Asset Finance | Argentum finance

Asset Finance

At Argentum we are specialists in providing a range of flexible and straightforward asset finance solutions to SME businesses in the Midlands and the rest of the UK.

Whether you are starting, acquiring or expanding your business, at some point you will have to borrow in order to grow or replace your business assets.

When sourcing business equipment or other business assets, buying outright many not be the best option. Asset finance can offer many advantages and help solve the problems posted by the need to maintain, replace or update depreciating assets in a fast-moving and highly competitive marketplace and getting the right financial help can make a vast difference.

Asset Finance can provide a source of flexible credit, give increased control over cash flow and preserve working capital and it is separate from everyday business banking and overdraft facilities.

Types of assets we finance

  • Plant and Machinery
  • Cars
  • Vans
  • HGV's
  • Construction
  • Buses and Coaches
  • Agricultural Equipment
  • Technology
  • Printers
  • Healthcare
  • Renewable Energy

When you are looking to purchase an asset it is important to obtain the type of finance that best suits your cash flow and business needs.

Hire and Lease Purchase

Allows your business to own the asset at the end of the agreement.

The finance company buys the asset on your behalf, you will then pay an initial deposit which is typically around 10%. The remaining balance, plus interest, is then paid over an agreed period. During this period, ownership rests with the finance company, who is effectively hiring use of the asset to your business.

Once the final payment is made, ownership is transferred to you.

Finance Lease

Allows the business to use the asset without ownership passing to your company. Under a finance lease, the finance company owns the asset throughout and the agreement covers a set period – considered to be the full economic life of the asset. Often, there is an option to continue leasing at a reduced, or ‘peppercorn’ rate, at the end of the contracted period.

As you are not the owner of the asset, you cannot sell the asset during the rental period.

The finance company can claim the writing-down allowances and pass this benefit to you in reduced rentals.

Asset Refinance

Releases equity in wholly or partly unencumbered assets.  This can provide much needed capital injection into your business without affecting your existing banking relationships.

Asset finance or refinancing can be provided for both new and used assets and for a wide range of machinery and equipment needed to operate your business.

Asset Finance benefits:

  • Assets and capital equipment can be paid for from the revenue they earn.
  • Rates are competitive and often lower than bank funding rates because of the security provided by the asset being purchased.
  • Longer-term options than many bank loans up to 5 years.
  • Fixed and variable rates are available providing flexibility.
  • It is generally non-cancellable by the lender, providing certainty to businesses.
  • In a recession, leasing is particularly well positioned to help businesses where there are low taxable profits.
  • Depending on the situation, companies may benefit from tax advantages.



Funded £80,000.00 of Arcade Machines ready for the 2015 season in Skegness.