Haydock Finance: products, terms and eligibility

Haydock Finance is a UK provider of asset finance. The legal entity named on its site is Haydock Finance Limited, company number 01526882. It is based in Blackburn, Lancashire. Companies House shows the company was incorporated 1980.

Haydock Finance says it is a business finance specialist that has supported UK SME growth for over 45 years; the record notes it was incorporated in 1980 and is based in Blackburn, Lancashire. It works through a nationwide portfolio of introducers and says its team includes seven broker relationship managers, a vendor specialist, an agri sales specialist, a sales support team and underwriters. It says it is regulated by the FCA, a patron member of the NACFB and a member of the Finance & Leasing Association. The pages read give no ownership or parent company information.

In its own words on scale:

• Says it has gross receivables in excess of £900 million (figure on its site in October 2026).

Everything on this page comes from what Haydock Finance publishes itself. We show the date we last checked it, and we do not rate or rank lenders.

Haydock Finance publishes 4 products for UK businesses. The table above gives the amounts and terms as it states them.

• Hire purchase: Fixed period; option to purchase the asset outright at the end; balloon payment possible.
• Finance lease: Regular rental; asset not owned; may be able to sell the asset and receive a rebate from the proceeds.
• Refinance: Borrow against existing hard assets, secured on their value; monthly instalments.
• Chattel mortgage: Asset-based loan secured on movable assets; asset value need not match the loan size.

Hire purchase

Lets the customer spread the cost of an asset over 12 to 84 months without a large upfront payment, with an option to purchase the asset outright at the end. A larger deposit or a balloon payment can reduce monthly instalments, and payments can be structured to match cash flow. It says interest and charges can be offset against pre-tax profits.

Finance lease

Gives the customer use of an asset for a regular rental, without owning it, and it says this keeps the asset off the balance sheet. Rentals attract VAT, which it says can be spread over the term and reclaimed. At the end, the customer may be able to sell the asset and receive a rebate from the proceeds. It says it suits new or high-specification hard assets and regular upgrades.

Refinance

Lets a business borrow against the value of hard assets it already owns, such as commercial vehicles, equipment or machinery, to free up capital. The loan is secured on those assets and repaid in monthly instalments.

Chattel mortgage

Asset-based lending where an identifiable, movable asset is the security for the loan. It says it is typically used when the equipment is not suitable for hire purchase or lease, and that the asset value does not need to match the loan size, so it can fund several lower-value assets together.

Haydock Finance says its finance is used for:

• Buying commercial vehicles and fleets
• Plant and machinery
• Agricultural and forestry equipment
• Releasing cash from owned assets
• Seasonal payment profiles and VAT deferral

Sectors and business types it says it funds:

• Agriculture
• Bus and coach
• Construction
• Engineering
• Materials handling
• Manufacturing
• Prestige vehicles
• Transport and logistics

Haydock Finance publishes these criteria. Meeting them does not mean an application will be accepted: every lender makes its own decision.

• UK SMEs introduced through brokers, introducers or vendors.
• Business-critical assets with an inherent resale value.
• Assets include buses and coaches, HGVs and trailers, cars and vans, agricultural and forestry equipment, construction plant and industrial machinery.

Haydock Finance describes its process like this:

1. The broker, introducer or vendor submits a proposal with asset and client details.
2. A broker relationship manager and an underwriter assess the proposal.
3. A decision is given to the introducer.

Information it says it asks for:

• Asset specification (make, model, year)
• Cost and deposit values
• Client or company background
• Purchase justification
• Financial documentation

Every application is subject to status and the lender’s own criteria at the time.

Asset finance spreads the cost of equipment, vehicles or machinery, with the asset itself as the main security. Under hire purchase you own the asset once the final payment is made; under a lease you pay to use it and hand it back, extend or replace it at the end.

Lenders look at the asset’s age, condition and resale value as well as the business, and many fund used as well as new equipment. Sector pages such as transport and logistics finance and construction finance show how it is used in practice.

Points Haydock Finance publishes that are worth knowing:

• Refinance and chattel mortgage are secured against the value of the customer’s existing or movable assets.
• Structures offered include seasonal payments, balloon payments and VAT deferral of up to four months.
• Approved for the Growth Guarantee Scheme (has a dedicated page).
• Works through brokers, introducers and vendors rather than stating a direct application route.

Security and guarantees

Refinance and chattel mortgage are secured on the customer’s existing or movable assets. Hire purchase and finance lease are asset-based; security and personal guarantee requirements are not published on the pages read. Early settlement terms are not published on the pages read.

Haydock Finance’s site states: “Haydock is regulated by the Financial Conduct Authority (FCA), a patron member of the National Association of Commercial Finance Brokers (NACFB) and a member of the Finance & Leasing Association (FLA).”

Protections differ by borrower type and loan size. Most lending to limited companies is not regulated consumer credit, so read the agreement and ask the lender what applies to you.

Other providers of asset finance with profiles here include InterBay Asset Finance, Kingsley Asset Finance and Liberty Finance. Each profile uses that lender’s own published terms.

The full list, grouped by product type, is in our directory of UK business lenders.

Capzy is a credit broker, not a lender, and gets paid by the lender. One application lets your business compare options across lenders, so you can weigh this kind of facility against the alternatives. You can check your funding options with a soft search that does not affect your credit score. A full application to a lender may involve a hard search, and any offer is subject to status and lender criteria.