What is Asset Finance?
Asset finance is a type of financing that allows businesses to acquire or lease equipment, vehicles, or other assets without paying the full cost upfront. Asset finance can help businesses improve their cash flow, reduce their tax liability, and access the latest technology and equipment.
Here at Percy Finance we have decades of experience and knowledge about the asset finance industry.
We work with a wide variety of businesses across a range of sectors including energy, construction, agriculture, healthcare, engineering and many more.
Need a personalized finance solution?
Contact one of our highly experienced and friendly representatives today.
Frequently Asked Questions About Asset Finance and Business Loans
Asset finance allows businesses to acquire assets such as equipment, vehicles, or machinery without paying the full cost upfront. Instead, the cost is spread over an agreed term with regular repayments. Approval and terms are subject to lender criteria and status.
We aim to provide approval decisions within 24–48 hours of receiving a complete application. Approval times may vary and are subject to status, affordability assessments, and the lender’s requirements.
Percy Finance works with a range of lenders to finance assets including vehicles, machinery, IT equipment, and office furniture. Specific asset eligibility may vary depending on the lender’s criteria.
We work with a panel of lenders who may be able to assist businesses with a range of credit profiles. Approval remains subject to status, affordability checks, and each lender’s underwriting policy.
Asset finance typically involves borrowing funds secured against the asset being purchased, whereas a business loan provides a lump sum that can be used for broader business purposes. Each option has different features, benefits, and risks depending on your needs.
Documentation requirements vary by lender but usually include proof of identity, business bank statements, business accounts, and details of the asset being financed. We will provide a checklist to help guide your application.
Yes, Percy Finance also offers unsecured business loan options through a panel of lenders. Terms and conditions apply, and approvals are subject to lender requirements and affordability assessments.
We assist businesses across a range of sectors, including construction, manufacturing, retail, healthcare, professional services, and more. Availability of funding depends on the specific requirements of the business and the lender’s criteria.
Loan amounts vary depending on the asset, the business’s financial profile, and the lender’s assessment. We work with lenders who can offer asset finance from approximately £5,000 to £500,000+, subject to credit approval.
Percy Finance offers access to a broad panel of reputable lenders, competitive rates, flexible terms, and personalised service. We aim to make the process simple and efficient, although approvals and terms will always be subject to each lender’s assessment.
EXCELLENTTrustindex verifies that the original source of the review is Google. I had an outstanding experience with Percy Finance — the entire process was smooth from start to finish. Jon, Beth, and Sam were absolutely amazing throughout, always professional, responsive, and incredibly helpful. They made my experience feel seamless and straightforward. I’ll definitely be using them again for my future purchases. Highly recommend!Trustindex verifies that the original source of the review is Google. Great Experience and very informative! Would definitely recommend!Trustindex verifies that the original source of the review is Google. Not an easy deal to setup due to age of asset requiring funding but they did it smoothly, Abbie's support and communication is excellentTrustindex verifies that the original source of the review is Google. Abbie is always, polite, friendly and very efficient and importantly, competitive. I couldn`t recommend her highly enough.Trustindex verifies that the original source of the review is Google. Great to deal with and helpful as alwaysTrustindex verifies that the original source of the review is Google. We recently used Percy Finance to fund 2 vehicles for the business. I dealt with Abbie Black who was both professional and friendly, providing a quick turnaround on competitive quotes, transacting the agreements in what seemed like no time at all. I will use and recommend Abbie at Percy Finance for all my future financing options.Trustindex verifies that the original source of the review is Google. Abbie Black from Percy Finance has helped our company on a number of finance deals recently and in the past that we have needed to get sorted for new purchases of capital assets. She has provided a seamless service with fast turnaround so easy to deal with would highly recommend.Trustindex verifies that the original source of the review is Google. Big thank you to Abbie Black for helping me with the finance on my work vehicle. Really helpful and and made the process easy.Verified by TrustindexTrustindex verified badge is the Universal Symbol of Trust. Only the greatest companies can get the verified badge who has a review score above 4.5, based on customer reviews over the past 12 months. Read more
No matter who you are, we’ve got what you need.
Need more information?
Office
Clinton House, High St, Coleshill B46 3BP
Contact
enquiries@percyfinance.co.uk
Open Hours
Monday – Friday: 9am — 5pm
