ASSET FINANCE which is a popular and highly dependable lending product to growing businesses. Our Asset Finance product encompasses a wide range of loans all related to physical assets – machinery, equipment, vehicles, and any other physical equipment a business needs to function. We can offer SMEs tailored lending in the formats below: –

• LEASES – The method of acquiring physical assets without paying for them outright. When leasing an object, a business will make monthly payments, including interest, until the terms of the lease are up.
• HIRE PURCHASE – Involves the same monthly payment structure as leases, but those monthly payments will add up to the full cost of the asset, meaning that the business will own the asset once the hire purchase term has ended.
• ASSET REFINANCING – This is the method of using assets a business already has to obtain funding, where Saffron Asset Finance will advance cash to a business based on the value of the asset.

Each of these Asset Finance products is available from Saffron Asset Finance as SME lending options. Most of the loans can be personalised finance solutions to SMEs seeking funding and allows us to offer our SME clients the funding options that best suit their unique needs.