BC Asset Finance

BC Asset Finance Finance for agri & construction machinery, haulage and renewables.

Most NI builders hire plant every month and never run this one sum. 👇A telehandler costs £300–£500 a week to hire.That's...
10/06/2026

Most NI builders hire plant every month and never run this one sum. 👇
A telehandler costs £300–£500 a week to hire.
That's up to £2,000 a month — out the door, every month, with nothing to show for it at the end.

The same machine, financed? Can sit at £700 a month. Over 5 years. At the end of which, you own it.

That's not a sales pitch. That's just the maths.
And there's more to it than the monthly figure.

When you hire, you're at the mercy of availability. Fleet stretched? Your job starts late. Rate goes up? You absorb it.

When you finance your own plant:
✔ It's there when you need it
✔ Fixed repayments you can plan around
✔ Full tax relief on qualifying equipment
✔ You're building an asset — not burning cash
Is finance always the right answer? No. If you're using a machine a handful of times a year, hire makes sense.

But if it's on site most months and you're signing hire agreements on repeat — you're almost certainly paying more to rent than you would to own.

We're not a bank. We're a family-run brokerage that's been arranging plant finance for NI construction businesses since 2002. We'll tell you straight whether the numbers stack up for your situation.

Message us or call Jonny on 07734 347027

BC Asset Finance Ltd is authorised and regulated by the Financial Conduct Authority (FRN: 671075). We are a credit broker, not a lender.

The tax rules on business equipment changed in April. What changed:The main pool Writing Down Allowance — the annual tax...
09/06/2026

The tax rules on business equipment changed in April.

What changed:
The main pool Writing Down Allowance — the annual tax relief on plant and machinery not covered by other schemes — dropped from 18% to 14% from April 2026.
Your total relief hasn't gone. But you'll receive it more slowly than before. For businesses with significant kit already in their tax pool, that's a meaningful cash flow difference.

What hasn't changed:
The Annual Investment Allowance still gives 100% relief on up to £1 million of qualifying equipment per year — available to sole traders, partnerships, and limited companies.
Full expensing still gives limited companies 100% relief on new main-rate plant with no upper limit.
And from January 2026, a new 40% first-year allowance fills some of the gaps — particularly for leased assets and unincorporated businesses — though it doesn't apply to second-hand kit or cars.

Where finance structure comes in:
This is the part most business owners don't realise until it's too late.
How you finance equipment affects the tax relief available. Hire purchase and finance lease are treated differently for capital allowances — and the asset type matters too. Second-hand kit, cars, and assets used for leasing all have their own rules.
The right finance product, structured the right way, means your accountant has everything they need to claim what you're entitled to.

We're not accountants — and this isn't tax advice. But we do structure deals with tax efficiency in mind, and we'll always make sure you've had that conversation before anything is signed.
If you're buying a tractor, an excavator, a tipper, or any significant piece of kit this year, it's worth 10 minutes with us before you commit.
💬 Message us. We'll talk through the finance options and flag anything worth running past your accountant first.

Educational content only. This post does not constitute financial or tax advice. Always consult a qualified accountant before making investment or tax decisions.

BC Asset Finance is a credit broker, not a lender. We are authorised and regulated by the Financial Conduct Authority

A NI groundworks contractor came to us earlier this year with a problem a lot of contractors will recognise. They'd just...
05/06/2026

A NI groundworks contractor came to us earlier this year with a problem a lot of contractors will recognise.

They'd just won a civils contract - drainage and groundworks on a housing development outside Belfast.

Good news.

Except the job required a 5-tonne excavator on site within weeks, and buying outright would have wiped out most of their operational reserve.

The only thing that should stop a NI contractor taking a job is choice - not cash flow.

That's what plant finance is for. And it moves faster than most people think.
💬 Won a job and need the kit? Message us today. We'll tell you straight what's available and how fast we can move.

The latest finance market data is out and there are two things every NI farmer and builder needs to know about it. 👇The ...
03/06/2026

The latest finance market data is out and there are two things every NI farmer and builder needs to know about it. 👇
The good news first.
Asset finance lending to UK SMEs hit a record £24 billion in 2025. Plant and machinery finance is up 13% at the start of 2026. The market is actively open and businesses that are investing are using finance to do it, not draining cash reserves.

Brokers arranged £33 billion of that SME lending last year, a 25% jump. More businesses are waking up to the fact that a good broker gets you a faster decision from the right lender, rather than a slow no from your main bank.
Now the part NI farmers specifically need to hear.
DAERA's new Nutrients Action Programme for 2026–2029 is proposing that all NI farms must be using Low Emission Slurry Spreading Equipment by 2030.

That's a compliance deadline and dribble bars, trailing shoes, and tanker upgrades don't come cheap. The farmers who move early get the pick of available kit and spread the cost over time. The ones who wait will face the same cost in a rush, with less choice and less time.

Both stories point to the same place:
→ The finance market is working in your favour
→ The compliance clock is ticking
→ A broker who knows your sector makes both easier to navigate

That's what we do, every day, for NI farmers, contractors, and hauliers.

💬 Message us for a straight conversation about what's available for your business

BC Asset Finance is a credit broker, not a lender. We are authorised and regulated by the Financial Conduct Authority

NI farmers - you have 7 days left to amend your Farm Sustainability Payment claim. ⏰The FSP window closes at midnight on...
02/06/2026

NI farmers - you have 7 days left to amend your Farm Sustainability Payment claim. ⏰
The FSP window closes at midnight on 9 June 2026.
Late penalties have been applying since 16 May, but amendments are still accepted up to the deadline. If anything on your application needs correcting, now is the time.
Miss the window entirely and you risk losing your entitlements. That's not a small thing.

