Asset Finance in Manchester
Asset finance lets a Manchester business spread the cost of equipment, machinery or vehicles over time, using the asset itself as security. CoreFi arranges hire purchase and leasing for limited companies across Greater Manchester and matches your requirement to suitable commercial lenders. Terms depend on your business and lender appetite.
CoreFi arranges asset finance for businesses across Greater Manchester, from manufacturers in Trafford Park and Wythenshawe to construction firms in Salford, logistics operators along the M60 corridor and creative and tech studios around the Northern Quarter and MediaCityUK. Asset finance spreads the cost of equipment, plant, machinery, commercial vehicles and technology over a fixed term, so you can invest in growth without paying the full cost up front. We are a commercial finance broker for businesses, principally limited companies, and we match your requirement to lenders on our panel. Any rates, terms or advance levels mentioned on this page are indicative and illustrative only; the finance available to you depends on your business circumstances and lender appetite.
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Tell us what you need to fund
Share the asset or equipment, the approximate cost, and a little about your Greater Manchester business, including how the asset will be used.
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We match you to lenders
CoreFi reviews your requirement against our panel of commercial asset finance lenders and identifies those whose appetite fits your sector and asset type.
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Review indicative options
Where lenders show appetite, we set out the indicative structures available, such as hire purchase or leasing, so you can compare. Any figures are illustrative until formally confirmed.
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Complete and draw down
You proceed with the lender you choose, complete their checks and documentation, and draw the finance to acquire the asset. Approval and final terms are set by the lender.
What asset finance is used for in Greater Manchester
Asset finance covers the equipment and vehicles that Manchester businesses rely on every day. Manufacturers and engineering firms around Trafford Park and Openshaw use it for CNC machines, presses and production lines. Construction and groundworks businesses in Salford, Oldham and Rochdale fund excavators, telehandlers and site plant. Logistics and haulage operators working the M60 and M62 corridors finance HGVs, vans and trailers. Hospitality and food producers in Ancoats and the Northern Quarter fund commercial kitchens, refrigeration and fit-outs, while professional, creative and tech firms around Spinningfields and MediaCityUK use it for IT hardware, cameras and studio equipment. The common thread is spreading cost over the working life of the asset rather than tying up cash in a single purchase.
How asset finance works
Two structures cover most requirements. Hire purchase lets you pay for an asset in instalments and own it outright at the end of the agreement, which suits equipment you intend to keep long term such as machinery or a core vehicle fleet. Leasing (including finance and operating leases) lets you use an asset for a fixed period in exchange for regular rentals, which suits assets you may want to refresh, such as IT and technology. Refinancing existing assets you already own can also release cash back into the business. The asset itself usually provides the security, which can make asset finance accessible to businesses that are asset-rich. Repayment terms are typically aligned to the expected useful life of the asset; any specific term, deposit or rate is indicative and confirmed by the lender.
Why work with a local broker
CoreFi works with a panel of commercial lenders, from independent asset finance houses to bank-owned funders, and matches your requirement to those whose appetite fits your sector, asset type and stage. Rather than approaching lenders one at a time, you give us the detail once and we identify suitable routes. We understand the mix of Greater Manchester businesses we speak to, from Trafford Park manufacturing to Salford construction and Ancoats hospitality, and we tailor how a request is presented accordingly. We cannot promise approval or a particular rate; funding always depends on the business and the lender's own credit assessment.
Who we can help
We principally arrange asset finance for limited companies based in or trading across Greater Manchester, including Manchester, Salford, Trafford, Stockport, Bolton, Bury, Oldham, Rochdale, Tameside and Wigan. That covers established SMEs looking to expand capacity, businesses replacing ageing plant or vehicles, and companies wanting to preserve working capital while still investing. Requirements vary widely by sector and asset, so the best next step is to tell us what you need to fund and let us assess which lenders are likely to have appetite.
Frequently asked questions
Is asset finance available to Manchester businesses of any size?
We principally arrange asset finance for limited companies across Greater Manchester, from smaller established SMEs to larger operators. Availability depends on your business circumstances, the asset and lender appetite rather than size alone. The best step is to tell us what you need to fund.
What can I fund with asset finance?
Common uses include plant and machinery, manufacturing and engineering equipment, commercial vehicles and fleets, construction plant, commercial kitchens, and IT and studio hardware. If it is a durable business asset with a working life, it is worth asking whether asset finance can fund it.
What is the difference between hire purchase and leasing?
With hire purchase you pay in instalments and own the asset at the end, which suits assets you keep long term. With leasing you pay rentals to use the asset for a fixed period, which suits assets you may want to refresh, such as technology. We help you compare which structure fits.
Do you charge a fee?
CoreFi is a commercial finance broker and is typically remunerated by the lender on completion. Where any fee applies to you it will be disclosed clearly and in writing before you commit. We never present costs as hidden.
Can you guarantee I will be approved?
No. No responsible broker can guarantee approval or a specific rate. Funding depends on your business and each lender's own credit assessment. What we do is match your requirement to lenders whose appetite is most likely to fit, to give you the best chance of a suitable outcome.
Is CoreFi regulated by the FCA?
CoreFi arranges unregulated commercial finance for businesses, principally limited companies, which does not require FCA authorisation. We are a trading name of JG Core Ltd. We focus on business finance and match your requirement to suitable commercial lenders.
Which parts of Greater Manchester do you cover?
We work with businesses across the city region, including Manchester, Salford, Trafford, Stockport, Bolton, Bury, Oldham, Rochdale, Tameside and Wigan, and the industrial and commercial districts within them such as Trafford Park, Ancoats and MediaCityUK.
Fund your next asset in Manchester
Tell us what you need to finance and CoreFi will match your requirement to commercial lenders with appetite for your sector and asset. No obligation, and any figures shared are indicative until a lender confirms.
Get matched to lenders