When we think of the benefits of asset finance, we know that obtaining finance to buy new vehicles, machinery or equipment leaves you more money in your business and more control over cash flow.
However, another option for generating cash is asset refinance. This allows a business to raise cash against assets they already own unencumbered. As with asset finance, manageable monthly payments are agreed over a fixed term. Refinance is available against all wheeled and tracked assets.
An important point to note is that refinance is only available on assets that you or your company own outright i.e. Assets that are not currently financed.
If you would like to discuss how this product may help you or your business then please give us a call on 01603 703180.