Commercial asset finance plays an important role in business strategy, enabling businesses to acquire essential equipment and assets required for operational efficiency and growth. However, navigating asset finance can be daunting, as it requires a firm grasp of the various financial products, an understanding of risk evaluation, and strategic foresight. Let’s look at the fundamentals of asset finance, explore how it works, examine current trends, and learn about the various types of asset financing available. What is Asset Finance? Asset finance is a financial product designed to help businesses acquire assets – such as machinery, vehicles, technology, and equipment –...
