• Funding those essential purchases

    Business success in a competitive landscape means investing in capital assets to stay ahead of the game, but purchases can strain your cashflow and limit your financial headroom.

    Let Asset Finance help you purchase essential equipment to drive your business forward without tying up your cash.

    What acquisitions can Asset Finance fund?

    Key growth assets can be acquired for your business through Asset Finance, such as:

    • Equipment – whether engineering, office, construction, medical or agricultural
    • Construction plant and machinery
    • Heavy goods vehicles
    • Light commercial vehicles
    • New and used cars.

    What benefits can Asset Finance bring to your business?

    • Versatility - fund purchases of a diverse range of business-essential assets, including vehicles and machinery.
    • Smart finance - run your business efficiently and manage your budget.
    • Prudence - avoid paying cash up-front and ease your cashflow with regular payments over an agreed term.

    What are my funding options?

    • Hire Purchase - Businesses looking for straightforward financing and asset ownership should consider Hire Purchase. You benefit from spreading the cost of the asset over an agreed term, followed by a one-off purchase option fee, which transfers ownership to you at the end of the term.
    • Finance Lease - Businesses looking for immediate use of a new asset but with minimal initial financial outlay should consider a Finance Lease. This allows you to benefit from the full use of the asset for an agreed term without the responsibility of ownership, in return for rental payments.

    Should your asset need replacing before the term is complete, early settlement is possible and fees may apply.

    Why Lloyds Bank Commercial Finance?

    • Responsiveness – funding requests turned around in 24 hours.
    • Affordability – competitive rates of interest and terms.
    • Flexible – we work with you to determine the period of funding and initial deposit made.
    • Expertise - a relationship manager dedicated to your needs.
    • Specialist sector support, across construction, engineering, manufacturing, plant hire, printing transport, business services and professional practices.

    We’ve been helping fund assets for over 40 years – driving forward business growth. We’ll help you find the funding package that supports your business ambitions.

    Next steps

    Speak to your Relationship Manager or call us on 0345 602 4796 to learn more about Asset Finance and our other business funding options.

    Hire Purchase and Leasing and Asset Finance facilities are provided by Lloyds Bank Commercial Finance. Lloyds Bank Commercial Finance is a trading name of Lloyds Bank Commercial Finance Ltd. Registered office: No.1, Brookhill Way, Banbury OX16 3EL. Registered in England and Wales no.733011. Lloyds Bank Commercial Finance Ltd is part of Lloyds Banking Group and is not authorised or regulated by the Prudential Regulation Authority or the Financial Conduct Authority. When using these product and services with us your agreement will be with a Lloyds Banking Group company whose terms and conditions will apply. The provision of credit or leasing services by us is subject to your meeting our Credit approval. Please ensure that you only apply for credit or leasing services that you can comfortably afford.

  • Read our latest insight articles

    Our articles provide ideas on how to improve efficiencies and mitigate risk.

    Read our latest insight articles
  • Document-icon

    Ensure you're up to date with our products and services' latest small print.

    Terms and conditions
  • icon - pie chart sands

    Timely and topical insight to your inbox.

    Sign up
  • contact icon - purple

    For more information, contact your local relationship director or use our online directory.

    Find a contact

Lloyds Bank is a trading name of Lloyds Bank plc, Bank of Scotland plc, Lloyds Bank Corporate Markets plc and Lloyds Bank Corporate Markets Wertpapierhandelsbank GmbH.

Lloyds Bank plc. Registered Office: 25 Gresham Street, London EC2V 7HN. Registered in England and Wales no. 2065. Bank of Scotland plc. Registered Office: The Mound, Edinburgh EH1 1YZ. Registered in Scotland no. SC327000. Lloyds Bank Corporate Markets plc. Registered office 25 Gresham Street, London EC2V 7HN. Registered in England and Wales no. 10399850. Authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority under registration number 119278, 169628 and 763256 respectively.

Lloyds Bank Corporate Markets Wertpapierhandelsbank GmbH is a wholly-owned subsidiary of Lloyds Bank Corporate Markets plc. Lloyds Bank Corporate Markets Wertpapierhandelsbank GmbH has its registered office at Thurn-und-Taxis Platz 6, 60313 Frankfurt, Germany. The company is registered with the Amtsgericht Frankfurt am Main, HRB 111650. Lloyds Bank Corporate Markets Wertpapierhandelsbank GmbH is supervised by the Bundesanstalt für Finanzdienstleistungsaufsicht.

Eligible deposits with us are protected by the Financial Services Compensation Scheme (FSCS). We are covered by the Financial Ombudsman Service (FOS). Please note that due to FSCS and FOS eligibility criteria not all business customers will be covered.