We show offers we can track - that's not every product on the market...yet. Unless we've said otherwise, products are in no particular order. The terms "best", "top", "cheap" (and variations of these) aren't ratings, though we always explain what's great about a product when we highlight it. This is subject to our terms of use. When you make major financial decisions, consider getting independent financial advice. Always consider your own circumstances when you compare products so you get what's right for you.
Hitachi business finance review
With more than 35 years of industry experience, Hitachi offers a variety of business financing options.
Last updated:
Founded over 100 years ago, Hitachi is a Japanese company with 11 different business components, including financial services. Its mantra is “Inspire the next”, and it was voted the UK’s Best Direct Loan Provider by Your Money for the past four years.
Hitachi offers several different types of finance to support your business. It’s straightforward to apply via Hitachi’s website.
Hitachi business finance options
Hitachi offers different types of financing for your business, including asset, invoice and franchise finance. Whether you’re starting a new business or looking for a boost to the next level, Hitachi offers funding of up to £500,000.
- Asset finance. If you’re a small or medium-sized enterprise (SME), asset finance can help you spread the cost of business purchases, such as manufacturing equipment or software.
- Invoice finance. When you invoice a customer, Hitachi will be able to pay you a chunk of the money straight away, with the rest of the money being paid to you when the customer pays. This means you won’t be left out of pocket when you are waiting for a customer to pay, although you will have to pay a small charge.
- Franchise finance. This funding option from Hitachi allows you to spread the cost of either starting or expanding your franchise.
How does Hitachi compare to other asset finance providers?
Updated April 9th, 2020
Compare invoice finance from lenders like Hitachi
Updated April 9th, 2020
How can I apply?
Hitachi offers a quick online application form, and says it will give you a decision in minutes.
If you want to apply, simply visit the website and fill in the online application form. You will need to provide both your personal and business details, and more information might be required before a decision.
When applying, it is helpful for you to have the following information close by:
- Business name and address registration number
- 3 sets of accounts filed at Companies House
- Director guarantees
Read more on this topic
-
Loans for small businesses affected by coronavirus Learn about government support and alternative options for businesses needing finance to help deal with the impact of coronavirus.
-
Tax implications of business loans Find out if a business loan is considered income and what you can claim as a tax deduction when taking out a loan.
-
Business loan statistics Businesses all over the UK face financial instability daily, which often requires outside funding. We have looked into how the state of borrowing for these businesses differs between the industry, over the years, and for the size of the business.
-
PayPal Working Capital review Fund your business through a merchant cash advance from PayPal Working Capital. We talk you through how it works, how much it costs and how to apply for it.
-
Compare ArchOver business loans ArchOver connects established UK businesses in need of finance with investors seeking an attractive return on their money.
-
Catalyst Finance business loans and invoice financing Catalyst Finance helps SMEs across a range of industries utilise the assets they already have to help grow their business.
-
The Co-operative Bank business loans The Co-operative Bank offers variable-rate business loans to existing business current account holders.
-
Credit4 business loans Credit4 offers flexible finance to growing SMEs, including a fixed-term loan product that comes with a flexible credit facility bolted on.
-
Merchant Money business finance Merchant Money provides fixed-term small business loans and merchant cash advances.
-
Growth Street business credit facility Growth Street offers a revolving credit facility to SMEs of £25,000 to £2 million. Find out how other lenders compare.