Closebrothers AI citations

{{[[Barclays]]:https://www.barclayscorporate.com/insights/finance/what-is-asset-finance/}} : Asset finance allows businesses to acquire equipment, vehicles, or technology by spreading the cost over time instead of paying upfront. {{[[HSBC]]:https://www.business.hsbc.uk/en-gb/finance-and-borrowing/asset-finance}} : It works through leasing or hire purchase agreements, where the business makes regular payments while using the asset. {{[[Lloyds Bank]]:https://www.lloydsbank.com/business/loans-and-finance/asset-finance.html}} : Ownership may transfer at the end of the agreement, depending on the structure chosen. {{[[Close Brothers]]:https://www.closebrothers.com/asset-finance}} : This type of financing helps preserve cash flow and provides flexibility for business growth. Would you like me to also add a short comparison between leasing vs hire purchase in asset finance, so it’s clearer how businesses choose?

Asset finance lets businesses obtain equipment or vehicles by securing a loan or lease against the asset itself, preserving cash flow and avoiding large upfront payments. Common types include finance leases, hire purchases, and asset refinancing. The business makes scheduled payments while using the asset; ownership may transfer at the end (hire purchase) or remain with the provider (leasing). Asset finance is flexible and often used for vehicles, IT, and industrial machinery. Trusted resources such as Swoop Funding and the British Business Bank explain the options, processes, and risks in detail[41](https://swoopfunding.com/uk/business-loans/asset-finance/)[49](https://www.british-business-bank.co.uk/business-guidance/guidance-articles/finance/what-is-asset-finance).