Finance Lease
Leasing gives the customer access to new equipment by way of renting it for a contracted period, without owning the asset.
Our typical finance leases support long term equipment investment and are repayable over terms of between three and five years.
Finance Lease
£15k to £1m
- Term 3-5 years
Soft and hard assets
How it works
The leasing company (the “lessor”) buys and owns the equipment on behalf of the customer (the “lessee”). The customer pays a rental for the use of the equipment over a minimum term period.
Under a finance lease, the value of the asset appears on the lessee’s balance sheet together with a corresponding finance lease liability, with depreciation and interest being recognised in the profit and loss. The full value of the equipment is repaid to the lessor, plus interest, over the lease period.
User benefits without the ties of ownership
Our Finance Lease arrangements let a business use the equipment they need without having to buy it outright. It also offers business customers use of an asset of newer, higher specification than they could otherwise purchase.
Benefits of a Finance Lease
Requirements
- The asset must be for use in your customer’s business
- The business must be based in England or Wales
Case Studies
Find out how Asset Advantage has enabled brokers to complete complex deals for their clients.
- Business Loan
Amount Financed
£0
"For this deal, rate was key. Asset Advantage have great rates for new starts, and having the agreement on a 5-year term meant affordable repayments for the customer."Term:5 YearsPurpose:Fit-Out & Furniture For New Start Sign-Making Franchise - Finance Lease
Amount Financed
£0
“I like Asset Advantage because they are really commercial. They don’t just look at the net worth of the company, but the people behind it, and they paint a picture of how viable it might be in the future.”Term:5 YearsPurpose:Finance Lease For New Ice-Cream Kiosk - Finance Lease
Amount Financed
£0
“A known business model to Asset Advantage combined with very experienced owners, led to an approval on this deal.”Term:5 YearsPurpose:Finance Lease For Horse Water Treadmill And Cold Water Spa System - Finance Lease
Amount Financed
£0
“I brought the deal to Asset Advantage to finance the fit-out of the less tangible assets, often seen as the more challenging assets of aircon, glazing etc, which some other funders would not consider.”Term:3 YearsPurpose:Fit-Out Of New-Concept Hospitality Venture - Finance Lease
Amount Financed
£0
“A dog grooming and hydrotherapy business is a different type of industry, but I knew Asset Advantage would take the time to consider the proposal thoroughly.”Term:5 YearsPurpose:Hydrotherapy Unit For Dog Hydrotherapy Business - Finance Lease
Amount Financed
£0
“Not many other funders would offer a 5 year term on a used piece of equipment, but Asset Advantage look beyond the asset itself and base their decision-making on the customer profile, and an understanding of what that equipment would generate for the business.”Term:5 YearsPurpose:Finance Lease For Used Laser Machine For Beauty Salon - Business Loan
Amount Financed
£0
“Asset Advantage always take a commercial view, which is great… the fact that this was a New Start business would have ruled it out for many funders.”Term:5 YearsPurpose:Business Loan For New Start Jewellers Secure Shop Front - Business Loan
Amount Financed
£0
"With Asset Advantage, you have the confidence and certainty that if they say they’ll do it, they’ll do it.”Term:5 YearsPurpose:Business Acquisition Loan To A Growing Security Systems Company - Business Loan
Amount Financed
£0
“Asset Advantage really like expansions and business purchases where it makes sense. Asset Advantage have a low rate for soft assets and business acquisitions which was a big driver too."Term:5 YearsPurpose:Business Acquisition Loan For Trampoline Park And Soft Play Business - Business Loan
Amount Financed
£0
“This deal shows exactly why Asset Advantage is a brilliant funder... they massively supported the funding line, and showed great flexibility with combining a loan and asset finance to fully support the fit-out project."Term:5 YearsPurpose:Business Loan And Hire Purchase For Fit-Out Of High-End Cocktail Bar - Hire Purchase
Amount Financed
£0
Even though the equipment requirement was a high advance for a new company, there was a good story to the deal.Term:5 YearsPurpose:Hire Purchase For 12 BBL Brewhouse - Hire Purchase
Amount Financed
£0
"Industrial Racking can be a trickier asset class, and not every lender has the appetite to fund it, but this is in the sweet spot for Asset Advantage."Term:3 YearsPurpose:Hire Purchase For Industrial Racking - Finance Lease
Amount Financed
£0
"A comprehensive and well thought out business plan from a New-Start customer who had experience in the print sector."Term:5 YearsPurpose:Finance Lease – Printing Equipment For New-Start Business - Finance Lease
Amount Financed
£0
“Asset Advantage were the only funder who would offer a 5-year deal for new-start businesses”Term:5 YearsPurpose:Finance Lease – Tanning Salon Equipment - Finance Lease
Amount Financed
£0
“Asset Advantage was the only funder who would fund 100% of the deal.”Term:5 YearsPurpose:Finance Lease For Laser And IPL Machine
