Asset Finance

Flexible asset finance solutions for the development of your business. Typically used for raising working capital for the purchase of business assets old and new. This could be manufacturing plant and machinery or agricultural equipment and commercial vehicles, DIL have many years experience in asset funding and offer a range of asset finance options to help your business grow, these include leasing purchase and refinancing.

 

- Finance from 4.5% APR

- High Acceptance Rate

- Professional Help from Experienced Specialists

 

1. Lease Purchase

Hire purchase and/or leasing are types of financial products used to purchase specific assets, for example vehicles, machinery and equipment. Businesses or individuals control the asset during an agreed term, while paying rent or instalments.

With leasing, the asset is not owned by the business or individual, although the asset can be sold to the business or individual at the end of the term. Hire purchase instalments will cover the capital cost so ownership is transferred once the last instalment is made.

 

Typical Uses

• Plant machinery

• Manufacturing machinery: metalworking, woodworking, CNC or conventional machinery

• Forestry and agricultural plant and equipment

• Specialist equipment for farming and agriculture

• Vehicles: vans, cars, buses, coaches, tractor and trailer units

• Recycling and packaging equipment

• Scaffolding machinery and tools

• Catering equipment

• Semi-commercial

• IT, telecoms and audio visual equipment

 

Lending Criteria

• $20,000 to $2 million

• A wide variety of terms

• Best rates available (subject to status)

• No deposit required

• Asset finance arranged for: sole traders, limited companies, partnerships and private individuals.

• Start-ups

• Court Judgements, defaults, arrears, or bankruptcy could be accepted

 

 

2. Refinance

No need for expensive overdrafts, loans wrapped up in red tape, and not forgetting the length of time it takes to process. Refinancing could help with your immediate financial needs using your unencumbered asset to raise working capital. Should the asset be suitable for refinance then monies are usually released within 5 working days.

Benefits of an asset finance solution include no up-front costs with tax advantages and cash flow protection.

 

Typical Uses

• Plant machinery

• Manufacturing machinery: metalworking, woodworking, CNC or conventional machinery

• Forestry and agricultural plant and equipment

• Vehicles: Vans, cars, buses, coaches, tractor and trailer units

• Recycling and packaging equipment

• Scaffolding machinery and tools

• IT, telecoms and audio visual equipment

• Catering equipment

• Semi-commercial

 

 

Lending Criteria

• $20,000 to $2 million

• A wide variety of terms

• Best rates available (subject to status)

• No deposit required

• Asset finance arranged for: sole traders, limited companies, partnerships and private individuals.

• Start-ups

• Court Judgements, defaults, arrears, or bankruptcy could be accepted

 

How to apply

Please complete an online application form here.

 

 


Any property used as security, which may include your home and/or business assets may be repossessed if you do not keep up repayments on your loan, or any other debts secured on it.

However, you may avail yourself of our repayment assistance programme, if you meet the criteria as and when necessary.

Useful Info

 
Kindly read all our Terms and Conditions (T&Cs) carefully before you sign any Loan Agreement. If you do not understand our loan contract terms & conditions, invest in the services of a lawyer before you sign.
 
Your use of this website and/or our direct lending services constitutes acceptance of our T&Cs.
 
You must also agree to our Collection Practices and Zero Tolerance for Non-Performing Loans (NPLs) before any loan is advanced.
 
If you disagree with how we operate and our T&Cs, please don't use our services.