Vehicles and fleets
Fund vans, HGVs, specialist vehicles, trailers and fleet replacements that help your team deliver, travel and grow.
Business asset finance · UK
Business asset finance for UK companies.
AssetFi helps UK businesses secure the vehicles, machinery and equipment they need to move forward. Our brokers take time to understand your plans and help you explore a practical finance route.
Start with a conversation about your asset and business plans. The website planner and calculator do not carry out a credit search, and your broker will explain each next step clearly.
Finance the assets that help your business do more.
Business asset finance can be relevant when a company wants to buy, upgrade, replace or make better use of vehicles, machinery and equipment. That can mean a van for a growing service team, construction plant for a new contract, a production line to increase capacity, technology to improve operations or specialist equipment that helps the business serve more customers. The starting point is the commercial purpose of the asset and the result it needs to deliver for the business.
AssetFi works with established and newer businesses. New and used assets, dealer purchases and selected private-sale opportunities can be considered. Tell us about the asset, supplier, timescale, intended use and preferred payment structure so a broker can identify a route worth exploring.
Plant, machinery and equipment
Invest in construction plant, manufacturing machinery, agricultural equipment, technology, tools and specialist business equipment.
Capital from owned assets
Explore refinance or sale and leaseback when established equipment, machinery or vehicles could support a wider cash-flow plan.
Finance routes built around your business plans.
Whether you are buying a new asset, upgrading equipment or unlocking capital from existing assets, AssetFi can help you compare practical finance routes. Start with your asset, the outcome you want to achieve and the payment structure that supports your plans.
Hire purchase
Spread the cost of a business asset through agreed payments, with a clear route towards ownership at the end of the arrangement.
May suit: Businesses investing in vehicles, plant, machinery or other tangible assets they expect to keep and use over time.
Read the hire purchase guideFinance lease
Put equipment, vehicles or machinery to work through agreed rentals designed around a defined term and your operating plans.
May suit: Businesses looking to manage cash flow while investing in equipment, technology or assets that may be upgraded over time.
Read the finance lease guideAsset refinance
Release capital from vehicles, machinery or equipment your business already owns while keeping those assets working for you.
May suit: Businesses strengthening cash flow, funding their next step or making better use of established business assets.
Read the asset refinance guideSale and leaseback
Unlock capital from eligible assets and continue using them through a lease arrangement built around your business operations.
May suit: Businesses with established assets that want to release value while maintaining operational continuity.
Read the sale and leaseback guideCompare the route before you request a quote.
| Your priority | Route to explore | Ownership / end position | Upfront cash |
|---|---|---|---|
| Own the asset over time | Hire purchase | Agreement sets out the route towards ownership | Deposit may be required |
| Use equipment over a defined term | Finance lease | End-of-term options depend on the agreement | Regular rentals; deposit may vary |
| Release value from an owned asset | Refinance or sale and leaseback | Existing asset remains subject to the proposed structure | Can release capital, subject to criteria |
| Not sure which outcome fits | Speak to a broker | Compare the full agreement before deciding | Start with your asset and cash-flow priorities |
Match the finance route to the result you want from the asset.
The most useful comparison starts with how the asset will earn its place in the business. A delivery vehicle may need a route towards ownership and a payment profile that supports contract income. Technology may need flexibility for future upgrades. Established machinery may be more relevant to a capital-release discussion. These practical questions help your broker focus on the routes worth exploring.
Ownership and end position
If the business expects to keep the asset for the long term, hire purchase may be one route to discuss. If use, upgrades or a defined operating period is the priority, a lease structure may be more relevant. The agreement sets out the end-of-term position.
Cash flow and payment profile
Consider the asset cost, likely deposit, desired term and how payments fit expected cash flow. A lower monthly amount can change the term, final payment or total amount payable, so compare the whole structure rather than one figure.
Asset, supplier and lifecycle
The asset’s age, condition, expected working life, supplier and resale market can shape a proposal. A clear quotation and specification help make the next discussion productive.
