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      Tailor-made corporate
      Asset Refinance


      Our products are for UK businesses who need support financing
      equipment, machinery, or vehicles without having to pay the full
      price upfront.

      Refinance allows you release funds from owned or
      financed equipment to support cash flow, new
      equipment, or wider business needs.


      Why choose Close Brothers Asset Finance?

      Various options

      We offer a range of flexible funding options that enable you to purchase assets and grow your business. Our options include Hire Purchase, Refinance, Finance Lease and Operating Lease.

      Finance experts

      With almost 40 years' experience in Asset Finance and having won multiple awards, our dedicated experts have extensive knowledge and experience to confidently support you and your business.

      A range of assets

      We provide funding solutions for businesses across a wide range of sectors, including print, 3D printing, manufacturing, construction, agriculture, aviation, marine, engineering, fairgrounds, renewable energy, taxi services, vehicles, woodworking, and many more.

      Tailored finance

      Agreements are customised and tailored to meet your specific demands, meaning you can make larger repayments when your income is strong and smaller repayments during quieter times.




      How does Refinance work?



      Refinance uses the value of assets you already own to help your business.

      With sale and HP Back refinancing, you sell your equipment to us

      and we provide funding that can be used for business investment.


      You pay us back in line with what the equipment earns for you. Once you’re done

      paying us back, you own the equipment again.


      This works whether you own the equipment outright or are already financing it with

      someone else. 






       

      94%
      of customers are happy with our service*
      9/10
      customers would recommend us to a friend*
      97%
      of customers say we are easy to deal with*

      *All figures are from the Close Brothers Asset Finance customer experience surveys conducted throughout 2025

      Do you still have questions?



      Benefits of Refinance


      Asset Refinance provides an efficient way to unlock the value of your existing assets. It allows you to continue using the asset in your daily operations while accessing the capital tied up in it helping you manage cash flow, invest in growth, or handle unexpected costs.

      We can Refinance your current agreement with another provider, giving you longer repayment terms and fixed monthly costs. This means better control over your budget and no hidden surprises, just predictable payments that work for your business.

      Whether you need a cash injection to boost working capital, purchase new equipment, or invest in other areas of your business, our refinancing solutions give you the freedom to choose. It’s a more adaptable alternative to traditional loans or finance options.

      Accessing funds through Asset Refinance can help you act quickly when opportunities arise. From hiring new staff and upgrading technology to expanding your premises, having capital on hand means you can make confident decisions without delay.

      • Get more cash easily

        Asset Refinance provides an efficient way to unlock the value of your existing assets. It allows you to continue using the asset in your daily operations while accessing the capital tied up in it helping you manage cash flow, invest in growth, or handle unexpected costs.

      • Spread the cost over time

        We can Refinance your current agreement with another provider, giving you longer repayment terms and fixed monthly costs. This means better control over your budget and no hidden surprises, just predictable payments that work for your business.

      • Choose what's best for you

        Whether you need a cash injection to boost working capital, purchase new equipment, or invest in other areas of your business, our refinancing solutions give you the freedom to choose. It’s a more adaptable alternative to traditional loans or finance options.

      • Move faster on business decisions

        Accessing funds through Asset Refinance can help you act quickly when opportunities arise. From hiring new staff and upgrading technology to expanding your premises, having capital on hand means you can make confident decisions without delay.

      What our clients say

      The service provided by Close Brothers Asset Finance was spot on. Efficient and easy to use with quick responses to any questions I had. I highly recommend the company.
      Brilliant service, no hassle and very helpful. Thank you for all the assistance.
      My account manager made this process very straightforward. I will be recommending you in the future; you have an efficient operation.
      My local representative always does his best to help me as much as possible. Nothing is too much trouble for him, and always tries to find a solution to any of my issues.
      Your service exceeds by far what we get from our corporate bank. We wish you could be a bank as well. Can’t fault your service and the schemes you offer which have answered our cash requirements and have facilitated our rapid expansion.

      Our step-by-step process

      Fill out our short online form

      To find out how we can support you and your business, please complete our online form. It only takes a few minutes.

      Speak with our finance experts

      Our dedicated industry specialists will contact you to discuss your needs and provide more information about our products and services.

      Meet your local manager

      We will pair you with a dedicated local account manager who will provide personalised support either in-person or via virtual meetings to suit your schedule.

      Receive a tailor-made finance plan

      Based on your conversations with your account manager, we will develop a flexible repayment plan that matches your payment schedule with your seasonal income.

      Find out how we can help
      your business

      Upcoming events and client success stories

      Supporting a three-generation family farm

      CASE STUDIES
      10 Mar 2026

      Supporting a young entrepreneur in Agricultural contracting

      CASE STUDIES
      11 Jun 2025

      Diversification opportunities for farmers

      BLOG
      01 Apr 2025

      Confidence dips among UK SMEs, but positivity in key sectors improves

      BUSINESS BAROMETER
      06 Feb 2025

      Tree surgery business uses Finance Lease to access essential equipment

      CASE STUDIES
      29 Aug 2024

      Business Sentiment Index – confidence among SMEs continues to edge up

      BUSINESS BAROMETER
      17 Jun 2024

      West Wales farm expands with the purchase of a wood pellet cooling unit

      CASE STUDIES
      11 Jun 2024

      Sentiment among Agriculture firms continues to improve

      BUSINESS BAROMETER
      10 Jun 2024

      Forestry company purchases a range of new equipment using Hire Purchase

      CASE STUDIES
      04 Jun 2024

      Meet the Expert: Mike Foyle, Regional Sales Manager

      BLOG
      02 May 2024

      Snow ploughs and blowers financed – Grant Ritchie Agricultural Services

      CASE STUDIES
      27 Feb 2024

      Meet the Expert: James Palmer

      BLOG
      07 Nov 2023


      Release equity from your business assets with Refinance


      Refinancing your business assets is a smart way to unlock capital and improve financial flexibility. Instead of being tied to high monthly repayments or outdated finance agreements, Asset Refinance allows you to restructure your existing commitments into more manageable terms.


      This can reduce costs, free up cash flow for day-to-day operations, and give you the breathing space to invest in growth opportunities.


      Whether you want to consolidate multiple agreements, lower your payments, or release equity from owned assets, refinancing puts you back in control, helping your business stay agile, competitive, and ready for the future.

      


      

      Want more information?

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      Asset Refinance