Do you want to invest in new assets?
Do you need to unlock the value from existing assets to provide an injection of cash into your business?
Our Leasing, Hire Purchase and Re-financing solutions could help your business acquire the equipment you need to help you grow. It can be a smart alternative to other borrowing such as loans or overdrafts.
Meet the team
Bibby Asset Finance is part of Bibby Financial Services, one of the UK’s largest independent SME funders. We’ve been supporting businesses for over 40 years and combine experience with flexibility to tailor suitable solutions for your needs.
How we have helped other businesses
We’ve been supporting businesses for over 40 years across a wide range of business sectors…
Product: Hire Purchase
Funding line: £170k
Sector: Packaging
We funded an office refit for a Southern-based packaging company relocating to larger premises. The £170,000 Hire Purchase facility was agreed over a 60 month term and included various items of furniture, conveyors and racking.
Product: Hire Purchase
Funding line: £330k
Sector: Welfare hire
We provided a Northern-based welfare hire business with a hire purchase solution to enable them to secure 10 new canteen space welfare units at a combined cost of £330k. We were able to offer them competitive terms, including a VAT deferral, which helped their cashflow model.
Product: Leasing
Funding line: £43.5k
Sector: Transportation
We provided a family run haulage business with a £43,500 Lease agreement, enabling them to upgrade an older trailer to a larger Faymonville 4 axle extending bed step frame trailer. Funding was requested over a 48 month period with a 10% deposit.
Product: Leasing
Funding line: £110k
Sector: Drainage
We assisted a long established drainage company based in the South with a £110,000 lease facility to purchase an articulated tipper truck. The facility was turned around for them in just 72 hours from the customer submitting the proposal to them receiving the funds.
Product: Re-financing
Funding line: £140k
Sector: Construction
We helped a Scottish based construction company raise additional funds for working capital by re-financing a number of dump trucks on a £140k sale and lease back facility.
Product: Re-financing
Funding line: £60k
Sector: Printing
We provided a £60k sale and hire purchase back facility to a printing business looking to raise a larger deposit towards the purchase of a bespoke liquid coating machine. Both the purchase and re-finance were funded, with the S&HPB element secured against an existing, unencumbered printing machine.