Existing assets and working capital
When the business already owns vehicles, machinery or equipment, refinance or sale and leaseback may be worth exploring. The objective is different: using existing assets to support a wider capital plan.
How a brokered enquiry works
A straightforward route from enquiry to options.
Start with the asset you need and the business opportunity behind it. Our role is to understand your plans, explain relevant finance routes and help you move towards a clear proposal.
- 01
Enquire
Tell us about the asset, supplier, approximate cost and business opportunity you want to pursue. No website credit search occurs at this stage.
- 02
Fact-find
Your broker builds a clear picture of the asset, the business, the intended payment profile and the information that can help shape the next step.
- 03
Explore routes
AssetFi considers the product routes that may fit the asset and the outcome you want to achieve.
- 04
Explain the proposal
Where a proposal is available, your broker explains the term, payments, deposit, fees, security and key agreement features in plain English.
- 05
Complete the documents
You can provide the documents needed for the relevant proposal through the agreed process and ask questions at every stage.
- 06
Lender decision and completion
The lender makes its own decision. If an agreement is accepted, the asset and funding can then move towards completion.
Finance the assets that keep your business moving.
From commercial vehicles and construction plant to specialist equipment and technology, AssetFi helps businesses explore finance for the assets that support day-to-day operations, investment and growth.
Commercial vehicles
Vans, HGVs, trailers, specialist vehicles and fleets may be considered depending on the asset, use, age and provider criteria.
Plant and construction equipment
Excavators, access equipment, loaders, site machinery and related equipment may require asset-specific information and evidence of intended use.
Manufacturing machinery
Production machinery, engineering equipment, packaging lines, tooling and automation equipment need a careful review of specification, supplier and resale characteristics.
Agricultural equipment
Tractors, implements, harvesting equipment and other farm assets often involve seasonal cash-flow considerations, but payment profiles remain subject to a proposed agreement.
Healthcare and professional equipment
Clinical, dental, laboratory and specialist equipment can involve installation, maintenance and supplier considerations as well as the asset itself.
Technology and business equipment
IT, telecoms, catering equipment, furniture and fit-out assets may have different expected lives, support arrangements and secondary-market characteristics.
What to prepare
A few useful details can help us move your enquiry forward.
The asset and supplier
Share the asset, whether it is new or used, how you expect to use it, the supplier and any quote or specification you already have.
The business context
Tell us how the asset supports your operations, investment plans and cash-flow priorities so we can focus the conversation on what matters to your business.
The arrangement you are considering
Let us know whether you are considering ownership, leasing, refinance or sale and leaseback. We will help you compare routes that may fit your plans.
Your questions
Bring the questions that matter to you, from payment structure and deposit to term, flexibility and end-of-term options. Your broker is here to make the next step clear.
Understand the building blocks before you compare proposals.
What a proposal can include.
The right way to compare finance is to look at the complete proposal, not just one monthly figure. Depending on the structure, that can include the asset price, deposit, amount financed, payment amount and frequency, term, interest or rental element, any final or balloon payment, fees, security requirements and early-settlement terms.
Your AssetFi broker can help you identify the questions to ask and make sure the commercial details are visible before you decide whether to accept an agreement.
Flat rate and APR are not interchangeable.
A flat rate is commonly expressed against the original amount financed. APR is a standardised annual measure designed to help show the cost of credit when interest, timing and certain charges are taken into account. They describe different things, so ask which measure is being shown and compare the total amount payable as well as the monthly payment.
AssetFi does not publish a universal rate or a dated illustration on this page. Your broker can explain the pricing information in a specific proposal.
Read the rates guideMake tax, VAT and accounting part of your finance plan.
Your tax, VAT and accounting position can form an important part of the wider finance conversation. The appropriate treatment depends on the asset and agreement, so involve your accountant or tax adviser alongside your AssetFi broker when you are planning a purchase or refinance.
Read the current GOV.UK capital-allowance guidance and ask an appropriately qualified accountant or tax adviser to review the actual documents and facts before relying on a tax outcome.
