Equipment Finance
Fast, Flexible Finance to Get the Equipment Your Business Needs
Check eligibility
in 20 seconds
Apply online
in 2 mins
Decisions in
less than 1hr
Borrow between
£10,000 - £250,000
No fees to
settle early
What is Equipment Finance?
Equipment Finance is a way to avoid the large upfront cost of having to purchase new equipment or machinery by spreading the cost over affordable monthly payments. This means your business can get what you need now, capturing immediate opportunities and generating revenue whilst repaying the funds as those earnings come in.
How Does Equipment Finance Work ?
With equipment finance you don’t have to wait until you’ve saved for the full cost of a piece of machinery, equipment, vehicle or specialised technology to purchase. Instead, Equipment Finance allows you agree a finance arrangement that covers the cost of the equipment you want whilst then allowing you to use the equipment from day one in your business. Like other business loans, SMEs can then repay the cost over a set term via regular monthly repayments (and in some cases weekly or other payment structures) meaning you can match the cost to the income the equipment helps you generate.
What Can an Equipment Loan Be Used For?
Businesses use equipment finance to fund a huge range of essential assets; from core work-horses like plant, machinery and manufacturing equipment to vehicles and commercial transport needed to keep operations moving. Businesses also use equipment finance products to invest in office or IT equipment such as laptops, servers or specialist software and hardware. This finance product also supports the purchasing of sector-specific assets across hospitality, construction, logistics and production. In short, if the equipment is vital to how your business operates and would normally require a significant upfront outlay, equipment finance allows you to secure it immediately without draining your working capital.
Who is Equipment Funding Suitable For?
An Equipment Finance loan may be the right product for you if:
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You need equipment now in order to take on new work, increase capacity or improve productivity but don’t want to tie up large amounts of cash up-front.
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Your business has strong revenue or clear future earnings from the equipment, but you prefer to match repayments to income.
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You want to preserve cashflow and reserves for other strategic priorities such as marketing, hiring or stock.
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You’re looking to stay competitive by using modern, efficient equipment rather than older assets which may become a drag on productivity.
Why Choose to Secure Equipment Finance with Us?
With our expertise at Century Business Finance, you’ll benefit from specific guidance that helps you structure the right funding solution for your business, backed by access to a wide panel of specialist lenders who understand equipment finance in your sector. We keep the process fast and straightforward, with minimal paperwork and quick decisions so you can move when you need to.
Alternatively you can apply online in just a couple of minutes with a simple process, backed up by a dedicated Account Manager who will guide you through each step if needed. Once approved, funds can often be released the same day, giving you fast access to the finance you need to purchase that equipment or machinery to support business operations.
Want to explore further Business Finance options?
If you’d like tailored advice or want to check your eligibility for this type of product or any other Business Finance, speak to the Century Business Finance team today. We’ll compare lenders from our panel and find the best financial support for your business.
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