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ASSET
FINANCE

Want to buy new equipment without raiding your cash reserves? With asset finance, you keep your money in your cashflow while still getting the tools your business needs to grow.

Boss Asset Finance - Stock Finance

How does it work?

Asset finance comes in different forms and we are perfectly placed to find the type that works best for your business.

Types of Asset Finance

HIRE PURCHASE

Hire purchase (often known as HP) loans give affordable access to new equipment by spreading the cost of your purchase over a contracted period. The lender owns the asset during the hire purchase contract and ‘rents’ it to you. At the end of the period, once all payments on the HP loan are made, you take full ownership of the asset.

Advantages

Disadvantages

FINANCE LEASE

Leasing is similar but without owning the asset at the end of the agreed term. At that point, you have several options – you can either continue to use the asset using a secondary lease at much lower rentals, upgrade to a new model, return the asset to the lender or sell the asset to a third party and keep a large proportion of the sale proceeds.

Advantages

Disadvantages

OPERATING LEASE

This is very similar to a Finance Lease but only for part of the asset’s useful life.  This means that you pay a much-reduced rental as you only pay the difference between the cost price and the estimated residual value.  Unlike a Finance Lease, you do not have the burden of ownership at the end of the lease term.

Advantages

Disadvantages

WHAT OUR CLIENTS SAY

"We have used Trevor Jacobs from Boss Asset Finance for over 12 months. We have always found him helpful and professional and have no hesitation in recommending both himself and Boss Asset Finance to anybody.


Boss Asset Finance Partners Afford
Tony Dobson
Director, Afford Rent a Car
"We were recommended to use Boss Asset Finance when we first bought some welfare cabins from Boss Cabins. We dealt with Trevor Jacobs who offered a competitive rate. Since then we have used them many times and we are delighted with the service."

Boss Asset Finance Partners Welfare
Ryan Gratton
Director, Welfare Van4less
"When we required sound, friendly financial advice and support, the team at Boss Asset Finance provided a detailed and helpful service as well as securing a great finance deal for our new film production vehicle. This came at a time during COVID when we needed the right kind of professional support and service."
Boss Asset Finance Partners DCT8
David Keers-Trafford
Director, DCT8 Ltd

CONTACT US

We would love to hear from you. Find out if our specialised team can help your business with a bespoke finance solution to suit your exact needs. Give us a call, drop us an email or fill in the form below and we’ll get straight back to you.

OPENING HOURS

8am to 5pm, Monday to Friday

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