New research into the borrowing habits of SMEs has found that almost three quarters of owners have invested their own money into their businesses over the last year to fund growth when they could have looked to asset finance instead.

500 businesses were questioned by Hitachi Capital, one of our trusted lenders about how they fund growth and the findings showed that 72% have invested their own funds, with that figure rising to 91% among startup owners. 80% said they’d used personal savings, a quarter using credit cards and 12% using overdrafts.

However, there have never been more options when it comes to flexible borrowing through asset finance – lending options that let businesses keep hold of their cash flow while still investing for growth. Whether it’s hire purchase, leases, project loans or non-standard borrowing, asset finance comes with payment terms and deposits to suit each company’s unique circumstances and plans for the future.

Find out how asset finance can help your business