What is Asset Finance?
Having enough cash upfront to buy the most innovative plant and machinery, equipment or the latest commercial vehicle, isn’t always attainable. That’s where asset finance can help.
Asset finance allows you to purchase much-needed tech and equipment, or the most up to date fleet of vehicles, without having to pay upfront, allowing your business to retain its cash, pay for the assets in smaller, more affordable monthly payments over time and help your business to grow.
The home of business.
At PMD, we believe that business growth should be at the forefront of any business agenda and that’s where asset finance can be so valuable. Waiting until you have enough cash upfront isn’t always feasible for some businesses and can slow down your business growth. With asset finance, you can gain access to the assets your business needs immediately and start generating revenue from them.
Business finance for the bold.
We’re more than just one of the UK’s largest independent providers of business finance: we like to think we bring something extra. We bring ideas, creativity, and support to your business that you may not have even realised you were looking for. As winners of the NACFB Asset Finance and Broker of the Year for 2021 and 2022, it’s safe to say we know what we’re talking about.
Our unrivalled range of financing options and specialists within asset finance offers you several flexible, competitive, and diverse funding lines to drive your business forward. With over 100 asset finance providers on our panel, all of whom specialise in different industries or asset types, we’re certain we can find the best solution to fit the needs of your business.
Regardless of size, sector or complexity, we’ll do take the stress away and negotiate the best possible terms so you can spend time doing what you do best. Our friendly and knowledgeable team can source facilities for almost any asset and structure them with nil deposits, VAT deferrals, and extended terms. We offer hire purchase, operating lease, and finance lease, so the choice is yours.
Making finance happen.
Funding constraints can often have a negative impact on businesses that are heavily reliant on assets. Businesses such as haulage, construction, engineering, and manufacturing will need multiple credit lines so that none of their funders are too exposed. Our extensive panel of asset finance providers mean there are less constraints and more opportunities for growth.
We get to know you and your business so that we can provide the knowledge and advice you need to succeed. There may be assets you need that you weren’t aware could be financed such as commercial vehicles and manufacturing machinery, full office fit-outs and IT upgrades, and even intangible assets such as partitioning, warehouse racking and mezzanine floors.
With facilities starting from just £5,000, we can guarantee to find the asset finance facility for you. Deals can be agreed within a matter of hours and completed the same day. The asset being financed is the only security needed, leaving your other assets unencumbered. Our team of specialists can also facilitate larger, leveraged asset finance requirements in the millions, meaning the growth plans of your business can remain undisrupted by cashflow concerns.
If you’re considering asset finance to boost your business growth, get in touch today and let’s see what we can do together.
We have just completed our new asset finance via PMD. Tom and the team provided all the help and guidance we needed, and the whole process was so much more streamlined and smooth compared to our experience trying to use the bank who just make things over complicated which ultimately lost the sale. I would recommend PMD to anyone looking at sourcing new equipment and a phone call to Tom will be the first I make when we are looking to expand in the future.
Related case studies
From startups and sole proprietors through to large well established companies. Our client range is extremely diverse but, they have a common theme. They all need support to fund business assets and development projects.