Refinance is the perfect way to raise capital by releasing equity against your business assets. This includes assets like vehicles, machinery, equipment and more!
There are three key facilities used to raise capital out of an asset. Refinance, Sale & HP Back and Sale & Leaseback. All of which can allow a business to unlock capital tied up in assets while retaining use of the asset.
So if you have an asset, i.e. any Vehicles, Machinery or even recently completed a refurbishment of a property, one of these options could be perfect to release capital from them.
A restaurant recently completed a renovation project worth £100,000 but needs capital to purchase stock and complete the project due to unforeseen costs. The company uses Sale & Leaseback to release the equity from the building works such as flooring, lighting & catering equipment and are now paying £2,000 per month over five years. After the final payment, the company has the option to pay a small fee to take full ownership of the machinery again.
Tangible & Intangible Equipment:
Financing intangible assets like preliminaries, flooring, lighting, and other fixtures is possible through several specialised financing options. These assets, while not movable or resalable like machinery or vehicles, are essential to a business’s operations and can be financed in the same way as a tangible asset could be!
So, whether you are simply purchasing a vehicle, or completing a fit-out for a new restaurant, convenience store or hotel, we can facilitate a Sale & HP/Leaseback to release equity out of the project!
A quick eligibility check without impacting your credit score.
One of our dedicated finance specialists will contact you to go through next steps and prepare your application for you.
Once approved, we send the finance documents to you for completion!
Once completed, the agreement is activated and the funds released!