Business Finance Glossary
Vehicle and Equipment Finance
Understand the terminology used to fund vehicles, machinery and specialist equipment, including the asset and usage factors lenders consider.
- Commercial Vehicle Finance
Commercial vehicle finance is funding used by a business to acquire or use vehicles such as vans, trucks and specialist working vehicles.
- Equipment Finance
Equipment finance is funding arranged to acquire or use equipment needed by a business, commonly through hire purchase or leasing.
- Machinery Finance
Machinery finance is funding for production or operational machinery, structured around an agreed repayment or rental term.
- Plant Finance
Plant finance is asset funding for business plant such as excavators, loaders and other machinery used in construction, agriculture or industrial operations.