Soft Asset Finance – benefit from tax efficiencies, overcome budget restraints & ease cash-flow
- Avoid large start-up or project costs
- Spread the cost of the asset
- Spread the cost of VAT
- Terms up to 6 years
- Tax deductible OpEx payments
- Avoid upfront expenditure on depreciating assets
- Fund fit-outs or refurbishments
- Upgrade facilities, fixtures & fittings
- Purchase new equipment & machinery
- Invest in signage & branding
- Benefit from the latest systems & technology
- Increase your budget using finance over cash-reserves
Simple Steps to Funding
01
Apply
It only takes a minute to get started. Fill in our simple form to check your eligibility.
02
Approval
A BEAR Finance expert will call you within 1 working hour to understand your business' finance requirement.
03
Agreement
We use our expertise and panel of lenders to match you with the perfect solution. Fast, simple and explained in full.
04
Funded
In-funds as fast as 24 hours. Your BEAR Finance expert will provide ongoing support as your business continues to grow.
Frequently Asked Questions
How do I apply for Soft Asset Finance?
Our initial applications require only minimal business information and can be completed in seconds. CLICK HERE TO APPLY.
How can I use Soft Asset Finance?
Soft Asset Finance can be used for a diverse range of non-tangible and tangible assets that typically depreciate and have a low resale value. Examples include fit-outs and refurbishments, from lighting and electricals to soft-play and office equipment. Soft asset finance covers everything from a new-start project to upgrades to an established facility and everything in between.
What is the difference between Hard and Soft Asset Finance
Hard Asset finance generally refers to finance for larger tangible assets such as vehicles and industrial machinery that typically retain a resale value. Soft Asset finance is for both non-tangible and tangible assets that depreciate at a higher rate and do not have a significant resale value.
Am I eligible for Soft Asset Finance?
Any Limited business in the UK can apply for Soft Asset Finance, as long as they have a registered Limited business. We often fund brand new start-up projects. Simply complete our form to discover if you are eligible CLICK HERE.
Do I need a personal guarantee?
With Soft Asset Finance the majority of lenders will require a personal guarantee. There are some lenders that have options where no personal guarantee is required from any Director or Shareholder, typically these are only available to very well-established businesses with evidence of strong financial performance.
How much can I borrow and for how long?
As a broker (not a lender), we can secure multiple loan agreements on your behalf, significantly increasing your borrowing capacity. The maximum available through our Soft Asset Finance is up to £2million over terms up to 6 years.
Is there anything that Soft Asset Finance doesn't cover?
Yes, but not much! Typically, in a fit-out, refurbishment or equipment purchase, Soft Asset Finance will be utilised for nearly all requirements. Furthermore, anything that can't be covered by the Soft Asset agreement, can always be supported by an alternative type of funding. However, Soft Asset Finance is the smart way to finance non-tangible purchases as it requires less security, lower interest costs, stronger terms and tax efficiencies vs a standard commercial loan.
Sourcing Bespoke Finance Solutions
Bespoke
Our approach is bespoke, our dedicated Finance specialists take the time to understand the challenges and goals of your Business.
Efficient
Our enhanced approval success is achieved through relationship strength and precision matching with our panel of lenders.
Accurate
Accurate in our analysis of our clients financial positioning, business modelling and market placement to ensure they are presented to the right lenders for the most successful and suitable result.
Relentless
We are relentless in our pursuit of the best possible outcome for every client, we know that critical business decisions deserve perfect financial partnerships.