Meaning Asset Finance
What does Asset Finance mean? Here you find 6 meanings of the word Asset Finance. You can also add a definition of Asset Finance yourself
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Asset FinanceLoans specifically made against plant, equipment, vehicles, or IT hardware and software.
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Asset FinanceA loan used to obtain tangible assets such as equipment. The repayment of the loan is spread out over the economic life of the asset. This results in the loan being fully paid off by the time the equipment is in need of replacing.
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Asset FinanceAsset finance is a type of finance used by businesses to obtain the equipment
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Asset Financea secured loan which allows businesses to purchase new plant, machinery and equipment
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Asset FinanceA secured business loan in which the borrower pledges as collateral any assets used in the conduct of his/her business; also called commercial finance or asset-based lending. Lending is done against inventories as opposed to cash flow.
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Asset FinanceA facility which releases funds based on the value of assets eg plant, machinery, property or stock. Can be arranged as hire purchase, leasing or stock finance.
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