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Looking for an asset purchase loan?

Purchase equipment for your business with a LendingCrowd loan

Growing your business and increasing sales often requires you to purchase assets such as new machinery or vehicles. While you may have enough cash to cover working capital expenses for your company, you may be looking for a small business loan to cover the purchase of new assets to enable your business to expand.

LendingCrowd offers loans for asset purchases including new premises, vehicles, office equipment and machinery. Our loans have flexible terms, and you can repay your loan early with no penalties.

Whether you’re looking for new machinery to increase production, or a new van to help you make more deliveries, we can help you get the asset funding your business needs to grow. Fixed monthly repayments and loan terms from 6 months to 5 years help you plan your cashflow in advance so you can make the most of your opportunity to grow.

Our team of experts aims to make a lending decision in as little as 24 hours. We’re here to help at every step of the way, so get in touch to find out how to take your business further with a LendingCrowd loan.

Borrow from £75,000 to £500,000

Borrow from £75,000 to £500,000

Transparent fees

Transparent fees

Quick credit decision

Quick credit decision

Affordable asset purchase loans

LendingCrowd’s simple application process and case-by-case approach give our highly experienced Credit Team the ability to give businesses a quick decision on their application. We want to support your business and help you achieve your goals, and we’ll work with you to understand your company and its funding needs to ensure you get the finance that’s best for your business.

We offer simple and affordable asset purchase finance. You deal directly with our highly experienced and friendly team, who will assess your business on its merits allowing for fast, flexible decisions.

We know you’re busy, so our aim is to deliver the support that’s right for you, allowing you to concentrate on running your business.

Affordability

We focus on your ability to repay your business loan when assessing your application, because affordability is key to our lending decisions.

You can borrow from £75,000 to £500,000, with loan terms ranging from six months to five years. Our flexible platform allows regular or one-off overpayments and early repayment in full – with no early repayment charges.

We also look for proven management ability, a strong and considered business plan, and analyse your assets and liabilities.

Pickering's Gin

Marcus and Matthew, producers of Pickering's Gin, turned to LendingCrowd for a £500,000 business loan to meet demand for its hugely successful gin-filled Christmas baubles.

Any questions? Get in touch

Please visit our help centre or give us a call and we’ll be happy to help.

help centre
Anna

help centre
Craig

help centre
Sean

0345 564 1600

You can call us Monday to Friday from 9am to 5:30pm.

LendingCrowd is the trading name of Edinburgh Alternative Finance Limited, Company Number SC468392, authorised and regulated by the Financial Conduct Authority (Firm reference number 670991). LendingCrowd and its products are not covered by the Financial Services Compensation Scheme.

The company's registered office is 23 Manor Place, Edinburgh, EH3 7DX.

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