How asset finance is helping UK businesses fund their office refurbishments

The importance of providing a workspace that promotes productivity, creativity, and efficiency is essential to any business. With the changes brought by COVID-19, many UK businesses are currently looking to revamp their office spaces to accommodate their new normal. However, refurbishing your office spaces can be costly and could derail your business if not well-planned. Fortunately, asset finance is helping UK businesses fund their office refurbishments. See why below.

How Asset Finance Can Help Fund Your Office Refurbishment

Using asset finance to fund your office refurbishment project can help you save money and time. Unlike traditional bank loans, asset finance does not require extensive paperwork or a long application process. It is a hassle-free way to acquire capital quickly, enabling you to make necessary renovations to your office space rapidly. Additionally, asset finance allows you to spread the cost of your refurbishment project over a fixed period, so you won’t have to worry about upfront, large lump sum payments.

Benefits of Asset Finance for Your Business

Asset finance is an excellent option for UK businesses that want to acquire assets for their businesses without having to incur large upfront costs. Furthermore, asset finance provides tax benefits and can help your business improve its cash flow management. It can also help your business avoid the risks associated with outdated technology by providing easy access to the latest equipment and software.

Who Can Benefit from Asset Finance?

Many businesses in the UK can benefit from asset finance, including startups, SMEs, large corporations, and public sector organisations. The assets that can be financed under this option include machinery, equipment, vehicles, and technology services. For more information on these finance options please contact a member of our team to find out more.

Office refurbishments can help your business create a more engaging and comfortable workspace for your employees, enhancing productivity and creativity. Funding such projects through asset finance can provide your business with flexibility, tax benefits, and cost management. Whether you are a startup, SME, large corporation or a public sector organisation, asset finance could be an excellent way to fund your office refurbishment project. Therefore, please don’t hesitate to reach out and speak to one of our sales team today to see how asset finance is helping UK businesses fund their office refurbishments.