Asset Refinance

Asset refinance is a powerful way of raising cash for a business in a short timescale, often within days. This makes asset refinance especially useful when a company is experiencing difficulty accessing other forms of finance which is proving to be the case during the last two ‘credit crunch’ years.

Some examples where asset refinancing has helped businesses are provided below:

A print production company was asset rich but was experiencing cash flow problems in the volatile business environment at the time. The broker helped the company use asset refinance to release hundreds of thousands of pounds of cash which made a huge difference to the working capital available to the business.

A transport business had won a new contract which meant that it needed additional vehicles. Asset refinance was used in the form of a sale and lease back agreement to refinance the existing fleet of coaches and release the cash required for the deposits on the additional vehicles.

An engineering business owned most of its existing assets but its existing bankers were not prepared to extend the existing funding to the business via additional loans or overdraft facilities. Asset refinance was used to release cash for the purchase of additional production machinery.  The decision to refinance plant and machinery proved to be a flexible solution for the business which maximised the value already present in the existing assets.

Our brokers are regularly asked to help businesses when they need to refinance existing assets.  Contact us for a quote when you need equipment funding.
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