Retail Industry

Property, motor vehicles, and furniture are all expensive purchases, so it’s natural to want to spread out payments over some time. This is where asset finance comes into play. It’s a simple idea—you purchase an item you can afford upfront, but that you know won’t cover your monthly payments at full price. 

 

Then, you agree with an asset finance lender who takes ownership of that item and offers you fixed monthly installments. When you pay off the loan, they return your property. And if you fail to make those payments? They keep your property as collateral for their investment.

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