Allied Asset Finance Ltd
waldegrave estate, chewton mendip, ba3 4nt

Allied Asset Finance

Hire purchase & Leasing for new and used assets

Finance products


Hire Purchase/Lease Purchase

  • Customers pay an initial deposit or instalment, plus the full VAT if applicable, and the balance is paid over the remaining term – commonly 1 to 5 years.
  • Instalments can be made monthly, quarterly, annually or seasonally.
  • Once all payments have been made, legal ownership is passed to the customer.
  • The asset is included on the customer’s balance sheet, and capital allowances can be claimed against taxable profits.
  • Allows customers to purchase assets without the full capital outlay, and without tying up existing bank credit lines or overdraft.

Finance Lease

  • Customers pay an initial payment or advance rental(s), followed by periodic rentals over the remaining term – commonly 1 to 5 years.
  • VAT is paid – and reclaimed - on each rental rather than on the full cost of the goods.
  • Rentals can be made monthly, quarterly, annually or seasonally.
  • The Lessor retains title to the asset, but the customer is entitled to sell the goods on the Lessor’s behalf and retain up to 99% of the sale proceeds.
  • The asset is included in the customer’s balance sheet, and rentals can be tax deductible.

Also available

  • Operating Lease

  • Contract Hire

  • Commercial Loans

  • Refinance

Please call us for more information. 


Motor Finance

  • New or used cars, vans & commercial vehicles
  • Contract Hire, Leasing & Hire Purchase
  • Refinance & finance of balloon payments
  • Vehicle sourcing
  • Maintenance contracts available

Finance for Ltd companies, partnerships, sole traders and company directors 


Plant & Machinery Finance

  • All types of machinery, forklifts & materials handling
  • Engineering, printing & manufacturing industries
  • Flexible terms & low deposits available
  • Hire Purchase & Leasing
  • Refinance of existing assets
  • Market leading rates

agricultural & construction finance

  • Terms tailored specifically for the agriculture & construction industries
  • Agricultural machinery & vehicles of all types
  • Construction assets from excavators, dumper & HGV’s to specialist  equipment
  • Hire purchase & Leasing
  • Refinance of existing assets
  • Market leading rates