Asset Finance
in Coventry

Almost any tangible business asset can be considered, including CNC machinery, commercial vehicles, IT infrastructure, industrial robots, and office fit-out. Lender appetite varies by asset type and age, so our advisers identify the most appropriate funders for your specific equipment. Soft assets such as software licences may also be bundled into certain facilities.

Not necessarily. While many mainstream lenders prefer two or more years of accounts, our panel includes specialist funders who consider start-ups and businesses with limited trading histories. We assess your full position — turnover, asset quality, and sector — before approaching lenders.

With asset finance, the asset itself typically acts as security, which often means more competitive rates and greater lending appetite than unsecured facilities. Repayment terms are usually structured to align with the asset's productive life, making cash flow planning more predictable.

Yes, Ichiban Capital is FCA-approved and operates as an independent finance broker. This means we are bound by conduct rules that put your interests first and require transparent disclosure of fees and commission.

Absolutely. Rather than spending a large capital sum upfront, asset finance spreads the cost over a term matched to how long you will use the equipment. This keeps working capital available for stock, wages, and growth opportunities — a significant advantage in competitive sectors like advanced manufacturing.

Timescales depend on the lender and the complexity of the deal, but straightforward hire purchase or finance lease facilities can often be approved and funded within a few working days. We submit well-packaged applications to reduce back-and-forth and speed up decisions.

Lease payments are generally treated as an operating expense and may be fully deductible against taxable profits, whereas outright purchases are subject to capital allowance rules. The optimal structure depends on your tax position, so we recommend speaking with your accountant alongside taking our finance advice.

Yes. We work with clients across Rugby, Warwick, and the wider West Midlands region, as well as nationally. Location is no barrier — most of the advisory and application process can be handled remotely, with meetings arranged when genuinely useful.