Business Asset Finance - Soft Assets

Every business and industry sector should have the chance to develop and grow by investing in new assets. At Kingsley Asset Finance we support businesses in a wide variety of sectors from construction to manufacturing, leisure to the professions.

Over the years we have become recognised and respected for considering many types of soft assets and specialist equipment that other asset finance lenders are more reluctant to fund.

*Please note that Soft Asset funding is currently unavailable. Please refer to your broker manager and keep an eye on our news section for more updates*

Business Asset Finance - Soft Assets

Finance Term

Our typical finance term is between one and five years.

Advances are from £3000 to £25,000.

Minimum deposits (subject to credit) are:

  • Hire Purchase: 10% plus all VAT on purchase price
  • Finance Lease: 3 monthly rentals in advance plus VAT

Products & Fees

  • Hire Purchase (Non-Regulated)
  • Finance Lease (Non-Regulated)

Standard documentation fee: £295.00 + VAT Option to Purchase fee: £75.00 + VAT (HP only)

For pricing & commission, email
newbusiness@kingsleyassetfinance.co.uk

Requested Information

Normally we would require the following:

  • Completed proposal form
  • Full asset description/cost/deposit
  • Latest set of financial statements & recent management accounts
  • Last 3 month bank statements
  • Directors Asset & Liability statement
  • Supplier/Dealer details
  • Consent to carry out credit searches

Soft asset types

As a broker you will know that it can be hard for some businesses to secure asset finance. It might be due to the industry sector, age of the plant, equipment and vehicles or their trading history. See below our soft asset list:

  • Audio visual & telecoms equipment
  • Beauty & dental equipment
  • Computer hardware & software
  • Gym equipment
  • Laundry equipment
  • Office furniture & photocopiers
  • Shop equipment & fittings
  • Waste disposal equipment