Asset Finance 101: Understanding the Basics
Asset finance is a financing solution that allows businesses to acquire assets such as machinery, vehicles, or equipment. The primary purpose of asset finance is to provide businesses with the capital they need to invest in new assets without incurring a large upfront cost. This type of finance is becoming increasingly popular, and in this […]
The Major Difference between Hire Purchase and Leasing
Hire purchase and leasing are both financing options available to businesses and individuals in the United Kingdom. There are a number of key differences between the two options that should be considered before making a decision.
What is Asset Finance and Why It Can Work For Your Business
To start a business, you’ll need a number of things. Entrepreneurs require a concept, a business strategy, and sometimes even personnel to implement the company plan. Financial assistance and a right lender are two of the most important factors in your success. As a business owner, you’re not alone if you’ve had problems getting a […]
Is asset finance right for your business?
Many businesses have benefitted from arranging asset finance via Funding Bay. But is it right for you? The first consideration is to make sure that you are happy with the idea of a secured finance arrangement. All of the principal types of asset finance require a business asset to be provided as security, which can […]
How can I finance my business assets?
The term ‘asset finance’ includes arrangements such as hire purchase and asset leasing, which are methods by which your business can acquire new assets. In this article, however, we will look at asset refinance and sale and leaseback, which are ways in which you can raise funds using assets you already own. Asset refinance […]
