Finance for your business assets

Buy or lease new equipment with a small business loan that arrives within 7-14 days.

reviews
  • Borrow £50k – £500k
  • Borrow over 2 – 5 yrs
  • Rates from 1.8%-7.4% per year
  • Decision in as little as 5hrs
  • No fees for full early repayment
Working with British Business Bank

Funding Circle is accredited by the Government-owned British Business Bank to provide loans under the Coronavirus Business Interruption Loan Scheme (CBILS). .

Get the assets you need with a small business loan

Fund your new equipment with our fast, affordable unsecured loans. No valuations are needed, simply apply online in 10 minutes and you’ll get a decision typically in as little as 5 hours.

With quick pay-outs and interest rates from 1.8%-7.4% APR, you could have funds for your new assets in just a few days.


UPGRADE YOUR ASSETS:
  • Buy new equipment
  • Hire and hire-purchase
  • Get new vehicles
  • Upgrade machinery
  • Improve your portfolio
  • Increase productivity

We’ve helped 57,000 established businesses in the UK, and approve a new loan on average every 5 minutes.

We’re really grateful for the support to help grow our business.

Jon at Hackney Brewery took an asset finance loan of £30,000 to buy a new fermenter and increase production.

Quick and easy to apply

With our straightforward application process, you can get a business loan to buy assets in just a few days.

  1. Check if you qualify in 30 seconds

    See if you’re eligible without affecting your credit score.

  2. Apply online in 10 minutes

    Tell us about you and your business with our simple form.

  3. Decision in as little as 5 hours

    If approved, you’ll get a personalised quote in as little as 5 hours

  4. Your funds arrive

    Once you accept, you’ll have the money in your account in days.

Check if you qualify

Here to help if you need us

You’ll get a UK account manager as your single point of contact. They’ll guide you through every step and you can call or email them directly.

0800 048 2467

Need help? Call us.

My whole experience with Funding Circle has been amazing! The funds were in our account within days of our application.
Ana Couto Moore, Sept 2017
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To increase production, father and son team Edward and Michael Kain took out a £25,000 asset finance loan to buy a new gin still.

Frequently asked questions

Asset finance is a type of lending that gives you access to business assets such as equipment or machinery. Asset finance enables businesses to refinance their existing assets or hire equipment with the option of purchasing the assets once the finance is complete.

An asset is an item or a resource that has a cash value and can be used to generate income. For example, company equipment is a business asset, because it adds value to the business and can be used to generate income.

There are different types of asset finance that can help your business in different circumstances.

  • Equipment Leasing
  • Hire Purchase (or lease purchase)
  • Operating Leases
  • Finance Lease (or capital lease)
  • Asset Refinancing
  • Access essential business equipment
  • Quick and simple application
  • Fixed monthly installments
  • Nothing to pay for 12 months
  • No upfront or early settlement fees

Funding Circle offers small business loans from £50k up to £500k for asset finance.

It depends how much you need to borrow for your assets Our interest rates range from 1.8% to 7.4% APR.

You’ll get a decision on your small business finance in as little as 5 hours.

You need to meet the following criteria to be eligible for asset finance loan from Funding Circle:

  • Turnover of over £200,000
  • Minimum 3 years of trading history
  • Over 50% of turnover from trading activity (e.g. not from investments)
  • Loan is for business purposes
  • Loan is primarily for trading in the UK
  • Check if you are eligible for business finance

Financial Times
Last year Funding Circle arranged more than £1 billion worth of credit for 10,000 small businesses.
The Financial Times, September 2017

We’re here to help

Contact our team if you have any questions.

0800 048 2467

Need help? Call us.