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.

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.

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.

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.

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.