One more thing worth knowing, while we're here.

A lot of NI farmers we speak to are planning equipment purchases; new kit, slurry upgrades, tractor replacements and timing those purchases around when their FSP payment lands.

That's smart thinking. But there's a smarter way to do it.

Finance structured around your payment schedule means you don't have to wait for the money to arrive before the kit goes to work. You get the equipment on the ground now, and the repayment structure fits around the cashflow you're already expecting.

It's one of the more common conversations we have with farming clients at this time of year.

💬 If that sounds relevant to your situation — message us.

Here's a stat that should make every NI farmer, contractor, and haulier stop and think.96% of asset finance applications...
29/05/2026

Here's a stat that should make every NI farmer, contractor, and haulier stop and think.
96% of asset finance applications are approved.
Only 44% of bank loan applications are.

And yet over half of smaller businesses still walk straight to their main bank when they need finance.

We see this every week.

A farmer needs a new tractor or a tanker upgrade. A groundworker needs a mini excavator to take on more contracts. A haulier needs another tipper to grow the fleet.
They go to the bank. The bank says no or offers something that doesn't work for the way their business actually runs.
So they wait. They hire in instead. They turn down work they could have taken.

Here's the thing nobody at the bank will tell you:
Asset finance, hire purchase, finance lease, refinance was built for exactly this type of business.
Equipment as security. Flexible repayment structures. Seasonal payment options for farming income. Fast decisions from lenders who understand the sectors you work in.
That's why the approval rate is 96%.
If you've been turned down before, or you've just assumed finance wouldn't work for your business, it's worth a conversation.

Reach out to us via our DMs or email us directly.

Wondering what NI businesses are actually financing this year? We put together the five assets we're arranging the most ...
28/05/2026

Wondering what NI businesses are actually financing this year?

We put together the five assets we're arranging the most finance for in 2026, across farming and construction. And it's probably not a surprise if you're working in either sector right now.

Telehandlers. Mini excavators. Slurry tankers. Tractors. Tippers.

The common thread? They're all assets that earn their keep - but take a serious chunk of capital to buy outright.
Finance solves that. You get the kit on the ground now, spread the cost across the term, and keep your working capital where it belongs - running the business.

If something on that list is already on your radar, message us. We'll tell you straight what's available and what it'll look like on the numbers.

Brilliant few days at this year's Balmoral Show.The 157th show at Eikon did not disappoint with tens of thousands of peo...
26/05/2026

Brilliant few days at this year's Balmoral Show.
The 157th show at Eikon did not disappoint with tens of thousands of people through the gates, some incredible livestock on display, and machinery everywhere you looked.

For us, Balmoral isn't just a great day out. It's a reminder of exactly who we do this for. The farmers investing in new kit, the contractors spec'ing out the next piece of plant. The family businesses weighing up whether to buy or finance, and trying to make the right call.

Spoke with several machinery dealers and bumped into a few familiar faces.

We're out at events like this because we think a broker should know the industry they're working in.

If we crossed paths at Balmoral this year, great to see you. And if you didn't make it we hope to see you next year.

In the meantime, if you're thinking about financing equipment you spotted at the show, give us a shout. That's what we're here for.

Most business owners don't have time to read market reports, policy updates and industry forecasts every week.They're bu...
22/05/2026

Most business owners don't have time to read market reports, policy updates and industry forecasts every week.

They're busy running farms, managing projects, pricing jobs and keeping operations moving.

So here's your monthly briefing.

This month:
✔ Interest rates remain relatively stable
✔ NI construction continues to outperform the wider UK
✔ Farming regulation and LESSE planning are becoming increasingly important

The biggest takeaway?

The strongest businesses are often not the ones reacting at the last minute, they're the ones planning ahead.

At BC Asset Finance, we work with businesses across Northern Ireland to help them understand the wider picture and explore funding options that suit their circumstances.

If you'd like to discuss plans for the months ahead, get in touch.

BC Asset Finance Ltd is authorised and regulated by the Financial Conduct Authority. We act as a credit broker, not a lender.

Not every “no” means the conversation ends.Many businesses across Northern Ireland come to brokers after being declined ...
21/05/2026

Not every “no” means the conversation ends.

Many businesses across Northern Ireland come to brokers after being declined elsewhere.

That’s often because a high street bank is assessing a situation against its own criteria and products.

Whether you're in farming, construction, haulage or another sector, understanding the full picture can make a difference.

Sometimes the answer isn’t a different business plan. It’s a different route.

Get in touch if you're planning your next investment and want to understand what options may be available.

BC Asset Finance Ltd is authorised and regulated by the Financial Conduct Authority. We act as a credit broker, not a lender.

Address

Newtownards
BT236RF

Opening Hours

Monday 9am - 5pm
Tuesday 9am - 5pm
Wednesday 9am - 5pm
Thursday 9am - 5pm
Friday 9am - 5pm

Telephone

+447734347027

Website

Alerts

Be the first to know and let us send you an email when BC Asset Finance posts news and promotions. Your email address will not be used for any other purpose, and you can unsubscribe at any time.

Contact The Business

Send a message to BC Asset Finance:

Shortcuts

Share

Category