Unlock your company’s potential with our Asset Finance packages

Does your business need to buy or upgrade equipment, or vehicles including commercials and cars, or expand its current operation? Allied Irish Bank (GB) has a range of Asset Finance solutions that can help you purchase assets in a cost-effective and tax-efficient way with repayments that work for you.

  • --------------------Start of Accordion---------------------------

    Features and Benefits

    • Our Asset Finance packages give you flexibility in a range of assets that you can acquire to allow your business to expand and develop.
    • Flexible Borrowing – we offer you the choice of borrowing sums from £25,000 upwards, with repayments that work for you (typically spread over three to five years, sometimes longer where appropriate).
    • Cost-effective – no substantial outlay is needed to buy equipment, so your company’s working capital can be used elsewhere.
    • Competitive – we offer competitive terms and there are no hidden charges.
    • Tax efficient – repayment interest charges may be off-set against taxable profits with VAT usually reclaimable (special rules apply to cars). This information is based upon current HMRC regulations and may be subject to change. Capital allowance costs may also be claimed.*
    • You can choose a fixed rate of interest for the full term to make it easier to manage your cash flow, or choose a variable rate of interest.

     

    *Customers are advised that they should seek independent tax advice.

    --------------------End of Accordion---------------------------

  • --------------------Start of Accordion---------------------------

    How it Works

    • We provide the upfront finance for the asset and agree repayments over an agreed term. At the end of the term you own the asset.
    • Self-secured – our Asset Finance package can be classified as ‘self-secured’ lending, meaning that the asset will be used as the bank’s security.
    • A deposit of 10% of the net cost of the asset is usually required (dependent on age). However, alternative arrangements may be considered.

    --------------------End of Accordion---------------------------

  • --------------------Start of Accordion---------------------------

    Assets you can finance with Hire Purchase - New & Used

    • Cars and commercial vehicles
    • HGVs and trailers
    • Buses and coaches
    • Plant and machinery
    • Construction equipment
    • Waste management equipment

    --------------------End of Accordion---------------------------

--------------------Start of Accordion Container---------------------------

Click on edit button to enter Accordion Header

-------------------End of Accordion Container---------------------------

Talk to Us 

Simply call +44 (0)345 600 5204 or visit your nearest Business Centre. We’ll be happy to answer any questions you might have about applying for Asset Finance with Allied Irish Bank (GB).

 

† Lines open: 9am to 5pm Monday - Friday (except on bank holidays). Calls may be recorded. Call charges may vary - refer to your service provider.

Help and Guidance

 

Help Centre

For all service related queries please visit our Help Centre.

Important Information

Availability of credit depends upon our assessment of your financial position. We encourage you to take independent legal advice to ensure that you understand your commitment and the possible consequences of your decision.

Please note that security and insurance may be required

Related Products

4
Call 0345 6005204
New Business Customer Enquiries 0345 0343253