’re always available to help. If you’re not sure of the best course of action, you can call on us on 0808 274 1672. We’ll chat about the options to help you find the best one for your needs.


What Is Refinancing?

Refinancing helps you release the cash that is currently tied up in your existing assets. You can get access to the capital that can be found from current equipment and use it for many purposes. This service can help you boost cash flow, and it’s provided on both Hire Purchase and Lease Financing agreements, even if you still owe payments.

In most cases, refinancing is worked out by a percentage of the equity within the assets. Therefore, you can get a higher amount back if you own your asset without owing any money on it. If you have an item that you’d like to have refinanced, please get in touch with us on 0808 274 1672 and let our friendly representatives help you.

How Does It Work?

Asset Finance can help businesses get the items they need without significant upfront costs. In a sense, the funder (us) purchases the asset, which also acts as a security measure for us. You get to pay the monthly instalments to own/use the item, depending on if you take out a Leasing Agreement or Hire Purchase.


What Are the Repayments?

With Asset Finance, you won’t have to worry about any upfront costs. As such, the repayments and plans are straightforward. 

Repayments are made monthly, and you have a fixed, pre-agreed upon interest rate. Best of all, you can choose the time frame that is ideal for you – anywhere between one to five years. Sometimes, we can even offer extended periods of time.


We also tailor the repayments to your needs. For example, if your business is seasonally operated, we can help you get a repayment plan that reduces the amount you pay during the lull.


How Much Can I Borrow?

The amount you can borrow will vary depending on the type of company. For example, a Limited Company can get assets from us between £5,000 and £500,000, while an Unlimited Company can get asset funds between £25,000 to £500,000. As such, we can lend up to £1 million for any one customer. You can view the full product facts in the table below.


How Soon Can I Get It?

In most cases, you can get the money when it is most convenient for you. When you call on us, we start the process immediately and can give you our decision within one business day. Usually, we pay our supplier directly; once the contract is in place and signed with us, we pay the provider the day after.

That being said, we do know that time is of the essence. If the situation calls for it and we are able, it can be possible to approach us in the morning and get your asset by that afternoon. Sometimes, it really is that quick!