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Asset Finance

Asset finance is a way to purchase assets without taking out a conventional loan.

It allows you to spread payments over an agreed term and so avoid making big one-off payments for the extra machinery or equipment your business might need to grow.

Features and benefits

  • Funding for all types of assets from farm vehicles to plant and office equipment.
  • Competitive interest rates.
  • Response to funding requests within 24 hours.
  • A fast and efficient phone-based service.

Annual Investment Allowance

How can it help your business?

Show me how (PDF)Opens in new tab, 84KB

Hire Purchase

  • Straightforward financing and asset ownership.
  • Spread the asset cost 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

  • Immediate use of new assets with minimal initial financial outlay.
  • Rental payments over an agreed term without the responsibility of ownership.
  • Flexibility of initial deposit amount and period of funding.

Assets funded include:

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

These packages can help healthcare businesses fund surgery equipment such as:

  • dental chairs
  • scanners
  • beds and hoists
  • office equipment.


These packages can help agricultural businesses fund:

  • light and heavy commercial vehicles
  • tractors
  • combine harvesters
  • commercial vehicle trailers
  • all-terrain vehicles
  • other farm equipment.

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.

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.