Asset Refinance
Allows businesses to release capital that is tied up in existing assets, providing fast access to cash.
What is Refinance?
Asset refinance is a way to raise working capital by using the assets your business already owns and unlocking the value in them (whilst still being able to use them), for example, to fund a deposit on new equipment or ease cash flow.
The process entails us finding a funder who will purchase the assets and finance them back to you. A valuation is acquired and most funders will finance around 80% of the equitable value of your kit. Repayments are made over an agreed period and at the end of the refinancing term, title of the assets returns to you.