Can LLPs apply? What about groups, subsidiaries, or SPVs?
LLPs, group companies, subsidiaries and SPVs can often access business finance - eligibility depends on lender rules, assets, cashflow and guarantees.
Christian Strutt
Can I use my own equipment or vehicle supplier?
Use your own equipment or vehicle supplier for UK business finance — often possible for new assets, but depends on lender, asset and paperwork.
Can I settle my asset finance agreement early, and are there charges?
You can settle asset finance early; costs depend on product/contract. Get a settlement figure and check fees, rebates, VAT and title release.
Can I refinance existing assets to release cash (sale & leaseback)?
Refinance owned assets via sale & leaseback to release cash while retaining use - ideal for established UK businesses. Get a free Quick Quote.
Can I include a balloon or final payment to reduce monthly costs?
Use a balloon (final) payment to cut monthly repayments and ease cashflow, but expect higher total interest, plus an end-term lump sum or refinancing.
Can I finance used equipment or second-hand machinery or vehicles?
UK guide to financing used equipment, machinery and commercial vehicles: lenders, finance types, valuations, eligibility, costs and next steps.
Can I finance multiple assets or a fleet in one agreement?
Finance multiple assets or a fleet under one agreement to simplify admin, cut costs and manage replacements - but check cross-security, covenants.
Can I finance assets from an auction, private sale, or import from abroad?
UK businesses can often finance assets bought at auctions, private sales or imported—check lender rules on condition, provenance, customs and paperwork
Are you a lender, broker, or independent introducer?
Compare lenders, brokers and introducers — Best Business Loans is an independent introducer matching UK businesses to lenders/brokers. Quick Quote.
Are there mileage or usage restrictions for vehicle finance?
Many vehicle finance deals include mileage and usage limits—disclose intended use, compare options, and be matched via Best Business Loans Quick Quote.
Are there any fees for using BestBusinessLoansai?
BestBusinessLoans.ai is free for Quick Quotes and matching. Lenders or brokers may charge fees. We disclose referrals—ask for a full fee breakdown.
Are personal guarantees or other security required?
When lenders require personal guarantees or other security, what that means, how to limit personal risk, and how Best Business Loans can help.