What is an Asset Finance Broker?
All Star Funding Solutions are an Asset Finance Broker based in Manchester and London. As Asset Finance specialists we help businesses to obtain the finance they require to purchase the assets which the business needs.
We act as an intermediary between the borrower and the lender. With a panel of over 30 Asset providers we can help your business find the most suitable finance solution.
Our panel of lenders include High Street banks, specialist finance providers, and leasing companies. As a FCA authorised broker we can help to source a wide range of financing options.
As an Asset Finance broker we are able to provide advice on the best type of financing. This can range from a simple hire purchase, finance lease, or operating lease to a more complex purchase.
Importantly one of our key roles involves assessing your needs, financial situation, and creditworthiness. This will help us to determine the most appropriate financing solution for your business.
Along with working with your business we can negotiate with lenders on your behalf to secure the best possible terms and rates.
Who are the Best Asset Finance Companies in the UK?
As we are an independent Commercial Finance Brokerage we cannot provide a subjective opinion on the “best” Asset Finance Companies in the UK.
In no particular order here are some of the top Asset Finance Companies in the UK, based on their size, reputation, and market share:
- Close Brothers Asset Finance: Close Brothers Asset Finance is one of the largest providers of asset finance in the UK. They offer a range of financing solutions, including hire purchase, leasing, and refinancing, to businesses across a range of sectors.
- Lombard: Lombard is a subsidiary of NatWest Group and is one of the UK’s largest providers of asset finance. They provide financing for a wide range of assets, including vehicles, machinery, and technology.
- Hitachi Capital: Hitachi Capital is a leading provider of asset finance in the UK. They offer a range of financing solutions, including hire purchase, leasing, and refinancing, to businesses of all sizes.
- Siemens Financial Services: Siemens Financial Services is a subsidiary of Siemens AG and offers a range of financing solutions, including asset finance, leasing, and loans. They provide financing for a range of assets, including machinery, vehicles, and technology.
- Aldermore: Aldermore is a specialist lender that offers a range of financing solutions, including asset finance, to businesses across a range of sectors. They provide financing for a range of assets, including vehicles, machinery, and equipment.
It should be noted that there are many other reputable Asset Finance Companies in the UK. The best company for a particular business will depend on their specific needs and circumstances.
Additionally it’s always a good idea to do your own research. We can help you compare quotes from different providers before making a decision.
Why Use An Asset Finance Broker?
There are several reasons why a business may choose to use an Asset Finance Broker:
- Access to a Wide Range of Lenders: Asset finance brokers have access to a wide network of lenders, including banks, specialist finance providers, and leasing companies. This means they can offer a range of finance solutions that are tailored to the specific needs of their clients.
- Expert Advice: Asset finance brokers are experts in their field and can provide businesses with valuable advice on the best type of financing for their needs. They can help businesses to understand the pros and cons of different financing options and guide them through the application process.
- Time-Saving: Applying for finance can be a time-consuming process, especially for businesses that are not familiar with the lending market. Asset finance brokers can save businesses time by handling the application process on their behalf, from initial application to final approval.
- Competitive Rates: Asset finance brokers have experience in negotiating with lenders and can often secure better rates than businesses would be able to on their own. This can help businesses to save money on their finance costs.
- Flexible Financing Solutions: Asset finance brokers can provide businesses with access to a range of financing solutions. These include hire purchase, finance lease, and operating lease. This means businesses can choose the option that best suits their needs and budget.
Overall, an asset finance broker can help businesses to access the finance they need. This will help the business to acquire the assets they require. Asset Finance helps the business by not having to tie up their own capital or disrupt their cash flow.
How to apply for Asset Finance?
Applying for Asset Finance is very simple. Enter your details below or call 0161 8211478 to speak with one of our specialists.
Asset finance brokers are professionals who help businesses to secure financing for the purchase or lease of assets, such as machinery, vehicles, and equipment. They work with a variety of lenders and financial institutions to find the best financing options for their clients.
Using an asset finance broker can offer several benefits for businesses looking to finance the purchase or lease of assets.
1) Access to a wider range of financing options. 2) Expert advice and guidance. 3) Time-saving. 4) Negotiating Power.
As an Asset Finance Broker we are paid directly by our lenders directly. This is in the form of a commission payment. We do not usually charge our Clients a fee unless the lender we use does not remit any commissions.
We act as the intermediary between your business and our panel of lenders. We look to match your requirements to those of our lenders to enable you to obtain the funding which you require. Using our skills we are able to speed up the process to match which lenders are able to assist against those that are not able to.