{"type":"document","data":{"id":"460f58e6-2d5c-48e0-ab41-67d990a2e676","localeString":"en-GB","publishDate":"2026-03-11T10:11:34.597+01:00","contentType":"onecms:productPage","hasMacro":false,"flexPageMetadata":{"afmBanner":false,"robotInstruction":{"noIndex":false,"noFollow":false},"description":"What is the difference between a business loan and asset finance? And which product fits best?"},"mainHeaderZone":{"componentType":"productHeader","coreHeader":{"body":"Asset finance and a business loan are two financing solutions that give your company room to grow. Of course, there are differences. Which product best suits your situation depends on various things, but in many cases asset finance has many advantages.","headerImage":{"transformBaseUrl":"https://assets.ing.com/transform/305f89bd-6b81-4cb9-8aa2-fa575fafd93e/Two-boys-holding-their-heads-in-front-of-a-jar-filled-water-distorting-their-faces","type":"image","width":6000,"altTextEN":"\"\"","altTextNL":"\"\"","altTextFR":"\"\"","altTextDE":"\"\"","original":"https://assets.ing.com/m/ca8b05085d0d081/original/Two-boys-holding-their-heads-in-front-of-a-jar-filled-water-distorting-their-faces.jpg","extension":"jpg"},"title":"Why asset finance is often cheaper than a business loan"},"backLink":{"textLink":{"url":"/en/business/loans-and-finance","text":"Business loans and asset finance"}}},"flexZone":{"flexComponents":[{"componentType":"sectionTitle","title":"Most suitable solution - asset finance"},{"componentType":"productFeatures","highlighted":false,"items":[{"title":"Preservation of working capital"},{"title":"Tax benefit"},{"title":"Up to 100% of the purchase value"}]},{"componentType":"paragraph","richBody":{"value":"<p>If you want to purchase a new or used car, van or machine, in many cases asset finance is the most suitable and most affordable financing solution.</p><p>Lower interest rates, financing up to 100% of the purchase value and depreciation on the asset appears on the balance sheet. This means you can write it off and if subsidies are available, you can simply apply for them. If you purchase a &apos;green&apos; asset, you will receive an interest discount and a longer term. This can reduce your monthly costs up to 15%!</p><p>With asset finance. you immediately become the economic owner of the asset. So after the end of the contract you are also the legal owner.</p><p>The differences in product features:</p><table><thead><tr><th>Asset finance</th><th>Business Loan </th></tr></thead><tbody><tr><td>Fixed monthly amount, maintenance of your working capital</td><td><p>Monthly repayment and interest</p></td></tr><tr><td><p>Up to 15% lower monthly payment on a sustainable asset</p></td><td><p>&lt;10% penalty-free repayment</p></td></tr><tr><td><p>Direct economic ownership </p></td><td>Direct ownership</td></tr><tr><td><p>Flexible running term</p></td><td>Fixed term</td></tr><tr><td><p>Up to 100% of the purchase value</p></td><td> </td></tr><tr><td><p>Tax benefits</p></td><td> </td></tr><tr><td> </td><td> </td></tr><tr><td><a data-type=\"external\" href=\"/banking/instant-lease?EW=true\">Start your lease application</a> (ING customer)</td><td><a data-type=\"internal\" href=\"/en/business/loans-and-finance/orientation\">Start your loan application</a> (ING customer)</td></tr><tr><td> </td><td> </td></tr></tbody></table><p> </p>"}},{"componentType":"cta","microCopy":"Start your personalized calculation","textLink":{"url":"/zakelijk/financieren/berekening","text":"Not a customer?"}}]}}}