In April 2021, PEAC Finance announced that HPS Investment Partners LLC had acquired Barclays Asset Finance. The business began trading as PEAC Business Finance in July 2021 and was combined with PEAC Finance.

The PEAC Business Finance team deliver tailored asset finance solutions by working in partnership with you to understand your business model and individual requirements.

Our Relationship Directors across the UK will apply their industry leading product knowledge and expertise to propose a suitable solution from our available product set which you can read more about below.

Working with PEAC Business Finance you can expect to experience our values of integrity, professionalism, and excellence throughout your engagements with the team. To find out more about how we deliver, please contact your Relationship Director or email us.


  • The cost of the asset is spread across its economic life
  • It can reduce the total cost of ownership
  • Diversifies funding sources
  • Consider accounting and tax treatment of products*
  • Specialist asset knowledge can drive improved terms and speed of execution
  • Asset risk transfer

*PEAC Business Finance does not give tax, legal, regulatory, or accounting advice and you should seek your own independent advice before entering into a transaction. The accounting treatment of a particular product is a matter for agreement between you and your auditors.


PEAC Business Finance offer direct business customers the below product suite. If you would like to find out more, please email us.

  • Access to all the equipment you need, without the ties that come with ownership.
  • At the end of the lease period, legal title transfers to Lessee on payment of a nominal option to purchase
  • Balloon structure can be incorporated to reflect the likely future value of the asset
  • Payments can be matched to the revenues generated by the asset

  • Access to all the equipment you need, without the ties that come with ownership.
  • At the end of the lease period, lessee can dispose of the asset as Lessor’s agent or continue to lease on payment of nominal annual lease rentals (peppercorn rentals)

  • Allows the use of the asset without the need to purchase and at the end of the lease, the asset can be returned (subject to meeting return conditions), or re-leased for a further period.
  • The asset cost is repaid down to a residual value (the future predicted asset value at the end of the lease term
  • Payments can be matched to the revenues generated by the asset

  • PEAC Business Finance work in partnership with a leading UK Contract Hire company to provide flexible, innovative, and intelligent fleet solutions to our clients
  • Vehicles are provided for an agreed term and mileage with a fixed monthly rental
  • Market-leading in Salary Sacrifice which allows employees to take a brand new car deducted from gross salary

  • Asset Finance where the client is then leasing the asset on to their own customer base
  • Ancillary services such as vehicle procurement, servicing and maintenance are provided by the client
  • Assets: Cars, LCVs, HGVs and Trailers

  • The client borrows funds from PEAC Business Finance to purchase moveable property (“Chattel”) or a Chattel Mortgage can offer an alternative solution for clients looking to refinance equipment they already own
  • PEAC Business Finance secures the loan by taking a charge (Mortgage) on the Chattel. The charge is registered at Companies House
  • Legal ownership of the Chattel remains with the client at all times
  • On satisfaction of the Loan, PEAC Business Finance will release its security over the Chattel
  • A Chattel Mortgage is treated as a loan and therefore does not attract VAT up front on the rentals or on fees
  • Suited to clients who are looking for ownership to remain with them


PEAC Business Finance specialise in funding for hard assets and pieces of equipment which have a clear resale value and are income earning for the user. Our preferred asset categories are below but if there is another asset you would like more information about, please get in touch with your Relationship Director.

  • Cars
  • Coach & Bus
  • Construction Equipment
  • Cranes
  • Heavy Commercial Vehicles
  • IT & Telecoms
  • Light Commercial Vehicles
  • Machine Tools
  • Materials Handling
  • Plant and Machinery
  • Printing Equipment
  • Tractors & Combine Harvesters
  • Trailers


We have experienced colleagues covering the UK who can be reached by email.

We have experienced colleagues covering the UK

For the latest from the PEAC Business Finance team