Asset finance is a financing solution designed for companies that need to acquire the use of assets without incurring debt. The most common form of asset finance is leasing or renting assets for a specified period of time. At the end of the lease period, companies have the option to purchase the asset. This type of financing solution is ideal for companies that need to acquire expensive assets, such as machinery, vehicles, or real estate, but do not want to take on debt. Additionally, asset finance allows companies to conserve their capital and maintain a healthy balance sheet, while still enjoying the benefits of the asset. Overall, asset finance is an excellent option for companies that need to acquire assets but do not want to take on debt or make a large upfront investment.
About FullCircl
FullCircl is a Customer Lifecycle Intelligence (CLI) platform that helps B2B companies in financially regulated industries do better business, faster. Its solutions allow front and middle office teams to win the right customers, accelerate onboarding and keep them for life.
FullCircl has merged with ID&V platform provider W2 Global Data to provide regulated entities with the next generation of regulatory compliance.