Can I refinance existing equipment to release cash or consolidate agreements?
Refinance equipment to release cash, lower payments or consolidate agreements. Eligibility depends on asset value, age, condition and lender criteria.
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Can I get equipment finance with adverse credit or past CCJs?
Equipment finance may be available with adverse credit or CCJs. Specialist lenders, brokers and asset loans can boost approval—get a Quick Quote.
Can I finance used or second-hand equipment?
Yes — UK businesses can finance used equipment via HP, leases, chattel mortgages or asset refinance; terms depend on age, condition and valuation.
Can I finance items bought at auction or via private sale?
Many auction or private-sale purchases can be financed if you have clear title, valuations and paperwork—check options beforehand; get a Quick Quote.
Can I finance IT hardware, software, or technology upgrades?
UK businesses can finance IT hardware, software and upgrades via equipment finance, leases, loans or vendor deals. Prepare quotes and apply.
Can I finance equipment from overseas suppliers or imported assets?
UK businesses can often finance imported equipment — lenders require pro‑forma invoices, shipping/customs documents, compliance checks and costs.
Can delivery, installation, training, and warranties be included in the finance amount?
Often yes - delivery, installation, training and qualifying warranties can usually be included in equipment finance, leases or hire purchase.
Are balloon payments available on equipment or vehicle finance?
Balloon payments are common on UK equipment and vehicle finance - lower monthly costs but higher total interest and end-of-term funding risks.
Will the eligibility check or Quick Quote affect my credit score?
Quick Quotes usually use soft credit checks that don't affect your credit score. A hard search only occurs with your consent for a formal application.
Who owns the asset during the agreement, and what happens at the end?
Ownership depends on finance type—lender may keep legal title or you may own it. At the end: return, buy, renew or refinance; check contract.
What’s the difference between hire purchase, finance lease, and operating lease?
Compare hire purchase, finance and operating leases: ownership, balance-sheet, cashflow, tax differences - get a free Quick Quote to match UK lenders.
What’s the difference between a Decision in Principle and a formal offer?
DIP = quick, non-binding lender indication; formal offer = legally binding terms after full underwriting. Use DIP to shortlist lenders.