Clear proposals help you move forward confidently.
A clear proposal sets out the payment structure, deposit, fees, term and key agreement details. Your broker is available to talk through the information and make sure you understand the route you are considering.
Completing a website planner or enquiry does not itself perform a credit search. If a later step may involve a search, your broker will explain the process before it takes place.
Read commission disclosureBring the information that helps move an asset-finance enquiry forward.
Asset and supplier
The asset specification, supplier quotation, whether it is new or used, and the expected business use.
Business information
A clear overview of your business, trading purpose and the information requested for the proposed route.
Financial information
Accounts, management information or bank statements where they are relevant to the application and lender assessment.
Identity and ownership
Identification and ownership information supplied through the agreed process when it is needed for the application.
Deposit and security
The proposed deposit, any existing finance and the security arrangements associated with the route being considered.
Credit-search process
A later soft or hard search may be relevant to an application. Your broker will explain the process before it takes place.
Build a finance route around how you expect to use the asset.
Asset finance can help a business preserve capital for day-to-day operations, align payments with the period an asset is expected to support the business, acquire equipment sooner and consider ownership or use-based structures. A suitable route starts with your commercial objective rather than a one-size-fits-all product label.
Finance also creates contractual payment commitments. Total cost, security, repossession rights and early-settlement terms depend on the agreement, so take time to understand them in the proposal before accepting.
Speak to the broker team behind AssetFi.
AssetFi is a trading style of Vernova Finance Ltd. Gulshan Khan and Elliot Wilson are the named brokers behind the service and can discuss the asset, timing, business objective and the finance route you want to explore.
Useful tools and information for your next conversation.
Questions businesses ask before they start.
What is business asset finance?
Business asset finance can help a business acquire, use or release capital from vehicles, machinery, equipment and other business assets. AssetFi helps you explore structures that may suit your plans and explains the key details of any proposal clearly.
What happens after I make an enquiry?
A broker will discuss your asset, supplier, business plans and preferred payment structure, then help you explore the finance routes that may fit. If a proposal is available, you can review it in full before choosing your next step.
Does completing the website form affect a credit file?
No. Using the website planner, calculator or readiness check does not itself carry out a credit search. If a later step may involve a search, the process will be explained clearly beforehand.
Will a deposit, guarantee or other security be required?
The deposit and any security arrangements depend on the asset and the proposal. Your broker will talk through the structure, payment profile and key requirements so you know what to expect.
What fees or commission may apply?
Vernova Finance Ltd is paid by commission from a finance provider if a customer enters into a finance agreement. We do not charge customers a fee for our brokerage service, and you can ask your broker for further information about the commission arrangement.
Can the website tell me the tax or VAT result?
No. Tax, VAT and accounting treatment can depend on the legal entity, the asset, its condition and use, the agreement, dates, accounting period and current law. Website guidance is illustrative only and should be confirmed with an appropriately qualified accountant or tax adviser.
Let’s help fund your next business asset.
Speak with our team about the asset you need, the opportunity you are pursuing and the finance route that could help you move forward.
Vernova Finance Ltd t/a AssetFi is an independent commercial finance brokerage not a lender, as such we can introduce you to a wide range of finance providers depending on your requirements and circumstances. We are not independent financial advisors and so are unable to provide you with independent financial advice. Vernova Finance Ltd t/a AssetFi will receive payment(s) in the form of commission from the finance provider if you decide to enter into an agreement with them. We work with both discretionary and non-discretionary commission models. Commission payments are factored into the interest rate you pay.
Vernova Finance Ltd t/a AssetFi is an Appointed Representative of AFS Compliance Limited which is Authorised and Regulated by the Financial Conduct Authority FRN: 625035
Vernova Finance Ltd t/a AssetFi aims to provide our customers with the highest standards of service. If our service fails to meet your requirements and you would like to report a complaint; please click on the link below:
ICO registration number 00019101541. See our privacy notice and commission disclosure.