Corporate Asset Finance

Most companies understand that protecting the working capital of a business is essential to its survival. Paying outright for corporate assets can seriously jeopardise the financial health of a business, which must carefully balance its income and expenditure to avoid running into the red. With the UK economy continuing to shrink and banks remaining reluctant to lend to small and medium-sized businesses, gone are the days when companies could deliberately – and relatively safely – operate at a loss to secure market position.

Corporate asset finance provides a solution to companies that are in need of new capital assets. Portman Asset Finance, one of the leading providers of corporate asset finance in the UK, offers several different types of funding that can help businesses secure the assets and equipment they so desperately require. In order to fully appreciate the diverse range of financing options made available by Portman Asset Finance, it is necessary to understand what is meant by corporate asset finance.

Essentially, corporate asset finance describes a type of funding that enables businesses to acquire various capital assets, such as new machinery, tools, equipment, vehicles, materials and so on. Corporate asset finance works when a provider, such as Portman Asset Finance, secures capital assets on behalf of a company, which pays for the assets by instalment over a fixed period of time. Not only is corporate asset finance usually more cost-effective than paying upfront for capital assets, the financial arrangement tends to be more straightforward in so far as the provider deals with the manufacturers directly.

Portman Asset Finance has established itself as a market leader in the financial services sector after years of securing capital assets for clients. The company can finance any type of capital asset – the average value of which ranges from £1,000 to £1 million – required by a business. Portman Asset Finance also boasts considerable expertise and experience in financing business equipment for certain types of industry, including manufacturing, construction, catering, IT, pharmaceutical and general office. Recent contracts fulfilled by Portman Asset Finance include the provision of funding for vending machines, medical and dental equipment, construction tools and shop fitting and refurbishment projects.

Companies of all types and sizes are attracted to Portman Asset Finance’s highly competitive rates (as low as 3% subject to status), flexible terms and lengthy periods of repayment, which are 100% tax deductible. Portman Asset Finance also decides on new applications within 2 hours, provides immediate access to funds and accepts around 98% of applications.

Contact the Corporate Asset Finance Team at Portman Asset Finance on 0844 800 8825.