Asset Finance on the Rise: Why Businesses Are Choosing Leasing Over Buying

19/03/2025

More UK businesses are turning to asset finance as a cost-effective way to acquire essential equipment without large upfront investments. With fluctuating interest rates and economic uncertainty, leasing has become an increasingly popular alternative to outright purchases.

Asset finance allows companies to spread the cost of vehicles, machinery, and technology over time, preserving cash flow while gaining access to the latest equipment. According to industry data, sectors such as construction, manufacturing, and healthcare are among the biggest adopters of leasing and hire purchase agreements.

One of the key advantages of asset finance is its potential tax benefits. Lease payments are often considered operational expenses, meaning businesses can offset costs against taxable income. Additionally, financing options provide flexibility, allowing businesses to upgrade their assets periodically without major capital expenditure.

While asset finance offers numerous benefits, businesses should carefully evaluate terms, interest rates, and long-term commitments before entering agreements. At Vero Finance, we work with a range of lenders to provide tailored asset finance solutions that align with different business needs. Whether you require equipment leasing, vehicle finance, or refinancing of existing assets, we can help structure a deal that supports your growth while maintaining financial stability.

If your business is considering asset finance as a strategic option, our experts can guide you through the process, ensuring you get the most competitive terms and a funding structure that works best for you.