FLEXIBLE FUNDING AGAINST YOUR ASSETS

Short term asset refinance allows businesses to release cash against hidden value of plant, machinery, equipment and vehicles on a flexible and short term basis.

It is available with up to 12 month interest only and funding is offered from £20,000 – £250,000 in value. Funding is available for up to five years.

Businessses have the option to repay capital in first 12 months with no additional penalty subject to minimum of 3 months interest and a months’ notice.

There is also an option to convert to capital and interest with no additional fees or paperwork involved.

Short term asset refinance is generally suitable for businesses using industrial plant and machinery, including printing, engineering, yellow plant, buses, coaches, commercial vehicles and trailers. It is however not suitable for IT equipment, soft and intangible assets.

Cash received can be used for any purpose, and can indded be used to reduce existing monthly HP or lease payments.

Assets do not need to be free of finance.

This type of refinance is suitable for limited companies, sole traders and partnerships.

Suitable for established businesses, new starts, distressed and established businesses going through a form of insolvency.

For further information on all aspects of this type of finance, please contact us today for a no obligation chat.