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Asset finance for technology

Asset finance spreads the cost of vehicles, machinery and equipment over its working life through hire purchase or leasing, with the asset itself securing the agreement so your cash stays in the business. Founders use Rook Bristol asset finance to hire engineers ahead of a contract or buy servers, networking and client hardware, with up to 60 months, matched to the asset's working life and decision within 24 hours.

Apply nowAbout asset finance
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How much funding do you need?

A best guess is fine. You can change it with your finance manager.

£10K£1M
How long have you been trading?
What's your average monthly turnover?

Total money coming into your business account in a typical month.

What type of business is it?
Where should we reach you?

We'll use this only for your application.

Asset finance for founders
Amount£10,000 – £1,000,000 per asset or package
TermUp to 60 months, matched to the asset's working life
SpeedDecision within 24 hours
PaymentsFixed monthly payments, with or without a deposit
Best forVans, plant, machinery, kitchens, medical and technology equipment

Common uses in technology

  • Hire engineers ahead of a contract
  • Buy servers, networking and client hardware
  • Bridge the wait for an R&D tax credit claim
  • Fund a product launch or marketing push
  • Bridge enterprise payment terms

Why founders choose asset finance

Recurring revenue is an asset

Predictable subscription income can support funding without selling equity at an early valuation.

R&D tax credits arrive later

Claims can take months to pay out. Revolving credit covers the wait so development doesn't slow.

Hardware comes first

Servers, networking kit and client deployments can be spread over their working life with asset finance.

Enterprise and public sector pay slowly

Long procurement and payment cycles leave cash tied up. Invoice finance or a revolving facility bridges them.

How does asset finance work?

  1. 1

    Send us the supplier's quote, new or used, and tell us whether you want to own the asset at the end or simply use it.

  2. 2

    We confirm the asset's value and recommend hire purchase or leasing, with a term matched to how long the asset will earn for you.

  3. 3

    Once you sign, we pay the supplier directly and the asset is delivered to you.

  4. 4

    Make fixed monthly payments. With hire purchase, ownership passes to you after the final payment; with leasing, you can return, extend or upgrade.

What do I need to qualify?

  • 6 months trading
  • £10K+ in monthly turnover
  • A UK-registered business
Check my options

Other funding for founders

Questions, answered

Something else on your mind? Ask the team.

Can founders qualify for asset finance?
Many can. We typically look for a UK-registered business, 6 months trading and £10K+ in monthly turnover. We review technology businesses with the sector's cash-flow patterns in mind. All finance is subject to status.
What is asset finance?
Asset finance is a way to acquire business equipment and spread the cost over time. The two main types are hire purchase, where you own the asset at the end, and leasing, where you rent it for an agreed period.
What's the difference between hire purchase and leasing?
With hire purchase you pay in instalments and ownership transfers to you after the final payment, usually with a small option-to-purchase fee. With leasing the finance provider owns the asset and you pay to use it, with options to return, extend or upgrade at the end.
Do SaaS companies qualify?
Yes, if you have at least 6 months of trading and £10,000 or more in monthly turnover. Recurring subscription income strengthens an application.

Want to partner with us?

Businesses, brokers and introducers: check eligibility in about three minutes, or talk to our team about working together.

Apply nowContact our team