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CW Asset Finance | Vehicle & Equipment Finance Yorkshire

← All finance questions

Can I finance IT and technology equipment?

Yes. Servers, workstations, laptops, networking hardware, telephony, audiovisual kit, security systems and associated infrastructure can all be financed. CW Asset Finance arranges IT funding for businesses that would rather spread the cost of a refresh than take it as a single hit to cash flow.

IT is generally treated as a soft asset. It depreciates quickly and has limited resale value, so lenders base their decision largely on your business rather than the hardware. Expect a shorter term than you would get on machinery, typically matched to the useful life of the kit, and expect more emphasis on accounts, trading history and the size of the commitment relative to your turnover.

Leasing rather than buying is popular here because it aligns the cost with the refresh cycle — you pay for the equipment while it is current and hand it back before it becomes a liability. Software licences, cloud subscriptions and support contracts are sometimes bundled into an agreement and sometimes excluded, so check exactly what is being funded.

The main risk is committing to a term longer than the equipment stays useful. If you are still paying for hardware you have replaced, the deal has cost you more than it saved. Terms depend on lender assessment and your circumstances.

Thinking about it for your own business?

Tell us what you are looking to fund and we will search our panel of 60+ lenders. No credit search at this stage, and indicative decisions in as little as 24 hours.

CW Asset Finance is a credit broker, not a lender. Finance is subject to status and lender approval.