Asset Finance is the practice of loaning capital or taking on debt to acquire, upgrade or maintain capital assets. It entails the offering and acceptance of secured interests in tangible or intangible property as collateral for a loan or lease. As such, it enables businesses to procure items such as machinery, office equipment, vehicles, IT systems, construction fleets and more without liquidating existing assets or using up working capital. It’s a powerful tool for driving growth and ensuring resources are put to their most effective use. Asset finance is an invaluable component of modern business life and the backbone of a healthy economy.