Asset Finance
Your business deserves the right tools to grow. Whether you are upgrading equipment, expanding your fleet, or investing in new machinery, asset finance can help you secure what you need without tying up your working capital.
At Mair Finance, we work closely with business owners across the UK to tailor asset finance solutions that make sense. We understand how important it is to move quickly, structure agreements properly, and keep your cash flow healthy. Our goal is to help you unlock opportunities, not create obstacles.
What is Asset Finance?
Asset Finance is a way to acquire or refinance business assets without paying the full amount upfront. Instead, you spread the cost over an agreed term while the asset starts working for you straight away.
It allows businesses to invest in vehicles, machinery, equipment, and technology that will generate income, improve efficiency, or open new revenue streams, all while preserving valuable cash in the business.
At the end of the finance term, depending on the agreement, you may own the asset outright, refinance it, or upgrade to newer equipment.
Why do businesses use Asset Finance?
Smart business owners see Asset Finance as a tool for growth. Here are some of the key reasons businesses choose to fund assets this way:
- Protect cash flow: Keep your working capital free for day-to-day operations and unexpected opportunities.
- Spread the cost: Break down large purchases into manageable monthly payments.
- Tax efficiency: In many cases, asset finance payments can be offset against taxable profits.
- Flexible options: Finance a wide range of assets, both new and used.
- Upgrade easily: At the end of the term, you have the flexibility to upgrade to newer technology or equipment.
What can be financed?
Almost any tangible business asset can be funded through asset finance. Common examples include:
- Company vehicles and fleet vans
- Heavy plant and machinery
- Construction and groundworks equipment
- Manufacturing equipment
- Agricultural machinery
- IT equipment and technology
- Specialist tools and equipment
Whether you are a sole trader adding your first van or a national firm investing in a new production line, we can help you find the right funding solution.
Types Of Asset Finance Available
We will always explain the options clearly and recommend the best structure based on your goals, not ours.
Hire Purchase
You make fixed monthly payments over an agreed period, and once the final payment is made, you own the asset. This option suits businesses who want eventual ownership without a heavy upfront cost.
Asset Refinance
Release equity tied up in existing assets. This is ideal if you already own valuable equipment or vehicles but want to unlock capital to invest elsewhere in the business. We will always explain the options clearly and recommend the best structure based on your goals, not ours.
Finance Lease
You pay to use the asset over an agreed term, but ownership remains with the funder. At the end, you can either continue leasing, upgrade, or sometimes purchase the asset.
Operating Lease
Typically used for assets that quickly lose value or become obsolete. You pay to use the asset for a set period, then return it at the end. This keeps assets off your balance sheet.
Working With Us Is Easy
At Mair Finance, we believe finance should be simple and supportive, not complicated and stressful.
We guide you through the process from start to finish.
1. initial consultation
A short conversation to understand your plans, the asset you need, and what you want to achieve.
2. tailored solutions
We find the right funder and structure the finance to match your needs, business, cash flow and goals.
3. quick & easy approvals
Our strong lender relationships mean we get fast decisions on approval, so you’re not waiting around.
4. documentation & completion
We handle all of the paperwork quickly and efficiently, keeping things moving smoothly.
Ongoing Support
As you grow, we are on hand to support your business needs.
Why choose Mair Finance for your Asset Finance?
Experience: We understand Asset Finance inside out and know how to structure deals properly.
Access to Specialist Lenders: We work with a wide panel of funders, many of whom are not available on the high street.
Real Relationships: We take the time to understand your business, not just your numbers.
Flexibility: No two businesses are the same. Every solution is tailored to your specific needs.
Straight Talking: We give clear advice without jargon, helping you make informed decisions.
Our clients come from a wide range of industries including construction, transport, manufacturing, and professional services. Some are investing in their first business asset, others are adding to multi-million pound fleets. No matter the size or scale, we treat every client with the same level of care and attention.
“I approached Lee on behalf of one of my clients who was seeking a loan to acquire a commercial property, with his lease agreement coming to an end this year.
I had thoughts that we would have weeks of information requests and justification for the borrow based on recent banking experiences. However, I was pleasantly surprised by Lee’s approach to this application, and within a week we had everything we needed. A very successful outcome conducted with the least amount of hassle.
Both my client and I were very impressed with the result and cannot thank Lee enough for the care and attention he showed in dealing with this application.”
Common Asset Finance Questions
Can I finance second hand equipment?
Yes. Many businesses finance quality used equipment to keep costs down. We can help structure deals that make sense whether the asset is new or used.
How quickly can Asset Finance be arranged?
If all information is provided promptly, we can often secure approvals within 24-48 hours and complete deals shortly after.
What deposit is usually required for Asset Finance?
Deposit requirements vary, but often a VAT 0nly deposit or even less is enough to proceed.
What deposit is usually required for Asset Finance?
Deposit requirements vary, but often a VAT 0nly deposit or even less is enough to proceed.
Can I finance an asset purchased overseas?
Yes. We have experience arranging funding for assets bought internationally.
Is Asset Finance tax efficient?
In many cases, yes. Payments can often be deducted against taxable profits, but we recommend speaking to your accountant for specific advice.
Let’s help you grow
If you are planning to invest in new equipment, vehicles, or machinery, Asset Finance could be the perfect way to make it happen without disrupting your cash flow. Get in touch today to find out how Mair Finance can help you grow your business with smart, flexible Asset Finance solutions. Contact us for a quick, hassle free conversation about your plans. Let’s find the right funding solution to help your business reach the next level.