A simple way to purchase the asset you need and spread the cost is through hire purchase. The asset is paid for in instalments, meaning that the item shows on your balance sheet.
The quickest way to access the value of assets you already own is through Capital release or refinancing. Doing this allows you to use the asset’s value where it is needed most to grow your business.
If you want to use an asset without the hassle or expense of owning it outright, a finance lease arrangement might be right for you. You pay to rent the asset and gain full use of it over a flexible rental period.
This is similar to a finance lease. You still rent the asset, but only for part of its useful life.