Farringdon Asset Finance is a UK based funder of business equipment. Our rates start at 7.75% APR (4% flat rate) and we can extend finance within three hours.

We operate exclusively on the equipal™ platform.

Equipment we finance:

Typical categories of equipment we finance…

  • Manufacturing & Engineering → CNC machining units, Lathes, Turning machines, Laser cutting , Injection moulding machines, 3D printing and Scanning units.

  • Construction → Loaders, Excavators, Dozers, Compactors, Articulated Dump Trucks, Cranes, Welfare Units, Generators, Pumps and Lighting Equipment.

  • Transport & Logistics → Forklifts, Vans, Commercial Cars, Trailers, Cab Trailers, Warehouse equipment.

  • Building Services → Cleaning Vehicles, Waste Collection Vehicles, Washing Units, Landscaping Equipment, Paint Spraying Equipment.

  • Agriculture → Tractors, Combine Harvesters, Milking tanks and pumps, Spreaders, Ploughing Attachments, Feeding Equipment, Tillage Equipment, Equestrian Equipment.

  • Medical, Dentistry and Veterinary → Hydraulic and Electric Chairs, X-ray equipment, Cleaning equipment, Fridge units, sterilisation equipment.

  • Recycling and Waste Management → Shredders, Separators, Bailers, Material Handling Equipment.

    and many other categories of equipment that are recoverable, resalable and has a value over £5,000. We fund both new and used equipment.

Who we finance:

  • Small and medium sized businesses → At this time we can only finance limited companies.

  • Established → At least 12 months of trading history.

  • UK based → Registered in England or Wales (Scotland and Northern Ireland coming soon!) + At least one director who is UK resident.

  • Profitable and a going concern → at least one year in the past three profitable with minimum turnover of £100,000.

  • No material adverse credit history - No major CCJs, No IVAs, no restructurings.

Finance products we offer:

At this time we only offer Hire Purchase finance.

  • Size: Minimum size is £5,000. Maximum size is £500,000 per counterpart.

  • Maximum LTV - Lease to Value: 100%. For our best rates we recommend at least a 15% deposit.

  • Term: 24 to 60 months.

  • Deferred VAT payment available on request.

  • Balloon payments offered on request.

Finance Lease and Contract Hire coming soon.

Apply now via the equipal™ platform.

Get in touch.

We are ready to support our customers. Please let us know how we can help and we will respond within 24 hours. Alternatively, we are available to speak at 07379 236366

Partners:

  • All our bank accounts are held with Barclays Bank PLC, 1 Churchill Place, London E14 5HP.

  • We work with various law firms but primarily our customer work is with Morton Fraser and Simmons & Simmons.

  • We are clients of Kings Chartered Accountants based at 4 Grovelands, Boundary Way, Hemel Hempstead Industrial Estate, HP2 7TE.

  • We have appointed WDFA Services LTD as our back-up servicer to manage customers in the event Farringdon Asset Finance can no longer continue to operate.