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Sullivan Ventures

Business Finance

Put productive assets to work without tying up capital.

Finance plant, machinery, vehicles and equipment, or release capital from assets your business already owns.

Facility
£5,000 to £100m
Term
12 to 84 months
Speed
Hire purchase, lease, refinance
Security
Secured on the asset
What it is

Asset finance allows a business to acquire essential equipment while spreading the cost over an agreed term, rather than committing significant capital upfront. It can be used across plant, machinery, vehicles, technology and other business-critical assets.

The structure will depend on the asset and the objective. Hire purchase can provide a route to ownership, while leasing can offer greater flexibility where outright ownership is not required. Because the asset itself typically forms part of the lender's security, funding can often be structured around both the business and the value of the equipment.

Asset finance can also release capital from equipment a business already owns. Sale and HP back, for example, can unlock cash tied up in existing assets while allowing the business to continue using them. Different lenders have different appetites for hard and soft assets, new and used equipment, and specialist machinery, so the right structure and lender matter. Tax treatment and capital allowances should be discussed with your accountant.

Who it suits
  • You need to invest in plant, machinery, vehicles or equipment while preserving capital for the wider business.
  • You own business assets outright and want to release some of the capital tied up in them.
  • You are acquiring specialist, used or auction equipment that may fall outside traditional bank lending criteria.
  • You want the funding term structured around the useful working life of the asset.

Enquire

Talk to us about asset finance

Indicative terms in as little as 24 hours. Confidential, and no cost to you.

Confidential. We respond within one business day.

Call 07710 048050
How it works

From first call to funds drawn.

  1. 01

    Conversation

    We take the asset, its age and condition, and whether you are buying or refinancing.

  2. 02

    Terms

    Indicative rate and term across HP, lease and sale-and-HP-back options.

  3. 03

    Documentation

    The lender confirms the asset and the agreement is drawn.

  4. 04

    Drawdown

    The supplier is paid, or cash is released to you on a refinance.

Common questions

The questions we're asked most about asset finance. If yours isn't here, ask us directly.

Yes, through sale and HP back. The lender buys the asset and you repay over an agreed term while continuing to use it.

Under hire purchase, yes, on payment of the option to purchase fee. Under a lease, no, though there are usually extension or purchase routes.

Yes, subject to age, condition and a valuation. Private sales and auctions are both common on our panel.

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