Finance for the equipment your business needs
New equipment or vehicles can mean a significant upfront cost. We help you explore finance options and understand how the repayments and ownership arrangements fit your plans.
Plan the purchase and the payments together
Tell us what you want to buy, the supplier, the cost and how the asset will be used. We can discuss equipment for a pharmacy or dental practice as well as vehicles and other business assets.
Finance can spread expenditure, but it creates an ongoing payment commitment. Compare the total payable and the agreement terms with the alternative of buying outright.
Understand the agreement
Hire purchase
What deposit, instalments and final conditions apply before ownership transfers?
Lease
Who owns the asset, and what are the use, return and end-of-term obligations?
Asset refinance
Is the existing asset eligible, and what security and repayment commitments would the new facility create?
Business loan
Would a loan suit the purchase better, taking account of its cost and conditions?
What information will you need?
A supplier quotation, details of the asset and information about your business are useful starting points. For used assets, include their age and condition. We will explain what the lenders being considered need to assess the proposal.
Can used equipment be considered?
Tell us what you have found. Eligibility depends on the asset, supplier and lender criteria.
Will I own the equipment?
That depends on the agreement. We explain ownership and end-of-term conditions before you decide how to proceed.
Is finance always better than paying cash?
No. Spreading the cost can preserve cash in the short term, but financing costs and ongoing obligations need to be considered. The decision depends on your business and the terms available.
Discuss your planned purchase
Request a callback with the details of the equipment or vehicle you are considering. Finance is subject to status, asset eligibility and lender criteria.
Let’s discuss your next step
We are a credit broker not a lender. Cogent Finance is a trading style of Cogent Finance Limited, registered at 9 Freetrade House, Lowther Road, Stanmore, HA7 1EP. Company Register number is 08858716. Cogent Finance Limited is Authorised and Regulated by the Financial Conduct Authority. Our FCA registration number is 727183. You can check via www.register.fca.org. We are registered with the ICO, ZA101760 and you can check via www.ico.org.uk. We conduct unregulated business only and therefore not all products provided through us are regulated by the Financial Conduct Authority. We source finance from the whole of market. We may receive commissions that will vary depending on the lender, product, or other permissible factors. The nature of any commission model will be confirmed to you before you proceed.
Cogent Finance Ltd is a member of the National Association of Commercial Finance Brokers (NACFB).