Clear Equipment Finance
it makes total commercial sense
Get access to the equipment your business needs without compromising your cash flow. If you’re looking for highly competitive terms, you’ve come to the right place!
We secure you preferential rates from over 60 handpicked partners.
We work with over 15,000 UK businesses and counting.
Equipment Finance
we can help get your business moving in the right direction
Equipment, we can all agree it’s one of the first things a business will acquire when expanding, even before employing people just like you and me. Whether it be a laptop or an industrial piece of machinery, they are usually vital to the company’s existence. That is why Clear Equipment Finance is at the heart of our company, it’s what we were built on and we understand why getting the
best terms possible is vital to your business.
Get access to the equipment your business needs, without compromising your cash flow.
Key benefits
There is no asset we won't consider from tangibles to intangibles, even 100% software. The team at Clear finances a wide variety of capital equipment across all market sectors.
- £10,000 to £2M Only borrow what you need
- VAT deferrals
- Upgrade at any point
- Guaranteed ownership
- Payments are 100% tax deductible
- Terms from 1 – 7 years
- No deposit required
- Fixed repayments (Monthly, Quarterly or Annually)
- Settle at any point you are not locked in
- Seasonal payments (pay less during your quiet months)
*Please refer to each individual product (leasing or hire purchase) to see how these benefits relate to your application.
*Please refer to each individual product (leasing or hire purchase) to see how these benefits relate to your application.
Equipment finance explained
here’s your options
Leasing
Ideal for those looking to protect themselves against asset depreciation or where ownership isn’t necessary. With a lease agreement you are effectively renting the equipment for an agreed term with the option to upgrade at any point, ensuring your business always has the latest kit. Acquisitions with leasing allow you to minimise or even remove upfront fees and also spread the VAT over the length of the contract. Instalments are pre-set, allowing you to more effectively forecast outgoings. You will always get the option to continue using the equipment at the end of the term.
Get your equipment finance quote
Hire Purchase
In a nutshell, a Hire Purchase agreement contains the option to
purchase the asset at the end of the term for a pre agreed fee. Hire
Purchase is a common choice for businesses looking to avoid the large
upfront outlay associated with acquiring assets that have a high
residual value. Breaking down the expense over time will help to
protect your cash flow while you’ve got the added comfort of knowing
your repayments are contributing to your eventual ownership. At the
beginning of the agreement, an initial deposit is usually paid, the
amount of which can vary, for example, you might choose to pay a
higher deposit in order to reduce the on-going monthly payments.
Operating Lease
An operating lease is typically reserved for assets that are not prone to rapid depreciation and where the client has no need for ownership. To calculate the repayments on an Operating lease the funder will estimate the future value of the equipment, alternatively known as the Residual Value.
The total rentals repayable are based on the total cost less the residual value. Subsequently the repayments are lower and more attractive to the lessee. Effectively the finance provider has projected that at the end of the lease term the equipment will have a resale value higher than the residual value, therefore covering the shortfall. For this reason the operating lease term will always be shorter than the expected life cycle of the asset.
Get your equipment finance quote
Refinance
Thousands of companies every year benefit by releasing capital from
their (unencumbered) assets, receiving a massive cash flow boost to
grow and expand their business. Alternatively, if revenue from a recent
equipment investment is slower than anticipated, re-finance is a way of
releasing the cash back into your business bringing ROI into reach.
Whatever the reason, a cash injection from the equipment you
already own could be a viable alternative to traditional forms of
funding. You will also have the added comfort of knowing you crucially
still retain usage of the asset.
Leasing
Ideal for those looking to protect themselves against asset depreciation or where ownership isn’t necessary. With a lease agreement you are effectively renting the equipment for an agreed term with the option to upgrade at any point, ensuring your business always has the latest kit. Acquisitions with leasing allow you to minimise or even remove upfront fees and also spread the VAT over the length of the contract. Instalments are pre-set, allowing you to more effectively forecast outgoings. You will always get the option to continue using the equipment at the end of the term.
