Business Equipment Finance
If you need equipment for your business, there’s a variety of finance options that can help. You can use Funding Options to find finance if your equipment breaks down, you need additional equipment, or if you want to upgrade existing equipment.
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What is Business Equipment Finance?
There are lots of specialist lenders on the market to help if your business needs equipment quickly. Some specialise in specific finance types like equipment leasing or hire purchase, while others work in a particular sector, such as haulage, hospitality or construction.
How does Business Equipment Finance work?
There are a few ways to fund equipment purchases - equipment leasing and hire purchase are the most common. Bear in mind that the equipment may be used as security, so if your business fails to meet its repayment terms, the equipment could be taken away.
Equipment leasing - lets you lease the equipment you need for a set term, and you can benefit from regular upgrades and servicing.
Hire purchase - a way to purchase equipment through instalments. Unlike a lease, the asset appears on your balance sheet from the beginning.
Plant equipment finance - finance for heavy machinery, machine tools, construction equipment, warehouse equipment and manufacturing equipment.
Business Equipment Finance - Features and benefits through Funding Options
Secured and unsecured flexible finance options available subject to eligibility
We compare 120+ lenders to find the right finance for you
A Business Finance Specialist will guide you through the process
It’s free, no obligation and won’t affect you credit score
Financial product information
Representative example*
7.63% APR Representative based on a loan of £50,000 repayable over 24 months. Monthly repayment of £2,252.94. The total amount payable is £54,070.56
*Some lenders may apply fees during the application process, please note that these are set and provided by these entities.
Annual Percentage Rate
Rates from 2.75% APR
Repayment period
1 month to 30 years terms