Davenham Asset Finance review
Davenham Asset Finance is an independent UK lender offering asset finance to businesses buying, refinancing or leasing equipment. This guide sets out published product information, costs and eligibility criteria so business owners can compare it against other written offers before applying.
By Funding Fred · Sources checked 19 September 2026
Our enquiry compares selected Funding Fred partners. It is not an application directly to Davenham Asset Finance. Funding Fred is an introducer, not a lender.
Potential fit
Who could consider Davenham Asset Finance?
- Businesses looking to purchase new or used equipment through a structured hire purchase, lease purchase or finance lease arrangement.
- Companies wanting to release capital already tied up in owned assets, subject to the lender's own refinance criteria being met.
- Businesses seeking advances broadly within the £15,000–£350,000 range published by the provider, where the specific asset is acceptable as security.
Worth weighing up
When to consider other options
- If the funding need falls well outside the published £15,000–£350,000 range, another product or lender may be a better fit.
- If a business cannot offer a suitable asset as security, since Davenham Asset Finance lends against the asset itself.
- If unregulated finance arrangements are a concern, given the provider states it does not conduct FCA-regulated business.
Understand the offer
Costs and repayments
Davenham Asset Finance does not publish a fixed rate card, standard deposit percentage or generic repayment schedule. As with most asset finance providers, the actual rate, deposit requirement and term offered will depend on the asset type, its age and condition, the trading history of the business, and the size of the advance requested.
Two core structures are available: finance lease and hire purchase (also described as lease purchase). Under a finance lease, the business pays to use the asset over an agreed term, and ownership does not automatically transfer at the end, any option to acquire the asset outright is set out in the agreement itself, not assumed. Under hire purchase, regular instalments are paid toward eventual ownership, with title typically passing only once all sums due, including any final payment, have been settled.
Because lending is secured against the asset, any missed payments carry the risk that the asset could be repossessed. Settlement figures, early repayment terms and any guarantee requirements are not published in general terms and will vary by agreement. A written quotation from Davenham Asset Finance is the only reliable way to confirm the actual cost of borrowing, the deposit expected and the repayment structure for a specific asset and business.
Eligibility and application
Published information confirms Davenham Asset Finance considers both new asset purchases and refinancing of assets already owned by a business. Advances are described as sitting broadly between £15,000 and £350,000, and lending is secured against the asset being financed. Beyond this, detailed underwriting criteria, such as minimum trading history, turnover thresholds or credit requirements, are not set out publicly and would need to be confirmed directly.
Applications are made through channels indicated on the provider's own site, davenhamassetfinance.co.uk. The provider states it does not carry out FCA-regulated business, so businesses should not assume the regulatory protections that apply to some other lending are automatically in place here. Anyone considering an application should treat the published criteria as a starting point, not a guarantee of approval, and should request full written terms before proceeding.
Advantages to weigh up
- Offers both asset purchase and refinance of existing owned assets, giving some flexibility in how funding is used.
- Provides a choice between finance lease and hire purchase structures, which suit different ownership preferences.
- Advances span a defined range (£15,000–£350,000), giving a published guide to the scale of funding available.
Limitations to understand
- The provider states it does not conduct FCA-regulated business, which businesses should factor into their decision-making.
- Specific rates, deposit levels, guarantee requirements and settlement terms are not published and require a direct written quote.
- Lending is secured against the financed asset, meaning non-payment carries a risk to that asset.
Look at the wider picture
Comparing the alternatives
Any asset finance decision should rest on comparing full written offers side by side, not headline figures alone. Two agreements quoting a similar monthly cost can differ significantly once deposit size, contract length, end-of-term ownership terms and early settlement charges are factored in.
It's also worth understanding which structure, finance lease or hire purchase, fits the business's plans for the asset, since the two carry different ownership outcomes. Reading more on asset finance and the types of asset finance available can help frame the right questions before requesting a quote, alongside the broader asset finance overview and an asset finance application checklist covering what UK lenders typically ask for.
Product features checked against each provider’s UK website. These are comparison pointers, not a price ranking or a promise of eligibility.
Your Davenham Asset Finance questions, answered
Costs, eligibility and the details to check before applying.
How we put this guide together
This is a review of published UK product information, not a customer experience or a hands-on test. We have not assigned a star rating. This guide focuses on Davenham Asset Finance — asset finance. Other products may have different terms.
Sources checked 19 September 2026. Your written offer determines your actual costs and conditions.
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