Asset finance London: funding the kit London businesses run on
Asset finance in London spreads the cost of vehicles, machinery and equipment over their working life, secured on the asset itself rather than on your home or premises. This page sets out what is specific to London: the local business figures, the public funding open to you and which lenders on our panel cover your postcode.
“An excellent company that provided funding options quickly.”
- Enterprises (ONS 2026)
- 552,505
- Under 10 staff
- 90.1%
- Top sector: professional
- 14.4% of jobs
- Regional fund (BBB)
- None in London
On this page
Where asset finance fits the London economy
The equipment-heavy sectors that use asset finance most account for 10.5% of workforce jobs (June 2026) in Greater London: manufacturing (1.9%), construction (4.3%) and transport and storage (4.3%). Those shares come from the London regional profile, which counts workforce jobs rather than employee jobs, so they are not directly comparable with Great Britain figures.
| Sector | London share | London jobs | Great Britain (employee jobs) | Ratio |
|---|---|---|---|---|
| Manufacturing | 1.9% | about 122,300 | 7.3% | 0.26 |
| Construction | 4.3% | about 276,700 | 5.0% | 0.86 |
| Transport and storage | 4.3% | about 276,700 | 5.0% | 0.86 |
The ratio is highest for construction, at 0.86. Builders and groundworkers fund diggers and vans this way, and owned plant can be refinanced for cash (construction finance).
Regional funding beside asset finance
No British Business Bank regional fund covers London (British Business Bank), so alongside asset finance the government-backed option is the national Growth Guarantee Scheme. More on business loans in London.
- DiscussTell us what the funding is for.
- Explore the marketWe search 300+ lenders and compare offers.
- Compare offersWe explain the options clearly.
- Move forwardChoose the right facility for your business.
Asset finance near London
Straight-line distances from London:
- Asset finance Birmingham (100 miles)
- Asset finance Bristol (105 miles)
- Asset finance Nottingham (110 miles)
- Asset finance Cardiff (130 miles)
Lenders on our panel that cover London
No asset finance provider in our panel data (40 in all) excludes London postcodes, so a London business is compared against all of them.
Free business support in London
Before committing to new equipment, Grow London Local can tell you whether any grant or local programme covers part of the cost, which reduces what you need to finance.
- Access to 300+ lendersWhole-of-market search across our lender panel.
- Independent brokerSmart Funding Solutions is an independent broker, not a lender.
- Tailored to your caseYour case presented to lenders suited to it.
- Support from start to finishOur experts handle the process from start to finish.
Sources
Every figure above comes from one of these, checked on 18 October 2026. Lender coverage is from the criteria held for each lender on our panel.
We are a credit broker, not a lender. Fees depend on the lender, and there is nothing to pay upfront. This page is general information, not financial advice. Lenders set their own criteria, rates and terms, and all finance is subject to status.
Common questions
Does a London postcode change asset finance terms?
Not in our panel data: 40 asset finance providers, none of which exclude London. Providers look at the asset itself, its age and resale value, and the business accounts.
What our clients say
“Simon was fast, kept us updated at all stages and was a real pleasure to work with on our asset finance. I highly recommend this company: excellent service all round.”
“Spoke with Simon, who managed to get me the loan I needed promptly. The whole process was very smooth and was completed within a few days.”
“Getting a business loan can feel like a bit of a minefield, but everything was broken down for me in great detail. Will use again in the future!”
“Simon was a pleasure to deal with and helped us find a business loan that matched our growth goals and future expansion plans.”
“I couldn’t source funding for my business, but the team got in touch within an hour and had it sorted within 24 hours. Fantastic service, and I would definitely use them again.”
Why businesses choose Smart Funding Solutions
- Access to 300+ lenders
- Personal broker support
- No obligation discussion
- Free to enquire
Our clients say
Trusted by UK businesses across every sector.
“Simon was fast, kept us updated at all stages and was a real pleasure to work with on our asset finance. I highly recommend this company: excellent service all round.”
“Spoke with Simon, who managed to get me the loan I needed promptly. The whole process was very smooth and was completed within a few days.”
“Getting a business loan can feel like a bit of a minefield, but everything was broken down for me in great detail. Will use again in the future!”
“Simon was a pleasure to deal with and helped us find a business loan that matched our growth goals and future expansion plans.”
“I couldn’t source funding for my business, but the team got in touch within an hour and had it sorted within 24 hours. Fantastic service, and I would definitely use them again.”
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