Education
A big reason for asset finance gaining popularity is due to its ability to aid educational establishments. More and more schools are opting for asset finance to bring about new equipment for their students, such as laptops and iPads. This is because UK asset finance allows companies or individuals to pay back what they have borrowed over some time, whereas with cash purchase, you would usually have to pay upfront. This leads to less pressure on school budgets, meaning you can get your desired equipment much quicker!
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