It's a way to pay for machinery, vehicles or equipment over time instead of paying the full cost upfront. The most common types are hire purchase, where you own it at the end, and leasing, where you pay to use it for an agreed period.

With hire purchase you work towards owning the asset. With a lease you pay to use it, and what happens at the end depends on the type of lease. The tax treatment can differ, so check with your accountant.

Often, yes. Lenders usually look at the age and type of the machine and where you're buying it from. Tell us what you're considering and we'll check.

Yes, it's one of our main areas. We can look at one agreement covering everything or separate agreements, depending on delivery dates and what suits you.

It varies by lender, but usually a supplier quote or invoice, details of the directors, and recent accounts or bank statements. We'll tell you exactly what's needed so you aren't chasing things you don't need.

It depends on the lender and how quickly the information comes in. We'll give you a realistic idea on the first call and keep you updated at every stage.

Lenders carry out checks as part of their decision, and whether a lender does a soft or full search varies. We'll explain what to expect before anything is submitted.

Our brokerage fee is up to £595, depending on the type of finance, with VAT included. It's confirmed in writing before you proceed and is due when your application is submitted.

Yes, we can look at it. Some agreements with sole traders and partnerships are regulated differently from limited company agreements, so we'll explain what applies to you.

Yes. We also help with commercial property finance and development finance.