Transform your business with bespoke asset finance
In a fiercely competitive market, new technologies and equipment are the key to staying ahead of the game, but these call for significant investments. Amidst the day-to-day financial commitments, how do you stay financially sound? The answer: Asset finance with grenke.
How does equipment finance work?
When your customers use outdated equipment that hinders their productivity, our equipment finance solutions are here to help businesses upgrade seamlessly. Working directly with suppliers, grenke ensures the latest tools are financed efficiently, enhancing your operations without financial strain. Our equipment finance solutions are ideal for the healthcare industry, enabling access to advanced medical equipment without heavy upfront investments. After confirming the customers eligibility for asset finance, grenke confirms with the supplier that the equipment can be financed with grenke.
The Customer receives the equipment and any maintenance and service from the supplier. They become a separate customer of grenke. grenke purchase the equipment for them, and lease or hire the equipment back to them with regular payments over a fixed term.
Reasons to use asset finance
Ideal for businesses seeking to utilise assets without ownership, ensuring flexibility and cost-efficiency.
Future-proof your finances
Secure fixed-term leasing with predictable costs, protecting your budget against market fluctuations. Our equipment finance solutions help businesses plan confidently for the future.
Safeguard credit lines
Protect your existing financial resources. By utilising asset finance, you keep bank loans and overdrafts untouched, reserving them for optimal use when your business needs them most.
Maximize ROI on depreciating assets
In today's fast-paced tech world, equipment values fluctuate. Instead of large cash outlays on depreciating assets, our pay-as-you-use model ensures you get maximum value from your investments.
Stay ahead with cutting-edge equipment
Stay competitive with tailored equipment leasing solutions that provide regular upgrade opportunities, keeping your business at the forefront of innovation.
Hire Agreement
Master Lease Agreement
Product purpose
Also known as lease contract, a finance agreement for equipment over a fixed period.
An agreement with preferential terms to finance multiple assets (equipment or machinery) over a 12 month period.
Offered through suppliers
Fixed monthly payments
Payment period
36 - 84 months
12 months
PreApproved annual investment volume
✖
Upgrade potential
✖
Multiple assets approved
Under one agreement
Multiple hire agreements under one master lease
Service and maintenance included
✖
✖
Minimum investment offered
£500
£25000
A hire agreement, or lease, means you never own the equipment—either during or after the finance term.
Grenke offers flexible leasing terms from 2 to 5 years, tailored to suit the needs of UK businesses looking for equipment finance. The available lease term may vary depending on the equipment you choose and the reseller supplying it.
Once your equipment is installed and you confirm it’s working as expected, sign the delivery confirmation to officially start your lease. Your first payment will be taken on the 1st day of the next month or quarter. This will include any interim rental charges, which are daily rental costs covering the period between signing the delivery confirmation and your first scheduled payment.
What is financed with grenke?
// IT Hardware & Software
// Copiers & printers
// Telecommunications
// Security
// Office furniture
// Coffee machines
// Vending machines
// Audiovisual equipment
// Cleaning equipment
// Forklifts
// Air compressors
// Garage equipment
// Green technology & Waste management
// Medical equipment
// EduTech
// Hospitality & Catering
// Exercise machines
// Retail & point of sale
// Robotics
// Beauty equipment
// Emergency equipment
// Surveying equipment
Popular finance-friendly sectors
Asset finance isn't new and certain industries and assets are perfect candidates for funders like grenke to support. So where do we see our finance option flourishing?
Is equipment finance for you?
Why us?
People
Our expert team is dedicated to your success. With years of industry experience, we provide personalized service and tailored leasing solutions.
Planet
Embrace sustainability without compromising on performance. Our finance supports environmental goals by providing access to equipment that can be reused, recycled and reduces carbon footprints.
Profit
Our competitive rates and customised payment plans are designed to maximise profitability. Let us help you turn financial challenges into opportunities for growth.
Principles
Integrity is at the core of everything we do. We believe in transparent, ethical business practices that build trust and long-lasting relationships.
People
Our expert team is dedicated to your success. With years of industry experience, we provide personalized service and tailored leasing solutions.
Planet
Embrace sustainability without compromising on performance. Our finance supports environmental goals by providing access to equipment that can be reused, recycled and reduces carbon footprints.
Profit
Our competitive rates and customised payment plans are designed to maximise profitability. Let us help you turn financial challenges into opportunities for growth.
Principles
Integrity is at the core of everything we do. We believe in transparent, ethical business practices that build trust and long-lasting relationships.
Access supplier finance with grenke
Set up your sales for success today and speak with your local grenke team. They will walk you through the options and offer your team a smooth transition into the world of finance with grenke.
