Simply Asset Finance Business Loan

This loan offers UK businesses between £5,000 and £2,000,000 with terms ranging from 12 to 84 months, focusing on asset finance and equipment loans.

Last checked on September 4, 2026. We may earn a commission when you click through.

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✓ Fast approval within 24-48 hours ✓ Flexible loan amounts from £5,000 to £2,000,000 ✓ Wide range of terms from 12 to 84 months
Business Simply Asset Finance

Simply Asset Finance Business Loan

Updated 1 month ago

At a Glance

Representative APR

—

Loan Amount

£5,000–£2,000,000

Term

12–84 mo

Decision

24-48 hours

No impact on your credit score Check eligibility →

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Eligibility Requirements

UK-based business
Asset finance and equipment loans
Hire purchase and leasing options
Part of Close Brothers Group

About this loan

This loan offers UK businesses between £5,000 and £2,000,000 with terms ranging from 12 to 84 months, focusing on asset finance and equipment loans.

Our Verdict

With a quick approval time of 24-48 hours, this loan is ideal for businesses needing immediate cash flow. However, consider the costs associated with asset financing, which may not suit every situation.

Best For

UK-based businesses looking for substantial funds to finance equipment or other assets.

Watch Out

High fees may apply if payments are missed, impacting overall loan costs significantly.

What Customers Say

Customers appreciate the swift approval process but express concerns over communication and varying interest rates based on creditworthiness.

Expert Analysis

For businesses requiring swift financing, Simply Asset Finance with its 24-48 hour approval. This is for those needing immediate cash for asset purchases. The loan amounts range from £5,000 to £2,000,000, making it suitable for both small and large enterprises.

The flexibility in terms of 12 to 84 months allows businesses to find a repayment plan that suits their cash flow. However, while the loan appears attractive, be aware of the hidden costs associated with asset financing, particularly if opting for hire purchase or leasing options. Customer service feedback indicates that while the company is part of the reputable Close Brothers Group, there are occasional frustrations around communication during the approval process.

Businesses with lower credit scores may face difficulties securing loans at favourable rates, which could limit options for some applicants. Overall, this product is for established businesses but may not be suitable for startups or those with unstable income.

Check eligibility →

You'll be redirected to simplyassetfinance.com

Rates shown are representative. Your actual rate may differ based on your circumstances. We may earn a commission for referrals.

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