We work alongside a hand-picked panel of lenders to find the best business equipment finance solution for your needs. Business equipment finance can help you access the vital equipment your business requires in order to grow without compromising on cash flow.
To become a supplier utilising our services please call or submit an application.
Financing your equipment can help you keep up with the latest technology and stay ahead of the competition. With equipment finance from Pure Business Finance, you can acquire the equipment you need without tying up cash reserves. Our financing solutions offer flexible terms and payment options to meet your needs. We finance a range of equipment, from telecoms equipment to company vehicles.
Talk to one of our friendly, professional team members today to discuss your equipment finance requirements, call 0191 8143 888.
The team at Pure Business Finance have years of industry experience and works closely with a large panel of business equipment finance lenders. There are a variety of different options available such as leasing, hire purchase and refinance.
Our team of finance experts will talk through the available options and provide a free quote for the option best suited to your business needs.
Enquire nowThe right equipment can help you take your business to the next level, but financing can be a roadblock. At Pure Business Finance, we offer equipment financing to help you overcome this challenge and achieve your goals. Our process involves just three steps:
Find a supplier or manufacturer that offers a solution suitable for your business.
Speak to an advisor or enquire through our website & we'll check your eligibility.
We will find a competitive offer and help you with the documents before the funds are released.
You can expect personalised service and support every step of the way. Our team of experts are available for telephone support and will provide you with digital documents for ease of use. We believe in being clear and transparent throughout the process, so you’ll always know exactly what to expect.
Enquire nowThere are many things to consider when it comes to business vehicle finance. Please see some of our frequently asked questions or give us a call to see how we could help.
Almost any type of asset can be financed through Hire Purchase, including vehicles, machinery, equipment, and even intangible assets like software and licenses.
When equipment is purchased via a hire purchase agreement the vat is paid upfront and all of the subsequent payments are made exclusive of vat. The item purchased sits on the business's books and the debt is logged. Once the full number of payments have been made the purchased item is owned by the business.
When equipment is purchased via lease rental the agreement sits off the balance sheet and is simply classified as a rental. Lease rental agreements are generally minimum term and all payments are made plus vat rather than the vat being paid upfront as a lump sum making lease rental agreements attainable and customer friendly. Because the equipment is rented and not owned the cost of each payment is 100% tax deductible for the full term of the minimum rental period which offsets the overall cost of borrowing considerably. Once all rental payments have been made and the minimum rental term has been fulfilled it is possible for the title of the goods to be purchased for a one-off fee and ownership of the goods then belongs to you.
For further information please don’t hesitate to contact one of our friendly helpful team.
The amount you can borrow for Equipment Finance or Soft Asset Finance depends on various factors, including the value of the asset, your creditworthiness, and the lender's criteria.
Yes, both Equipment Finance and Hire Purchase can be used to finance used assets, as long as the asset meets the lender's eligibility criteria.
Repayment terms vary depending on the lender and the specific financing option, but typically range from one to five years. Some lenders may offer longer repayment terms for certain types of assets.