Asset financing is a flexible method of financing that offers your company access to the machinery, vehicles, buildings, and technology it needs to operate and expand without affecting cash flow.
It may be applied to both brand-new and used assets, as well as a method for unlocking the value of things you already possess.
Asset financing has recently emerged as the type of financing that is expanding the quickest for companies of all sizes and in all sectors.
A Hire purchase (HP) is a form of finance and works as its name suggests – you essentially hire the asset over the contract period, with a view to purchasing it at the end of the agreement.
A Finance lease is a contract that permits the use of an asset and transfers ownership after the lease period is complete, and the lessor meets all other contract obligations.
An Operating lease is a contract that permits the use of an asset without transferring the ownership rights of said asset.
The concept for Invoice finance is simple; rather than waiting days or weeks for your invoices to be paid by customers, lenders advance you most of the value immediately.
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