We understand the unique challenges and opportunities that farmers face, and we are here to help you grow.
Our expert team is committed to providing you with an easy-to-understand and transparent approach to securing the funds you need, so you can focus on what matters most – your farm.
Typically, farmers choose Asset Finance to better manage cash flow, afford up-to-date equipment, and maintain financial flexibility. So, what is Asset Finance?…
Asset Finance
Asset finance is a flexible and convenient funding solution that allows farmers and agricultural businesses to acquire essential equipment, vehicles, and machinery without the need for a large upfront capital investment.
By spreading the cost of these assets over a fixed period, you can manage your cash flow more effectively and invest in other areas of your business. With Funding Pool’s asset finance solutions, you can unlock the potential of your farm with a range of tailored options, including:
- Hire Purchase
Gain full ownership of the asset at the end of the agreed term, with fixed monthly repayments.
- Finance Lease
Lease the asset for a fixed period, with the option to buy at the end of the term.
- Operating Lease
Rent the asset for a specific period, with lower monthly payments and flexibility to upgrade or return the equipment.
What Farming equipment is available with Asset Finance?
No matter what type of farming equipment or machinery you need, Funding Pool’s asset finance solutions have got you covered. Our financing options cater to a wide range of agricultural assets:
- Tractors and Combines
- Livestock Handling Equipment
- Irrigation Systems
- Greenhouse Structures and Equipment
- Milking Parlours and Dairy Equipment
- Grain Storage and Handling Equipment
- Farm Vehicles and Trailers
Why Choose Funding Pool for Your Farm's Asset Finance?
We pride ourselves on providing personalised asset finance solutions for the farming and agriculture sector, with a focus on simplicity and transparency. Here’s what sets us apart:
- Bespoke Solutions
We find you asset finance options to suit your specific requirements, budget, and growth plans.
- Easy Application Process
We make securing asset finance simple and hassle-free, with a streamlined application process and quick decisions.
- Competitive Rates
Our competitive rates and flexible repayment terms are designed to help you maximise your farm’s potential.
- UK-Based Support
Our friendly, UK-based team is always on hand to provide guidance and support throughout your asset finance journey.
How does the application process work?
To start your loan application, just complete our online form. We’ll ask for some basic information about your business, including financial performance and credit history. From there, we’ll show you offers from lenders who offer loans that are appropriate for your needs.
What are the eligibility criteria for loans?
Typically, the eligibility criteria for loans may vary based on the specific lender and loan type. Generally, lenders prefer businesses with a strong credit history, positive cash flow, and a well-defined business plan.
In addition, you may need to provide supporting documentation such as financial statements to complete your application. Don’t worry though, we’ll help you understand the specific requirements of each lender and ensure you have the necessary documents to apply.
What are the interest rates and repayment terms?
Our loans come with a variety of repayment options to help your business stay on track. Depending on the lender and loan type, you may have terms ranging from a few months to several years. Interest rates may vary, but our range of lenders ensures you have options for finding competitive rates and flexible repayment terms.
How quickly can I get access to funds?
We can offer quick access to funds, often with same-day or next-day funding, however the time it takes to receive funds varies depending on the lender and the type of loan you require. We make it easy to compare loan options and apply, so you can get the funding you need quickly and easily.
Ready to apply?
Simply complete our online form at the top of this page.
If you have any questions, our team is here to help. Contact us by phone, email, or What’s App live chat to learn more about how we can help your business grow.
