Business loans
An affordable way to grow your business.
- Access capital for equipment and expansion
- Maintain decision-making authority
- Tax-deductible interest fees
How business loans work
Business loans are tailored specifically to meet the needs of businesses, and provide businesses with the capital they need to grow, thrive, and achieve their goals.
It’s essential for businesses to carefully consider their financing needs, shop around for the best loan terms and rates, and ensure they can comfortably manage the loan payments before entering into a loan agreement.
Talk to our team directly if you have any specific questions about business loans and if they’d be a good option for you.
Why choose TAFCO?
Applying for a loan can be a long process and it is possible your bank is unable offer this facility. We take the time to learn your requirements to obtain the right product for your business.
Your partner in growth
Whether you’re a small business looking to manage cash flow or a large enterprise seeking to optimise working capital, TAFCO has the experience necessary to help you succeed.
Got questions?
We’re here to help
Here at TAFCO, we pride ourselves on offering an honest and friendly service to companies who are in need of asset finance solutions. Not only that, we also have one of the lowest margin requirements in the broker industry, meaning you get a better rate.
Call us directly:
01270 845 888
Mon-Fri 9am-5pm
Frequently Asked Questions
What is asset finance?
Asset finance is a financial solution that allows businesses to acquire assets such as machinery, vehicles, technology equipment, and more without paying the full purchase price upfront. Instead, the assets are financed through loans, leases, or other arrangements, with repayments spread over time.
What kind of assets can be financed?
A wide range of assets can be financed, including but not limited to vehicles, manufacturing equipment, office furniture, IT infrastructure and agricultural machinery.
What are the different types of asset finance available?
The main types of asset finance include hire purchase, finance lease, operating lease, and asset refinancing. Each type offers different benefits and structures, catering to various business needs and financial situations.
What factors are considered in the approval process?
Lenders typically consider factors such as your business’s creditworthiness, financial stability, the value and condition of the assets being financed, and your ability to repay the finance. Each lender may have specific criteria they use to assess applications.
How long does the approval process take?
The approval process for asset finance can vary depending on the lender, the complexity of the application, and the type of assets being financed. It may take anywhere from a few days to a few weeks to receive approval.