Asset Finance is one of the most commonly used financial products. The funding will enable your business to purchase, for example, new machinery, vehicles, computer systems and software.

In broad terms, asset finance will allow your business to grow and increase your turnover.

There are a variety of products that fit your requirement:

Hire Purchase (HP): This is when you make regular agreed payments for the purchase of goods over a period of time (from 12 months up to 60 months) by paying a deposit (usually around 10%) and the VAT is paid up front.
  • The asset sits on your balance sheet
Hire Purchase (with VAT deferral): Here the lender pays the VAT up front but claims this back from your business on the 3rd direct debit. This system allows you to claim the VAT back before it needs to be paid.
  • The asset sits on your balance sheet
Leasing: This is when the lender buys the asset and leases it back over a time period (12 months to 60 months). Your monthly repayments will include VAT.
  • The lender owns the asset and this will not be documented on your balance sheet.
  • There is usually an option to buy any assets at the end of the lease term.


To discuss Asset Finance in more detail, book a friendly chat with a member of our team today: 

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We have over 15 years experience building facilities to best suit your business needs.


"We got introduced to TSF before we started our business. They helped support our plan and vision to raise finance for the business offering hints and tips to help improve our systems and processes."
Chris Neilson – Managing Director – Neilson Joinery Superstore

"I’ve worked with Alan for many years on both large and small projects. Alan provides the highest level of service to clients, and often becomes their long term finance partner. I have seen him help grow and save businesses. He works tirelessly to get his clients the best result."
Allan McLeod, Manging Director, M3R

"Alan at TSF finance quickly understood our requirements and was relentless to provide a workable finance solution. Like the company name Alan made himself available 24/7 to answer any question that we had and ensured the full process was easy and painless"
Robert Connelly, Commercial Director, HCS Water Treatment

“We have known the team at TSF well before the business was formed. Their expertise & passion for helping your business achieve its ambitions, working as trusted business partners in getting you the right products needed to help your business grow and be successful.”
Lorraine Murray MBE – CEO - Confida FM

"TSF assisted us in raising finance for a fast growing client. The client's assets were not standard asset finance assets. However, TSF took the time to understand the business model and enabled the assets to be approved and funded within our client's timescales"
Simon Freshwater – Partner – freshwaters