Organising retrospective asset finance
Ever wished you had funded your cap expenditure requirements instead of paying cash. Did you know it is possible to organise retrospective hire purchase and finance lease deals within 3 months of purchase?
So many businesses come to us asking for additional working capital following cash purchases of plant and machinery. In today’s economic climate trading conditions can rapidly change and it makes prudent business sense to fund as much as possible. Cash is King as they say. Funding is available at decent rates, subject to credit of course and providing you meet the funders lending criteria. If the purchase is more than 3 months ago don’t worry, finance may still be available but it is a different type of funding. Asset refinance is provided by a number of specialist asset based lenders and it is an area that XL Business Finance has many years experience.
Tags: asset refinance, hire purchase, leasing