Could a personal guarantee be required?

Yes. A lender may request a personal guarantee, particularly for a newer business, a larger exposure, limited balance-sheet strength, or a specialist asset. The scope and effect should be understood before signing.

Can the lender pay suppliers in stages?

Possibly, where lender policy, supplier checks, title, milestones, and documentation support staged funding. This must be agreed before commitments are made.

Is this personalised financial advice?

No. This page provides general educational information. A suitable structure depends on the asset, applicant, intended use, and lender assessment. Seek independent professional advice if you are unsure.

Asset finance questions answered

Can I finance £1m of equipment?

Direct answer: Financing £1m of equipment may be possible where the applicant can demonstrate strong affordability, a credible commercial case, suitable assets, acceptable suppliers, and an appropriate security and contribution package. Larger facilities are subject to detailed credit assessment.

Discuss your application Asset finance overview

How lenders look at it

The question behind the headline

The proposal should explain why the equipment is needed, how it affects revenue or efficiency, when it becomes operational, and how the business performs if commissioning or expected income is delayed. Lenders assess both the assets and the enterprise supporting them.

Credit assessment

What is likely to influence the decision?

Detailed credit assessment

Historic accounts, management information, forecasts, bank conduct, debt service, customer concentration, contracts, and management capability may be reviewed.

Project and assets

Supplier strength, specification, valuation, delivery, installation, testing, title, warranties, and useful life shape funding conditions.

Capital and security

A lender may require a deposit, personal or corporate guarantees, cross-collateral, debenture, or other support depending on risk.

Possible structure

How the facility may be arranged

The facility may comprise hire purchase, finance lease, staged drawdowns, or more than one lender where appropriate. VAT, deposits, installation, and other project costs may need separate working-capital planning.

Important risks

What needs balancing

A large fixed commitment can strain cash flow if delivery, commissioning, customer demand, or productivity differs from plan. Assets and additional security may be at risk following default, and guarantees can create wider liability.

Prepare the application

Information a lender may request

Detailed equipment, supplier, and project schedule

Historic accounts and current management information

Integrated forecasts and downside sensitivities

Contracts, delivery milestones, security, and deposit evidence

Who you could speak to

Arran Turner

Managing Director

General commercial finance and how Sorbus works

Profile

Graham Nash

Commercial Finance Director

Business loans, cash flow and wider commercial funding

Profile

STEP 1
A conversation with a broker
You talk to a real Sorbus broker about the business, the purpose and what is affordable. No application at this stage.
STEP 2
Credit placement
If you choose to go further, we prepare the case and decide which lenders on our panel of 150+ are worth approaching.
STEP 3
Lender assessment
The lender, not Sorbus, underwrites and makes the credit decision. Approval is never guaranteed.
STEP 4
Documentation
If a lender offers terms and you accept, we help coordinate agreements and payout paperwork with you.

Every step after the first is optional. You can stop after the conversation. Sorbus is a broker, not a lender.

Client journey

Explore real client journeys

Read how real businesses approached a funding goal, what Sorbus arranged and what happened next.

Browse anonymised case studies

Enquire about Can I finance £1m of equipment? enquiry

Start with a conversation

Tell us a little about what you need and who you would like to speak to. No obligation, no credit check at this stage. We aim to respond within one business day, Monday to Friday, 9am to 5:30pm.

Your name *

Phone number *

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Best time to talk (optional)

A preference, not an appointment. We pass it on where we can. We aim to respond within one business day, Monday to Friday, 9am to 5:30pm. This is an aim, not a guaranteed callback time.

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We will use your details to respond to your enquiry. We may share information with our principal, lenders and service providers where necessary, or where required by law, as explained in our Privacy Policy. Marketing emails are optional and depend on your separate choice.

Prefer to call?

Speak directly to an adviser Monday–Friday, 9am–5:30pm.

01246 383500

Free call. No obligation.

Unique to Sorbus Finance

Optional: Business Finance Health Check

Not sure how a lender may view your application? Our free Finance Health Check helps you identify strengths and gaps before you apply.

Take the short Health Check

Free · No credit check · Not required before you talk

Want the full picture? The full fact-find is longer and also optional.

Email us anytime

hello@sorbusfinance.co.uk

Frequently asked questions

Key points before you proceed

No. Approval, amount, deposit, term, pricing, security, and conditions are subject to lender assessment and individual circumstances.

Discuss the asset and your circumstances

A Sorbus Finance adviser can help you understand the information lenders may need and the structures that could be considered, without promising an outcome.

01246 383500

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