Asset Finance and what you need to know.
Asset finance is an agreement between a financial institution and a company whereby the latter borrows money in order to purchase assets such as vehicles or equipment. It is sometimes also known as capital lease or buy-and-leaseback financing.
This article provides an explanation of asset finance, what types of assets are typically financed (e.g. vehicles, plant and machinery), in what markets they are used (e.g. US, UK) and who usually provides them (financial institutions).