Re-finance
Re-finance of existing vehicles and machinery :
For companies looking to inject cash into their business through releasing the equity tied up in existing machinery and vehicles.
Refinancing your existing vehicles or machinery allows you to unlock the monies you have tied up in these working assets. We can advance you a percentage of the assets current market value and this money can be used for working capital within your business to supplement overdraft or bank loan facilities.
Benefits of refinance
- Releases cash into your business to use as additional working capital
- The facility does not impact on existing bank facilities
- Rentals can be matched to cash flow
- Repayments are fixed for the period of the agreement
- Simple, clear documentation
By refinancing your machinery and vehicles, we can demonstrate how this will provide immediate cashflow benefits to help you grow your business.