When the purchase is a specific, resaleable asset — trucks, machinery, plant — asset finance typically advances a higher share of the cost and stretches repayment to the asset's useful life.
When a term loan wins
Mixed uses (equipment plus hiring plus inventory), or assets with little resale value such as fit-outs and software, are better served by a term loan — secured or unsecured.
Combine them
A common pattern: asset finance for the fleet, a revolving working-capital line for operating cash. Model both in the calculator before you apply.
Figures are indicative and do not constitute advice or an offer of credit.
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Eligibility check and indicative term sheet, with fees set out in writing.
