Machinery
Suitable examples include industrial machinery, manufacturing equipment, and processing and packaging machines.
Asset Finance for South African Businesses.
Acquire the assets that move your business forward.
Finance income-generating equipment, technology and business assets without using the working capital you need to operate and grow.
Initial assessment does not guarantee approval.
From R50 000
Minimum asset purchase
3–5 years
Typical repayment period
R2m+
Annual business turnover
South Africa
Nationwide business funding
Could your business qualify?
Check the starting indicators before completing the assessment.Productive assets, preserved cash flow
Put the equipment to work while your capital stays available.
3–5
year terms
Machinery
Trucks
Solar
Office setup
Fund the asset, protect the business
Why Choose Asset Finance Through Premier Finance?
Asset finance helps established South African businesses purchase income-generating equipment or assets that reduce operating costs. Premier Finance assesses your application and, where it meets the minimum criteria, submits it to its asset-finance funding network.
01
Preserve working capital
Avoid tying up cash in a large upfront purchase. Keep liquidity available for stock, payroll and day-to-day operations.02
Match repayments to useful life
Structure the acquisition over an appropriate term, subject to the asset, affordability and the approved offer.03
Access a broader funding network
Complete one application while Premier Finance submits qualifying opportunities to its asset-finance funding network.Assets for every kind of business
What can asset finance help you acquire?
Finance productive assets across six broad categories, with structures suited to the asset and your operation.
Business equipment
Suitable examples include engineering, catering, hairdressing and beauty, and sports and leisure equipment.
Office automation & software
Suitable examples include office automation, IT equipment and business software.
Shop fitting & furniture
Suitable examples include office furniture, shop fittings, fixtures, reception furniture and storage systems.
Solar
Finance commercial solar systems and related energy equipment that support operational resilience.
Specialist & infrastructure assets
Suitable examples include medical equipment, CCTV, scaffolding, construction equipment, and waste and recycling equipment.
A clear path to the asset
How to Apply for Asset Finance
From application to productive use.
Your application, supporting documents and proposed asset are assessed before documents are signed and the supplier is paid.
1
Apply online
Complete the application and provide your asset quote and bank statements. For purchases over R80 000, also provide financial statements and current management accounts.
2
Get assessed
If your business meets the minimum criteria, we submit the application to our asset-finance funding network for assessment and an offer.
3
Sign documents
Once approved, the final structure, costs and finance documents are presented for acceptance.
4
Take delivery
The chosen supplier is paid in line with the approved transaction, and the asset can go to work.
Important: timelines depend on document completeness, the asset, supplier information and the full credit process.
Start the assessment →Know where you stand
Asset Finance Requirements
These are the current minimum indicators for an asset-finance application.
Registered South African business
The applicant must be a formally registered business with verifiable company and director information.Trading for 3 years or more
An established operating history helps assess stability, affordability and repayment capacity.R2 million+ annual turnover
Turnover should be supported by current financial information and business bank activity.No adverse director listings
Directors should have clear credit profiles, subject to the complete credit assessment.Meeting these indicators does not guarantee approval. The approved amount, term, deposit, pricing and structure depend on the business, asset, affordability and full assessment.
“The right asset should strengthen cash flow—not consume it.”Asset finance lets an established business put productive equipment into operation while spreading the cost across an approved term.
A well-chosen asset can increase output, reduce operating costs and protect working capital at the same time.
Apply now →
Straight answers
Frequently Asked Questions About Asset Finance
Understand the purpose, process and starting requirements before submitting an asset-finance enquiry.What is asset finance?
Asset finance helps a business acquire equipment, machinery or other business assets while spreading the cost over an agreed repayment period. Instead of paying the full purchase price upfront, the business makes payments under a finance agreement. The structure, deposit, ownership arrangements and repayment terms depend on the selected facility and funder.
What can I finance?
Asset finance may be used for income-generating or cost-saving business assets, including machinery, equipment, office automation, software, shop fitting, furniture, solar and specialist assets.
How much can I apply for?
We can assist with asset purchases from R50 000. The final approved amount depends on the asset, your business’s affordability and the approved offer.
How long is the repayment period?
Repayment periods are generally structured over 3 to 5 years. Your final term will depend on the type and value of the asset, your business’s affordability and the approved offer.
Do I need a deposit for asset finance?
A deposit may be required. The amount depends on the funder, the type and value of the asset, and the assessment of your application. Any deposit requirement will be confirmed in your funding offer before you decide to proceed.
Who owns the asset during the finance agreement?
Ownership depends on the type of finance agreement. Under some arrangements, the funder retains ownership during the term while your business uses the asset. At the end, ownership may transfer once all required payments and contractual conditions are met, or the agreement may provide options to purchase, return or continue using the asset. Your agreement will explain the ownership position and any final payment or end-of-term options.
Can I finance used equipment?
Used equipment may qualify, depending on the funder and the asset. Restrictions may apply to the equipment’s age, condition, value, remaining useful life and supplier. A valuation or inspection may also be required. Provide the asset details and supplier quotation so we can check whether a suitable funding option is available.
Can existing equipment be refinanced?
Refinancing may be possible for qualifying high-value business assets, allowing capital tied up in equipment to be released. This is assessed case by case.
What information will I need?
Complete the online application and provide an asset quotation and recent business bank statements. For asset purchases over R80 000, you will also need financial statements and current management accounts.
What interest rates and fees apply?
Pricing depends on the funder, your business’s credit profile and affordability, the asset, the deposit and the repayment term. Interest and any applicable initiation, administration or other charges will be set out in the funding offer and agreement before you accept. Review the repayment schedule, total cost, any final or residual payment, and whether insurance is required or charged separately.
Is Premier Finance a direct lender?
Premier Finance is a finance intermediary that helps businesses access funding through a network of funders. We guide you through the application process, submit qualifying applications to suitable funders and help you understand the available offers. The selected funder makes the final lending decision and determines the approved amount, pricing and finance terms.
Equip the next stage
Find out how you could fund your next asset.
Complete the form with your business and asset requirement. Premier Finance will contact you to discuss fit, documents and next steps.
Guided assessment
Secure online application
Clear next steps