Bibby Asset Finance solutions
Do you want to invest in new or re-finance existing assets?
If you want to invest in new assets to support the growth of your business or unlock the value from existing assets to provide an injection of cash, our Leasing, Hire Purchase and Re-financing solutions could help.
We finance a broad range of assets, including hard assets such as vehicles, plant and machinery and over a hundred types of soft assets, for example, cleaning equipment, IT and software, AV equipment and scaffolding. We will fund assets up to the value of £5m.
Key benefits
Fast
Flexible
Cash efficient
- No upfront costs
- Release cash from existing assets
- Spread payments
Tax deductible
Reclaim VAT and offset repayment interest against profit
**Speak to your accountant or business advisor for advice on how this works.
Finding the right solution for your business…
Leasing
Acquire a new asset but don’t want to commit to ownership
- You select the equipment and supplier then we buy the equipment on your behalf
- We purchase the equipment and lease it to your business for an agreed term
- At the end of the agreement, you either return or continue to use it for an additional charge
- You ‘rent’ the asset rather than own it
Hire Purchase
Spread the cost of buying new equipment or machinery
- You fix the cost of acquiring an asset and spread the cost over time. At the end of the term the asset is yours
- You select the equipment and supplier then we buy the equipment on your behalf
Refinancing
Access cash by unlocking the value of your existing assets
- Refinancing offers the best of both worlds because you can still use the asset in question at the same time as capitalising on a cash injection straight into your business
- Refinancing is different to leasing and hire purchase because you are accessing funding via your existing asset
Speak with one of our team today
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.
Head of National Broker Sales
Gil Cubells
Gil joined BFS in July 2024 with a wealth of experience, having previously worked as Head of the Broker team at Simply, and prior to that in a similar role at Close. With over 40 years in the industry, Gil is renowned for his standout leadership and deep knowledge of the market.
Vendor Business Development Manager
Allison Priestley
Allison has worked with Bibby Leasing for over 27 years in various roles. Most recently she has taken up the role of Vendor Business Development Manager within our Vendor and Strategic Partnership division listening to our introducers and client’s needs to deliver the right solutions for them.
Business Development Manager
Karolina Kerr
Karolina joined the Bibby Sales Department in early 2023, responsible for the North of England and Scotland. Karolina previously worked in the Asset Finance market for over 5 years. She is currently finishing her Diploma in Asset Finance at the London Institute of Banking & Finance.
Business Development Manager
Mike Kilford
Mike joined BFS in January 2025, bringing over 25 years of experience in the Asset Finance industry, having held similar roles with Hampshire Trust Bank and Aldermore Bank. Mike is responsible for developing and managing broker relationships across the South of England, helping businesses access the finance they need to grow.
How we have helped other businesses
We’ve been supporting businesses for over 40 years across a wide range of business sectors…
£1.7 million funding provided
We secured repeat business by refinancing £1.7 million of assets for a drainage clearing company. The fact the assets were already on the book meant that the speed to decision was quicker and the client saved on valuation costs. The client also has an Invoice Finance facility with BFS, demonstrating our ability to combine solutions effectively.
- Product:
- Re-finance
- Sector:
- Drainage
£5 million funding provided
Leveraging both Invoice Finance and Asset Finance, we provided funding of around £5 million to a Scottish based recycling company. This was a complex transaction where working efficiently across teams, we were able to close the deal in seven days, including on-site visits, changes to assets lists and subsequent documentation.
- Product:
- Re-finance
- Sector:
- Recycling
£320k funding provided
We provided a £320,000 Finance Lease facility to a Leeds-based service company for robotic floor cleaning machines. This four-year lease will support the company’s operational needs, helping them to maintain and grow their service offerings while managing cash flow effectively.
- Product:
- Leasing
- Sector:
- Robotic floor cleaning
£225k funding provided
We provided a £225,000 Sale and Hire Purchase facility to a Steel Engineering Business located in Sheffield on a 48-month term. The funds raised were used to refinance various machine tools and assist with the acquisition of the business. The acquisition was further supported through the provision of a £350,000 Export Finance facility. The deal was paid out in twelve working days.
- Product:
- Sale and Hire Purchase
- Sector:
- Steel engineering
£125k funding provided
We provided a £125,000 Refinance facility for a Volvo Dump Truck to a plant and machinery hire company based in the South East of England. This refinance helped our client meet their working capital requirements, supporting their ongoing operations and financial flexibility.
- Product:
- Re-finance
- Sector:
- Plant and machinery
£210k funding provided
We provided a £210k + VAT Hire Purchase facility to a well-established company in the construction and civils sector. This funding supported the acquisition of two used Bell articulated dump trucks, significantly enhancing the client’s operational capacity. The deal was completed in less than two weeks after being received.
- Product:
- Hire Purchase
- Sector:
- Construction