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Glossary term

Asset Finance

A way for a business to fund vehicles, machinery or equipment over time instead of paying the full cost upfront.

What does asset finance mean?

A way for a business to fund vehicles, machinery or equipment over time instead of paying the full cost upfront.

The exact meaning can vary depending on the asset, lender criteria, agreement wording and business circumstances.

Related finance product

Asset Finance

Flexible funding for business equipment, vehicles, machinery and hard assets without a large upfront purchase.

Written by: Hart Asset Finance

Reviewed by: T & L Leasing Limited trading as Hart Asset Finance

Last reviewed: