Discover asset finance solutions

To support your business needs

What is asset finance?

Asset finance is a way of allowing you to buy essential vehicles and equipment without feeling the weight of an outright purchase. It is also used by businesses as a means of injecting funds back into the cash flow. You can learn more about this on the website of our asset finance provider — Lombard.

How does asset finance work?

Being a type of financing, it is used by businesses to spread the cost across an agreed term with monthly payments and the option of a larger final payment, allowing you more control over your cash flow.

Types of asset finance

You'll be taken to the product page on the Lombard website to learn more about the various asset finance solutions available.

Security guarantees or indemnities may be required. Product fees may apply. Finance subject to status and is only available for business purposes. Any property or asset used as security may be repossessed or forfeited if you do not keep up repayments on any debt secured on it.

ALD Automotive Limited is authorised and regulated by the Financial Conduct Authority, registered no. 308101.  Lombard Vehicle Solutions (LVS) is provided by ALD Automotive Ltd (ALD), trading as Lombard Vehicle Solutions, Oakwood Drive, Emersons Green, Bristol, BS16 7LB. LVS is a product solution provided for Lombard by ALD and there is a financial connection between Lombard and ALD as a result.  Customers whose agreements are regulated by the Financial Conduct Authority should be aware that Lombard is acting as a credit broker and not a lender, and that Lombard will receive a payment from ALD should you wish to proceed with an agreement. You can ask Lombard or ALD for more information about this

Hire Purchase

Flexible finance to purchase an asset for your business

Flexible term - from 12 months to 10 years dependent on the type of asset being financed.

Flexible deposit amounts.

Have the option to pay a larger sum at the end to match anticipated cash flows.

Finance Lease

A share of the re-sale value with a rental agreement

Monthly leasing means you don't have to pay a lump sum upfront. This could help with your cash flow.

Only pay VAT on lease payments.

Lease payments could be tailored to match your cash flow.

Contract Hire

A flexible solution from single vehicles to large fleets

Arrange mileage and lease terms to suit your needs.

Fixed monthly rentals and optional maintenance could help manage your cash flow.

You don't own the vehicles so you won't be affected by depreciation.

Residual Value Lease

Enjoy your assets without the risk of future value losses

You are protected from an asset losing value.

We fix a residual value for the asset which will reduce your monthly payments.

Tailor the payments to match your cash flow.

Marine finance

Leisure and commercial marine finance solutions

Expert guidance and support

Tailored funding options

On hand expert support

We work with manufacturers and retailers and can fund many types of vessel


Lombard offers a number of other solutions

Capital import finance

Sale and leaseback

Wholesale finance

Aviation finance

Super-deduction on qualifying assets

From 1 April 2021 until 31 March 2023, companies investing in qualifying new plant and machinery assets will be able to offset against taxable profits.

The super-deduction will allow companies to cut their tax bill by up to 25p for every £1 they invest. This provides significantly faster tax relief for qualifying investments, helping businesses to invest and grow.

Only companies who pay corporation tax can take advantage of this tax incentive.

Tax reliefs referred to are those applying under current legislation which may change.  The availability and value of any tax reliefs will depend on your individual circumstances.

Business support tools with Swoop

Swoop, sponsored by Ulster Bank, bring you a range of tools to support your business' ambitions.


You can find out if your business would be eligible for a grant, tax relief or both! 

Looking for financial support without extra debt?

Search through a range of grant providers with Swoop.

Speak to our team

Phone: 0800 502 402

Lines open Mon-Fri, 9am-5pm

Relay UK Service: 18001 0800 502402 

Calls may be recorded for training and monitoring purposes.  To see how much your call might cost, visit the call charge information page.