Unlock cash for your company using your existing assets.
If your business owns assets such as plant, machinery, vehicles, construction equipment, manufacturing and engineering equipment or property, you can access a cash lump sum using the value of these assets. If you partially own an asset, the lender will assess your share in the item before working out how much to offer you upfront.
In cases where the item was acquired under a hire purchase agreement, your new lender will pay off the company that provided you with the original contract and technically become your new lessor, until you are in a position to take ownership of the goods by completing the payment plan.
This sale & HP back or sale & leaseback approach is often the ideal option for organisations that are asset-rich but cash-poor. It allows these businesses to raise funds that can be put towards new equipment or other significant purchases, without putting the firm in financial jeopardy.
Asset refinance can also help you:
Enter your details in minutes to get the process underway.
We will deal with the chosen lender throughout the process to get the deal over the line.
We will find you the finance you need to succeed...
Our brokers will usually need the following information in order to make an asset refinance application on your behalf: