10 things you can finance with asset finance

Asset finance is a type of financing that allows a business or individual to acquire the use of an asset, such as heavy machinery or equipment, by paying an agreed-upon amount over time, rather than paying the full purchase price up front. This can be a useful way for a business to acquire the equipment it needs to operate without having to make a large upfront investment. There are several types of finance, including leases, hire purchase agreements, and loan agreements. Each type has its own unique features and terms, so it’s important to carefully consider which one is the best fit for your business. In general, it can be a good option for businesses that need to acquire expensive assets but don’t have the cash on hand to do so.

In this post we wanted to share a list of 10 things that can be financed with asset finance:

Heavy machinery and equipment

It can be used to acquire equipment for construction, manufacturing, agriculture, mining, and other industries.

Commercial vehicles

It can be used to purchase trucks, vans, buses, and other vehicles for business use.

Medical equipment

Asset finance can be used to acquire medical equipment for hospitals, clinics, and other healthcare facilities.

Office equipment

It can also be used to purchase computers, printers, copiers, and other office equipment.

Agricultural equipment

Farming equipment is often financed and includes tractors, combines, and irrigation systems.

Manufacturing equipment

Asset finance can be used to purchase machinery and equipment for use in a manufacturing or production facility.

Telecommunications equipment

It can be used to acquire telecommunications equipment such as routers, switches, and servers.

Renewable energy equipment

It can be used to fund renewable energy equipment such as solar panels and wind turbines.

Commercial property

Asset finance can be used to purchase commercial real estate such as office buildings, warehouses, and retail space.

Fleet vehicles

And the last on our list is a fleet of vehicles which can be used in a business or organisation.

Dorsia Finance is an asset finance and car finance brokerage based in Nottingham and Lincoln. Get touch by emailing info@dorsiafinance.co.uk or giving us a call on 01522 420 420.

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