Get your equipment finance quoteHire Purchase
In a nutshell, a Hire Purchase agreement contains the option to
purchase the asset at the end of the term for a pre agreed fee. Hire
Purchase is a common choice for businesses looking to avoid the large
upfront outlay associated with acquiring assets that have a high
residual value. Breaking down the expense over time will help to
protect your cash flow while you’ve got the added comfort of knowing
your repayments are contributing to your eventual ownership. At the
beginning of the agreement, an initial deposit is usually paid, the
amount of which can vary, for example, you might choose to pay a
higher deposit in order to reduce the on-going monthly payments.
Operating Lease
An operating lease is typically reserved for assets that are not prone to rapid depreciation and where the client has no need for ownership. To calculate the repayments on an Operating lease the funder will estimate the future value of the equipment, alternatively known as the Residual Value.
The total rentals repayable are based on the total cost less the residual value. Subsequently the repayments are lower and more attractive to the lessee. Effectively the finance provider has projected that at the end of the lease term the equipment will have a resale value higher than the residual value, therefore covering the shortfall. For this reason the operating lease term will always be shorter than the expected life cycle of the asset.
Get your equipment finance quoteRefinance
Thousands of companies every year benefit by releasing capital from
their (unencumbered) assets, receiving a massive cash flow boost to
grow and expand their business. Alternatively, if revenue from a recent
equipment investment is slower than anticipated, re-finance is a way of
releasing the cash back into your business bringing ROI into reach.
Whatever the reason, a cash injection from the equipment you
already own could be a viable alternative to traditional forms of
funding. You will also have the added comfort of knowing you crucially
still retain usage of the asset.
Trusted by over 15,000 businesses across the UK and counting
We work tirelessly to ensure that your business gets the right funding at the right price, that is why a large percentage of applicants become regular Clear Business Finance customers.
What to expect
Here is the Equipment Finance application process. A dedicated account manager will be with you every step of the way.
Quotes are free and provided in minutes
you can expect to receive an email or SMS depending on your chosen method. Alternatively, a member of our knowledgeable team will be in touch if we need to ask a few more questions.
If you choose to proceed with your quote
your documentation can be issued digitally and processed via eSign in minutes. We do also offer traditional paper copies but we encourage you to think of the planet!
Funds can be released in as little as 24 hours
That’s it! Simple! We will pay your supplier directly once
you’ve received your equipment.
Success Stories
What are your ambitions and how can your business achieve them? Here are a few recent examples of how companies like yours are fuelling their growth plans with the right financial support. We all want the right tools for the job, so you will be pleased to hear we’ve made acquiring equipment a whole lot easier.
#DealOfTheWeek!
Winning a new contract is great but having the capital to meet the requirements, is just one example of how we help companies across the UK on a daily basis. #DealOfTheWeek!
The MD of a UK based property investment company asked us to organise the finance agreement for her new vehicle. It was a roaring success! #DealOfTheWeek
Breaking down the cost of your new plant machinery over a 1 to 5-year term, can allow you to limit your upfront outgoings & protect your cash flow. #DealOfTheWeek.
Get paid on time, every time. Your invoices can provide you with instant funding. No more waiting 30 - 120 days for payment, get your money upfront. #DealOfTheWeek!
80% of the sites value with no personal guarantees gave our client sufficient time to secure the site and gain planning permission.
#DealOfTheWeek
Protect yourself against asset depreciation & keep up with ever-evolving technology. Finance your tech related acquisitions & upgrade at any point. #DealOfTheWeek!
Our client was able to totally remove his business’s reliance on natural gasses and switch to green energy for a fraction of the cost.
#DealOfTheWeek
A financial solution where repayments flex in line with your future debit/credit card transactions, mirroring the ups & downs of your business. #DealOfTheWeek.
"Good communication with a wealth of knowledge, should I have any future financial requirements then Clear are now my first point of call!"