Refinancing existing machinery and equipment may release cash for:
MBO or MBI
Cash flow
Deposit for a new machine
Restructuring Finances
Removing reliance on the bank
Phoenix Business
Most legal and ethical purposes considered
There are many finance companies offering such facilities for refinancing existing machinery from high street finance companies to small and privately owned finance houses. All have varying criteria in terms of amount of money advanced, deal structure, security required and interest rate. However our independent status will ensure that we negotiate the very best best deal for your business and specific needs.
Most tangible assets can be refinanced: Print machinery; Engineering equipment; Yellow plant/equipment; Commercial vehicles; Buses; Coaches; Packaging equipment.
Refinancing existing machinery can be considered if it is durable, identifiable (i.e. has a serial number) and moveable. Depending on circumstances of customer and individual deal, a percentage of the equipment value, up to a max 100% can be advanced by:
XL Business Finance, Eaton Place Business Centre, 114 Washway Road, Sale, Cheshire M33 7RF UK.
Manchester, Liverpool, Leeds, Preston, Sheffield, Stoke, Merseyside, Lancashire, Cheshire, Staffordshire