Coronavirus Business Interruption Loan Scheme
The Coronavirus Business Interruption Loan Scheme (CBILS) is now closed to new applications.
Please note, applications received by 23.59 on 31 March 2021 can still be processed through to 31 May 2021.
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Businesses often need to invest in new equipment, or unlock additional funds currently tied up in their existing assets. InterBay’s asset finance team has the answers.
With over 150 years’ of asset-based lending experience combined, our team strives to help businesses reach their potential. Our payment options help businesses invest in the equipment they need to maximise their productivity.
Who can benefit from asset finance?
Asset Finance can help businesses of all shapes and sizes.
For example, a business may want to invest in equipment and retain their working capital for other needs. Or they may want to boost cash flow, not via a conventional bank loan, but through one of our refinance options. Either way, they could benefit from asset based finance.
Unlike most conventional loans, asset finance can be flexible with repayment strategies, meaning businesses could have more capital available when they need it.
Types of asset finance
Different types of businesses require different types of asset finance. These include:
- Hire purchase
- Finance lease