Hire purchase (HP)
Pay a deposit and fixed monthly instalments, then own the asset outright at the end (often for a nominal fee). Best for assets you want to keep, like plant and machinery.
Coming soon
Asset Finance Calculator
Estimate hire purchase and lease costs, source live lender products and apply online.
Coming soonHire purchaseFinance lease
Asset finance calculator UK Hire purchase & leasing Vehicles, plant & equipment Specialist brokerage support Free to calculate & source
Spread the cost of vehicles, plant, machinery, equipment and technology instead of paying upfront. Use the calculator to estimate your monthly payments across hire purchase and lease structures — then find the lender to fund it.
Products are uploaded directly by lenders, so you're sourcing live, current asset finance deals rather than out-of-date listings. Once you've run your figures, shortlist what fits and apply online. Your application is then handled by Dynamic Commercial Finance, our specialist brokerage team, who fact-find your case and submit it to the lender.
What is asset finance?
Asset finance lets your business acquire or refinance a physical asset without draining cash reserves. The finance is usually secured against the asset itself, which means lower rates than unsecured borrowing and more flexibility on trading history. It funds more than £35 billion of UK business assets a year, across transport, manufacturing, construction, agriculture, healthcare and professional services.
The main structures:
Finance lease
Rent the asset over its useful life; the lender retains ownership and you settle or roll a residual value at the end. Good for assets you replace on a cycle.
Operating lease
Use the asset for a set period with no intention to own; lower payments, off-balance-sheet in some cases.
Refinance / sale-and-HP-back
Release cash from assets you already own to inject working capital.
How the calculator works
Enter the asset cost, your deposit, the term and an indicative rate, and the calculator estimates your monthly payments and total cost. Compare HP against leasing to see how ownership and cash-flow trade-offs affect the numbers.
The result is a guide, not a formal quote. Your final cost depends on the lender, the asset type and your business profile — the live products you source reflect what's actually available.
Asset finance filters — real lender criteria
Every filter maps to a real lender criterion — so the products you see match the asset and structure you need.
Asset type & age
New vs used
Net / gross funding amount
Deposit or VAT deposit
Term & balloon
Annual mileage / hours
Trading history
Sole trader / Ltd / LLP
Balloon / residual value
HP vs finance lease
Refinance available
Sector appetite
Explore related tools: invoice finance calculator, commercial calculator.
From calculation to completed application — one platform
Estimate
Model your payments with the calculator above.
Source
Browse asset finance products uploaded directly by lenders.
Shortlist
Save the facilities that fit, with no obligation to proceed.
Apply online
Submit through the platform when ready.
We handle the rest
Dynamic Commercial Finance fact-finds and submits your case to the lender.
Asset finance rates and terms in 2026
Asset finance rates in 2026 typically range from around 4% to 12% APR, depending on the asset and your business profile:
- New vehicles and standard plant — the lowest rates, often 4% to 7% APR.
- Used or specialist assets — higher, typically 8% to 15%+ APR, reflecting lower resale/residual values.
Terms usually run 12 to 84 months, matched to the productive life of the asset. Funding of 80–90% is common, and many established businesses secure facilities with little or no deposit. Most lenders look for around two years' trading, though specialists consider newer businesses.
Indicative rate ranges only — August 2026. Live lender-uploaded products are the source of truth.
The tax angle
Asset finance can be tax-efficient. Under hire purchase, the business is usually treated as the economic owner from the start, so capital allowances — including the £1m Annual Investment Allowance, full expensing for qualifying plant and machinery, and the 40% First Year Allowance introduced in January 2026 — can often be claimed, and the interest element is generally deductible. VAT treatment differs between HP (VAT usually due upfront) and leasing (VAT on each rental). This is general information, not tax advice — confirm the treatment for your business with an accountant.
Why use DyneSourcer for asset finance?
Products uploaded by lenders
Live, current HP and lease deals from the source.
Calculate, source, shortlist and apply in one place
The full journey for asset finance — not just a payment estimate.
Specialist brokerage support
Dynamic Commercial Finance matches the right structure to the asset and submits your case properly.
All asset types
Vehicles, plant, machinery, IT, fit-out and refinance.
Asset finance FAQs
Common questions about hire purchase, leasing and asset refinance on DyneSourcer.
What's the difference between hire purchase and a finance lease?
With HP you pay instalments and own the asset at the end. With a finance lease you rent it over its useful life and the lender keeps ownership, settling a residual value at the end. HP suits assets you'll keep; leasing suits ones you replace.
What happens after I apply?
Your application goes to Dynamic Commercial Finance, our specialist brokerage team, who fact-find your case and submit it to the lender.
Can I release cash from assets I already own?
Yes — asset refinance (sale-and-HP-back) lets you raise working capital against equipment or vehicles you already own.
How quickly can asset finance be arranged?
Smaller facilities can complete in a few working days with specialist lenders, depending on the asset and your business profile.
Do I need a deposit?
Often not — many established businesses secure facilities with little or no deposit, though it can improve your rate.
Calculate, source and apply — all in one place.
Model your hire purchase or lease costs, source live products from UK lenders, shortlist and apply online. Dynamic Commercial Finance handles the rest.
Asset finance is a form of business lending secured against the asset. The asset may be at risk if you do not keep up repayments. Tax treatment depends on individual circumstances and may change — seek independent advice.
Dynesourcer Ltd is an IAR of Dynamic Commercial Finance Ltd. Products updated August 2026.