“Soft Assets” – What are they and can they be financed?
Asset finance incorporates more than heavy machinery and vehicles, In fact, it’s possible to finance almost anything for your business, including: - Computer hardware and software, telecommunication systems, solar panels, fire safety, office furniture, vending equipment, cleaning & laundry, security equipment, solar panels, scaffolding and so much more.
Whilst these assets often have a low tangible resale value, they are often essential to the fabric of business and key components in successful management and organisation.
Thanks to our extensive panel of funders, Lincoln Finance can support your acquisition of a wide range of soft assets.
There are various forms of finance options available including hire purchase and finance lease. The best solution will depend on the individual perspectives and objectives of each business.
In summary, Soft Asset finance is a flexible funding solution to access the equipment and software required for your business to function and grow.
What we do
As well established asset finance brokers, we are able to deliver the very best funding options available in today's highly competitive and challenging marketplace.
With over 20 years experience in asset based finance, our specialist knowledge and passion to deliver the most appropriate and competitive funding solutions, places us at the forefront of any hire purchase and PCP considered by our clients.
If you have never had finance before and you are not sure about how it works, don't worry, you will have a dedicated account manager who will guide you through the process.
Yes, Lincoln Finance are full authorised and regulated by the Financial Conduct Authority (FCA) - registration no. 717074. We are also fully members of the National Association of Commercial Finance Brokers and adhere to their strict code of conduct.
Lincoln Finance Ltd are registered on the Information Commissioner's Office (ICO) - Data Protection Register no. Z9301046 Please click on the link below to view our full GDPR and Data Protection Information
We can assist with regulated and non regulated finance products. These include:- Hire Purchase, Lease Purchase, Finance Lease, Contract Hire, PCP, PCH, Operating Lease, Refinance, Commercial Loans, Chattels mortgages, Marine Mortgages.
Traditionally, assets suitable for finance should satisfy 3 main criteria:- 1) Be moveable 2) Be easily identifiable 3) Have a residual value Having said that, the list of assets we can fund is vast, growing and can often stretch outside the boundaries of the above criteria. We would always suggest that if you have a specific enquiry to speak directly with us over the phone to see if we can help.
Yes, these are normally written on Sale & HP Back or Sale & Lease Back documentation.
Improve cash flow and spread the cost of a capital purchase
Preserve cash reserves and explore growth opportunities for your business