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Asset finance questions answered

Can I finance an asset from overseas?

Direct answer: An asset sourced overseas may be financeable, but the transaction is more complex than a UK dealer purchase. Lenders consider the supplier, jurisdiction, currency, payment stages, title, shipping, insurance, import documentation, taxes, installation, and enforceability of their security.

How lenders look at it

The question behind the headline

Some lenders will fund only after the asset reaches the UK, clears customs, is inspected, and can be clearly identified. Others may consider staged payments in suitable circumstances. Do not assume a supplier deposit or foreign payment can be reimbursed.

Credit assessment

What is likely to influence the decision?

Supplier and jurisdiction

The lender may complete enhanced due diligence on the overseas supplier, contract, bank account, sanctions exposure, and legal jurisdiction.

Delivery and title

Incoterms, transfer of title, shipping, marine insurance, customs clearance, inspection, acceptance, and installation can affect when funding is possible.

Currency and taxes

Exchange-rate movement, VAT, duty, freight, and installation can change the total project cost and may not all be eligible for asset finance.

Possible structure

How the facility may be arranged

The facility may fund the asset once it is delivered and accepted, or use an agreed staged structure where lender policy allows. Separate working-capital support may be needed for deposits, VAT, shipping, or installation.

Important risks

What needs balancing

Foreign supplier disputes, delays, damage, currency movements, customs issues, and weak legal recourse can create costs even if finance is not completed. Specialist legal, tax, and logistics advice may be appropriate.

Prepare the application

Information a lender may request

Supplier contract, pro-forma invoice, and bank details
Asset specification, serial numbers, and inspection plan
Shipping, insurance, customs, VAT, and duty information
Payment schedule, currency exposure, and applicant financials

Who you could speak to

Arran Turner, Managing Director at Sorbus Finance

Arran Turner

Managing Director

General commercial finance and how Sorbus works

Profile
Graham Nash, Commercial Finance Director at Sorbus Finance

Graham Nash

Commercial Finance Director

Business loans, cash flow and wider commercial funding

Profile
  1. 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.

  2. 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.

  3. STEP 3

    Lender assessment

    The lender, not Sorbus, underwrites and makes the credit decision. Approval is never guaranteed.

  4. 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

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

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Enquire about Can I finance an asset from overseas? 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.

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

01246 383500

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Optional: Business Finance Health Check

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Take the short Health Check

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

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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