Expertise in Funding Small Business and SME
Asset Finance Solutions
Solutions that Meet Every Business Need
The Funds You Need to Grow
If you’re a startup, small business or SME and looking for an asset finance solution, you’re in the right place.
We have over 20 years’ experience of providing financial services to a whole host of industries and sectors.
Discover the best finance solution for you by taking advantage of our expertise. Let us find asset finance that’s right for you.
Our friendly finance professionals are happy to answer any questions you may have and provide you with a free, no-obligation quote.
Do you need help or have questions?
Call us on 01904 948008
Lines are open
9:00am – 5:30pm Monday to Friday
(excluding UK bank holidays)
Coates can arrange the right finance solution for you. Whether you are looking to fund your sale and lease operations, finance and lease equipment and machinery or seeking a commercial loan for small business, our expert finance professionals are here to help.
Financing with us couldn’t be easier or faster. We have over twenty years experience in working with SMEs, startups, small businesses and the self-employed, making us a leading business finance provider.
Speak with us to arrange the right finance for your business today.
How is Hire Purchase different from Finance leasing?
One of the more common questions we receive here at Coates Finance is “How is Hire Purchase different from leasing?” When determining what’s right for you and your company, it’s crucial to know the basic differences between hiring and leasing.
Hire Purchase and Finance Leasing are both very good options for funding assets, such as high-value electrical goods, agricultural equipment and manufacturing plant.
This is a form of renting where your business uses the asset for the negotiated period but you return it at the end of the contract. If you want to upgrade your asset regularly, then this may be the best option.
When the contract ends, you return it and enter into a new leasing contract for a new one. This also means you don’t have the responsibility of disposing the old equipment.
Hire purchase is an extremely convenient way to spread the cost of expensive business equipment. The difference with hire purchase is that you own the asset at the end of the agreement, usually for a nominal fee. It is a great option for business equipment which has a lifetime longer than the term of the loan.
Contact us today to learn more about all finance solutions and get your free no obligation quote.
We'll Help You Every Step Of The Way
Got questions? We’ve got the answers.
Getting the asset finance you need to grow your business doesn’t need to be hard. We’ve made it as simple as 1, 2, 3.
When it comes to asset finance solutions, we’re all you need.
Complete the form and request a callback to speak to one of our friendly and knowledgeable finance professionals.