What information do I need to provide for a Quick Quote?
Provide company/contact details, funding purpose and amount, recent financials, credit history and assets. Upload docs to speed lender matches.
Christian Strutt
What happens if an asset becomes obsolete or breaks down—who handles maintenance?
Who pays for maintenance and obsolescence under ownership, hire purchase, lease or asset finance - plus tips on contracts, warranties and insurance.
What factors affect my interest rate and terms?
Factors affecting business loan rates and terms: credit history, financials, industry risk, product type, security and market conditions. Get matched.
What documents do lenders usually ask for (accounts, bank statements, VAT returns)?
Lenders usually want statutory & management accounts, 3-12 months business bank statements, VAT returns, ID, contracts and security; tips to organise.
What deposit is typically required for hire purchase?
Typical UK hire purchase deposits range 0%–30% (commonly 10%–20%), varying by asset, lender and borrower — get a quick quote to check options.
What assets can I fund (vehicles, plant, IT, green tech, etc)?
Guide for UK businesses on funding vehicles, plant, IT, green tech and specialist equipment — finance types, lender criteria and next steps.
What are the typical minimum and maximum asset finance amounts?
Asset finance can start from £1k-£5k; typical SME ranges £5k-£500k, with lenders offering up to multi-million. Get matched via Quick Quote.
What are the potential tax considerations for asset finance? (Do I need professional advice?)
Asset finance affects capital allowances, VAT recovery, interest/rental deductions and disposal charges. Seek tax advice for complex or large deals.
What are the minimum trading history and turnover requirements?
UK lenders typically expect 6-24 months' trading and turnover £100k-£1m+, focusing on consistent revenue, margins and asset-backed security.
What agreement lengths are available (eg – years or longer)?
Typical business finance terms: short (days–12m), medium (1–7y) and long (7–25+y). Match term to asset life, cashflow and total cost.
Is my enquiry confidential, and how is my data handled securely?
Your enquiry is confidential: we share only minimal, consented info with matched lenders, use TLS and encrypted storage and uphold UK data rights.
Is insurance required for financed assets?
Lenders often require insurance on financed assets—cover types, enforcement, costs and steps to arrange correct policies; get matched via Quick Quote.