Renaissance Asset Finance: products, terms and eligibility

Renaissance Asset Finance is a UK provider of asset finance. The legal entity named on its site is Renaissance Asset Finance Limited, company number 08885289. It is based in Basildon, Essex. It gives its founding year as 2014. It is part of Arbuthnot Latham & Co., Ltd (Arbuthnot Banking Group PLC).

Renaissance Asset Finance Limited says it was established in 2014 and traces its origins to 1991, when it operated as Reliance Financial Contracts Limited, a brokerage for SMEs and high-net-worth individuals. It says it became a wholly owned subsidiary of Arbuthnot Latham & Co., Ltd in April 2017. Arbuthnot Latham is part of Arbuthnot Banking Group PLC. Its main office is in Basildon, Essex, with a registered office at Arbuthnot House, 20 Finsbury Circus, London.

In its own words on scale:

• Says it writes asset finance business from £10k to £4m+ (figure on its site in October 2026).
• Says that under its former ownership it built a loan book of £70m over five years (historical figure on its site).

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

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

• Hire purchase: Spread the cost of the asset; own it at the end of the hire period.
• Finance lease: Rent the asset, which remains the finance company’s property; rentals may be offset against pre-tax profits.
• Refinance (hire purchase): Raise cash against assets you own; ownership retained on completion.
• Block discounting: For finance providers: purchases blocks of their agreements and releases funds in advance of customer payments.

Hire purchase

Spreads the cost of an asset over a set period, and the customer owns the asset once all payments are completed. It is aimed at customers wanting to own the asset long term.

Finance lease

A rental arrangement in which the asset remains the property of the finance company throughout the lease and at the end of it. The site says the rentals are a trading expense and that the business may be able to offset them against pre-tax profits.

Refinance (hire purchase)

Raises cash against assets the business already owns. The finance is secured against the asset’s value, and the customer owns the asset outright once the scheduled payments are complete. The site says any asset with a future value could be suitable.

Block discounting

A funding facility for finance providers, in which Renaissance buys blocks of hire purchase, lease, rental and loan agreements from them. It is undisclosed, so the end customer is not told, and the finance provider remains agent responsible for customer management and collecting repayments.

Renaissance Asset Finance says its finance is used for:

• Spreading the cost of vehicles and equipment
• Funding plant and machinery
• Raising cash against owned assets
• Refinancing classic or high-value vehicles
• Funding for finance providers through block discounting

Sectors and business types it says it funds:

• Limited companies, sole traders, partnerships and high-net-worth individuals
• Taxis, commercial vehicles, coaches and buses
• Plant, cranes, engineering and manufacturing equipment
• Agriculture, audio visual, print and waste management assets

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

• Limited companies.
• Sole traders and partnerships.
• High net worth individuals.
• Customers across the UK.
• Business of £10k to £4m+.

Renaissance Asset Finance describes its process like this:

1. Ask for a quote through the contact form or by phone.
2. The lender discusses the asset and the business with the customer or their broker.

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 Renaissance Asset Finance publishes that are worth knowing:

• States it is not authorised and regulated by the FCA.
• Funding is secured on the value of the asset; any asset with a future value could be suitable for refinance.
• Assets listed include taxis, commercial vehicles, plant and machinery, agriculture, cars, coaches and buses, cranes, print and waste management.
• Subsidiary of Arbuthnot Latham since April 2017.

Security and guarantees

Hire purchase refinance is secured against the asset. Under a finance lease the finance company owns the asset throughout. No personal guarantee or early repayment terms were published on the pages read.

Renaissance Asset Finance’s site states: “Renaissance Asset Finance is registered in England and Wales under company number 08885289. Registered office: Arbuthnot House, 20 Finsbury Circus, London, EC2M 7EA. Renaissance Asset Finance is not authorised and regulated by the Financial Conduct Authority.”

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 Simply Asset Finance, Ultimate Finance and United Trust Bank. 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.