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Answer a few questions for us to understand your business' needs
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We will advise which options could be suitable for your business
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We'll present any offers available for your business. You choose the one that best suits your business.
Tool finance is a convenient funding option for tradespeople and contractors who need access to essential tools without large upfront investments. It enables the acquisition of both basic and specialised equipment required for daily operations.
This includes hand tools, power tools such as drills and saws, and specialist trade equipment tailored to industries like plumbing, electrical work, or carpentry.
Select the equipment, machinery, or vehicle you need.
Compare providers to find the most competitive rates and terms.
Choose the finance type and term length (typically 1 to 7 years).
Make regular repayments based on the agreement.
Depending on the type of finance, you may own the asset, return it, or extend the lease.
At Compare Asset Finance, we make it easy to compare a full range of asset finance options from top UK lenders.
Whether you're looking for hire purchase agreements, finance leases, equipment loans, vehicle finance, machinery funding, or any other type of asset finance, our specialised partners, expert business finance brokers, help you find the best deal for your business, saving you time, money, and hassle.
Quick online quotes
Transparent fees and terms
Wide range of finance providers
No-obligation comparisons
The benefits are clear: better cash flow, quick access to modern and efficient tools, and the ability to stay competitive by working with high-quality gear. Finance also helps manage unexpected tool replacement needs.
Tool finance is ideal for sole traders, small businesses, and growing trade firms. Whether you're starting out or expanding your services, this solution helps you keep your toolkit up to date.
Always ensure tools are covered under insurance, and understand whether you're responsible for servicing and maintenance during the finance period.
Yes, full kits can be bundled into a single finance package.
Most tools come with manufacturer warranties.
This varies, but many providers start around £1,000.
Yes, some lenders allow multi-supplier deals.
Often yes, though check for any fees.
