Asset Finance

When you want to invest in new business assets.

Request an Asset Finance Repayment Holiday

Please download, complete electronically and email your form to to start your enquiry.

Download form (PDF)PDF, opens in new window 46KB

Coronavirus government backed lending schemes

There are government backed lending schemes available to those businesses impacted by COVID-19.


The Bounce Back Loan Scheme (BBLS) and the Coronavirus Business Interruption Loan Scheme (CBILS) are available to clients with a turnover of up to £45 million and for those looking to borrow between £2,000 and £5 million 

Find out more

To keep your business running smoothly – and growing in line with your plans – you may need to buy new vehicles, equipment or machinery. We understand that this can be costly, so we offer a number of options to help you spread the cost. Our hire purchase and leasing options are provided by our specialist team at Lloyds Bank Commercial Finance.

Key Features

  • Finance a range of assets including vehicles, machinery and equipment.
  • Borrow from £7,500 over 1 to 5 years.
  • Instant response and attractive prices.
  • Flexibility of initial deposit amount and period of funding.

Annual Investment Allowance

How can it help your business?

Show me how (PDF)Opens in new tab, 84KB
  • Lloyds Bank Commercial Finance can offer fast, affordable and efficient ways to fund new equipment when you need it. Funding assets in this way means that you can match your borrowing to the useful lifespan of the asset, leaving your capital free to invest in other business areas.

    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.

    Why Lloyds Bank Commercial Finance?

    • Flexibility in length of agreements and initial deposits.
    • Response to funding requests within 24 hours.
    • Funding for a range of assets including vehicles, plant and office equipment.
    • Attractive interest rates.
    • Quick, friendly and highly efficient phone service.
    • Assurance of dealing with one of the leading providers of Asset Finance facilities.

    Assets funded include:

    • Plant & machinery.
    • Cars, buses and coaches.
    • Heavy/light commercial vehicles.
    • Commercial vehicle trailers.
    • Agricultural equipment.
    • Construction equipment.
    • Medical equipment.
  • Email


    Visit Lloyds Bank Asset Finance to launch the Hire Purchase calculator and see the benefits of Asset Finance.

Our commitment to Scottish business

We're committed to helping Scottish businesses grow and develop by giving them the support they need – our Business Charter will tell you more.

Making sure you get a fair deal

We want to find a product that’s right for your circumstances, which is why we adhere to the Standards of Lending Practice, which are monitored and enforced by the Lending Standards Board.

To find out more you can read the statement of responsibilities, which details what’s expected of us, the lender, and you, the borrower.


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 Scotland Limited, Registered in Scotland no. 93252. Registered office: 110 St Vincent Street, Glasgow, G2 5ER.
Lloyds Bank Commercial Finance Limited is authorised and regulated by the Financial Conduct Authority under registration number 724228 for activities relating to certain types of consumer credit which are regulated under the Consumer Credit Act 1974 and by the Financial Services and Markets Act 2000. We are not deposit takers and are not regulated by the Prudential Regulation Authority.
Asset Finance facilities are provided by Lloyds Bank plc. Lloyds Bank plc. Registered Office: 25 Gresham Street, London EC2V 7HN. Registered in England and Wales no. 2065. Authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority under Registration Number 119278. The provision of credit or leasing services by Lloyds Bank plc is subject to your meeting their Credit approval. Please ensure that you only apply for credit or leasing services that you can comfortably afford.