Asset Finance

Funding the vehicles, equipment and machinery your business needs

Asset finance can help businesses acquire the vehicles, equipment and machinery they need while spreading the cost over an agreed period.

Whether you are investing in new equipment, replacing vehicles, upgrading machinery or expanding your operations, BAT can help explore suitable commercial finance options based on the asset, the business and the wider funding requirement.

What can Asset Finance be used for?

  • Commercial vehicles and vans
  • Cars used for business purposes
  • Plant and machinery
  • Manufacturing and production equipment
  • IT and office equipment
  • Specialist and industry-specific equipment
  • New or used assets
  • Replacement or additional business assets

Funding new or used assets

Businesses don’t always need brand-new equipment. Depending on the asset and lender criteria, finance may be available for both new and used equipment.

We look at the asset being purchased, the business’s circumstances and the overall funding requirement before considering potential options.

Asset Refinancing

If your business already owns valuable assets, it may be possible to release capital from them through asset refinancing.

This could provide additional working capital without having to sell the underlying asset, subject to lender criteria and the overall financial position of the business.

The right structure matters

Asset finance can take different forms, and the most suitable structure will depend on the asset, its cost, how it will be used and the business’s circumstances.

At BAT, we don’t start with a particular finance product. We start by understanding what you are trying to achieve and then consider which funding options may be appropriate.

Deal First. Lender Second.

We look at the asset, the business and the wider funding requirement before considering potential finance providers.

With over 35 years of banking and lending experience, BAT understands that the right funding solution isn’t always the first one that comes to mind.

Discuss Your Asset Finance Requirement

Whether you are purchasing equipment, replacing vehicles or looking to release capital from existing assets, talk to BAT about your requirements.

 

Discuss Your Funding Requirement