Even if you’ve been declined by banks or other lenders, Genie Lending’s Asset Finance can be a viable solution to grow your business. We offer two types of flexible asset finance, depending on if you need cash to buy essential equipment, or if you own expensive machinery or other assets and need capital for another purpose. Whatever your business needs, our asset finance specialists are on hand to help.
Asset Finance is funding secured against business assets, from equipment and machinery to vehicles. It is a way to release cash which is tied up in business assets, for you to use elsewhere.
Leasing and Hire Purchase
Machinery and business equipment is integral to many businesses, but finding the funds in cashflow to buy them can be difficult. Asset finance options allow you to obtain the equipment you need for growth using a variety of methods, such as leasing, hire purchase or sale and leaseback. With these finance options you’ll be able to spread the cost of expensive equipment over time.
Whether you need to refinance existing equipment to raise additional working capital or need a flexible way to pay upfront for necessary vehicles or machinery, speak to Genie Lending to discuss your options.