Asset Finance

Access, or refinance, assets for your business

What we offer

Unsecured Business Loans

A traditional Loan Facility with no rates starting as low as 1.3% APR.

Invoice Finance

Release funds tied up in your invoices within 24 hours.

Secured Business Loans

A Business Loan with security offered, typically a property or asset, with equity attached.

Asset Finance

Gain funding, or refinance, assets in your business, such as equipment, plant or vehicles.

Benefits of Asset Finance

The main benefit to Asset Finance is the fact that it preserves working capital. If a company has £50,000 sitting in its bank account, it’s likely that rather than spending all of this on a piece of machinery, it would probably opt to pay a much smaller monthly fee for the machinery over a number of years. This way, the company’s cash flow will not beheavily impacted. An asset finance facility can be used for the purchase of plant, vehicles or equipment for your business. A hire purchase facility will allow your business to acquire a large asset in a course of instalments, rather than a lump sum on day one. At the end of the agreed term, you will then have the option to purchase the asset outright.  

This facility is common with assets such as vehicles and machinery, as they have a higher resale value once the term is completed. Assets can also be refinanced with a facility. You may have plenty of value in your balance sheets, which can be accessed by an asset finance product. This will give you a large sum of cash which can be paid back over an agreed term. Repayments are a fixed monthly price, and the cost will vary depending on the type of asset, its value and the length of the contract agreement. The interest rate on an asset finance facility can start as low as 2% annually, albeit this will be driven by the type of asset + your business profit.

Eligibility

Turnover

Unless you are a new start-up company, the minimum turnover most lenders will deal with is £100,000 turnover.

Trading History

Similarlyto Turnover, start-up companies can get funding. Once you have filed accountsfor your first year of trading, we can then approach our panel of lenders toapply for an Asset Finance facility.

UK Registered Businesses

Due to us dealing with UK Based Lenders, we can only find funding solutions for UK Limited Companies.

Let's get started
Apply now

FAQs

How much will an Asset Finance facility cost?
keyboard_arrow_down

The cost of an asset finance facility will vary dependant on the type of asset, its value and the length of the contract agreement. The typical interest rate on an asset finance facility starts from 2% annually.

Am I eligible for an Asset Finance facility ?
keyboard_arrow_down

Eligibility varies largely from lender to lender,with some much more flexible, some much less. The basic criteria for applyingfor an Unsecured Business Loan facility is as follows:
£100k minimum turnover
12+ months trading history
Details of the asset (make, model, specification, and value)

If you don’t meet this criteria it isn’t the end of the road, other funding options are available, and this can be discussed with one of our consultants.

How long does it take to arrange an Asset Finance facility ?
keyboard_arrow_down

Asset Finance facilities can be completed in as short as a few days, although the process can take longer. Our aim is always to make the process as quick, and simple as possible, keeping you updated throughout.

How much money can I get through an Asset Finance facility ?
keyboard_arrow_down

Loans can vary hugely in amount. With an Asset Finance Facility, the loan amount will be based around the asset being financed. This can be anything up to £5 million, and sometimes even higher.

Why JD Capital Finance?
keyboard_arrow_down

We are not your average broker. We strive to find you the perfect funding facility for your business, in the easiest way possible. We designate a member of our team of specialist finance consultants to you, walking you through the entire process until the funds are in your hands.

Fantastic

“  Perry & JD Capital Finance have been incredibly helpful from start to finish. They helped secure a CBILs package even when many lenders had stopped considering new applications. They've informed us of new developments every step of the way and have helped us through this uncertain time. Nice one, guys! ”

Reviews from our clients

Lorem Ipsum

“Lorem ipsum dolor sit amet,consectetur adipiscing elit, sed doeiusmod tempor incididunt utlabore et dolore magna.”

Social media

Disclaimer: JD Capital Finance helps UK firms access business finance, working directly with businesses and their trusted advisors. We are a credit broker and do not provide loans ourselves. All finance and quotes are subject to status and income. Applicants must be aged 18 and over and terms and conditions apply. Guarantees and Indemnities may be required. JD Capital Finance can introduce applicants to a number of providers based on the applicants' circumstances and creditworthiness. JD Capital Finance may receive a commission or finder’s fee for effecting such introductions.

© JD Capital Finance Limited Registered Number 10128297