Asset refinancing solutions

When you need a cash injection

Refinancing for fast release of funds

Refinancing is a quick way to access the value of assets on your existing balance sheet and redeploy that value elsewhere within your business – for example, to fund a deposit on new equipment or unlock some working capital to ease cash flow.

Sale and HP Back is a form of refinance that can be used against most types of equipment, making it suitable for companies of all sizes, including sole traders. It works by us purchasing the asset and financing it back to you. Repayments are calculated in line with the income stream that will be generated by the asset and at the end of the refinance term, you own the asset.

This option applies whether you already own the asset or are using it under a finance deal with another provider.

 

Benefits of Refinancing

  • Efficiency - Uninterrupted use of the asset
  • Spread the cost further - We can take over the finance agreement you have with another provider and extend the term
  • Choice - Give your business a cash injection or use the money to buy other assets that may not be accessible through hire purchase or leasing agreements

Sector specialists

Our asset finance managers’ in-depth knowledge of their industry sector ensures they see the big picture. This means that if you’re seeking asset finance to support new product development or diversification, they will be able to you help you explore your vision within the context of the wider market.

The individual customer is at the heart of what we do, but our lending decisions are underpinned by our sector expertise, which covers: 

To find out how we can help, please contact us today.