Sometimes referred to as sale & leaseback, refinancing is a facility to release the equity in wholly or partly unencumbered assets, allowing an instant capital injection to your business.
This is suitable for commercial vehicles, engineering machinery, construction equipment, buses, coaches and miscellaneous plant.
- Assists cash flow by injecting capital into the business
- Can reduce monthly payments
- You have continued use of the asset being refinanced
- The capital raised allows for the purchase of other business assets not normally considered suitable for standard hire purchase or leasing agreements