Easy budgeting, as payments are fixed and made at regular, agreed intervals. You’ll always know how much and when to pay.

In most instances, the agreement is secured on the asset itself, rather than on the business or by the individual.

It can allow for the acquisition of the most up to date equipment available, rather than having to settle for a lower specification.

Greater flexibility in cash flow and use of available funds.

Payments on certain types of asset finance are tax-deductible business expenses, and tax relief may be available on the capital investment.