Finance for limited companies with sharper rates.
Asset finance for UK limited companies of every size — from owner-managed start-ups through to £50m turnover groups. Underwritten on filed accounts and management info, with the sharpest pricing on the market.
Eligibility at a glance
- Min trading
- 12 months ideal; new-co considered
- Typical deposit
- 0–10% on prime; 15%+ on weaker
- Indicative rate may start at
- 6.9% APR
- Max facility
- £5k – £2m+
- PG required
- Sometimes — depends on covenant strength
What actually moves the needle.
Filed accounts
Lenders pull the latest 1–2 years of filed accounts from Companies House plus often the prior year for trend. Profitable, stable trading at >£250k turnover unlocks the sharpest rates.
Management accounts
If the filed set is more than 9 months old, most lenders want recent management accounts — Profit & Loss and balance sheet, ideally with a forecast.
Bank statements
Last 3–6 months of business bank statements. Lenders look for stability, no consistent overdraft pressure, no returned payments.
Director profile
Director credit files pulled with consent. Strong personal credit + meaningful equity in the company strengthens the case and may remove the need for a PG.
Existing borrowing
Other asset finance, invoice finance, term loans and overdrafts factor into affordability. Bring a list — surprises slow deals down.
Realistic green-lights.
- Limited co. trading 3+ years, profitable, applying for £180k of plant — typically 0–5% deposit and prime rates
- Owner-managed Ltd, 12 months trading, growing turnover, £45k van — usually 0–10% deposit and indicative rates may start at 7.9%
- Group of companies refinancing across multiple subsidiaries — possible via cross-guarantee structures
- Newly-incorporated Ltd with strong director track record — handled through new-start panel (see new-start page)
Where it gets harder.
- Loss-making years without clear narrative
- Recent overdrawn director's loan accounts of meaningful size
- Active County Court judgments against the limited company itself
- Companies under formal HMRC time-to-pay arrangements (workable but slows things down)
Have these ready and we'll move fast.
Common questions.
Will I need to give a personal guarantee as a limited company director?
A personal guarantee may be requested depending on the asset, provider, proposed facility and business circumstances. The relevant terms should be explained in the provider documentation before you decide whether to proceed.
Can a financed asset qualify for full expensing?
Full expensing is not automatic. HMRC sets specific conditions, including that the claimant is a company within the charge to Corporation Tax and that the expenditure is on qualifying new and unused main-rate plant and machinery, subject to exclusions and other conditions. The agreement and timing also matter. Confirm the position with an accountant or tax adviser before entering an agreement.
How quickly can a limited company get a decision?
Timing depends on the asset, documents, provider requirements and proposed facility. We explain the expected next steps as an enquiry progresses.
Can I refinance assets owned by the company?
Refinance may be considered for owned assets where the asset, valuation, security, business information and provider criteria support it. Any amount, timing and agreement terms are confirmed only in a formal proposal.
See if a deal works for you.
Start an enquiry to discuss the asset, your circumstances and possible next steps. A credit-search process is explained before any application proceeds.
Other borrower types