Healthcare

The healthcare industry makes heavy use of asset finance as it allows hospitals and clinics to borrow money to purchase equipment, supplies, and vehicles. Equipment leases are common here since leasing allows institutions to pay for pricey medical equipment over time rather than all at once, helping them to maximize cash flow. With so many different moving parts and high costs associated with running a hospital or clinic, it’s easy to see why asset finance UK is so widely used in these fields.

Comments

Post a Comment

Popular posts from this blog

Construction

One of UK asset finance’s primary purposes is to provide funding for large projects and, with construction being one of Britain’s biggest industries, it’s no surprise that there is a lot of asset finance available.    From equipping new buildings with furniture and fixtures to retrofitting them to make them greener, more efficient, and more secure, there are plenty of construction projects which will require some form of asset finance.    However, there are also many ways in which companies can use asset finance UK for other kinds of assets, such as vehicles or equipment.
Read more

Transport & logistics

The shipping and transport industry is one of the oldest, most important industries on earth. Transport & logistics businesses are some of our favorite asset finance clients because they help keep people and products moving around—you need to get your products delivered to your customers, right?    If you want to expand your business with a piece of industrial equipment that can lift or move heavy objects (e.g., cargo, packages, parts), then you might be a good candidate for UK asset finance. There’s no reason to invest tens of thousands of pounds into something if you don’t have to! 
Read more

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!
Read more