Can I refinance equipment I already own?

Owning your equipment outright means you may be sitting on cash you can put back to work. Asset refinance lends against the value of assets you already own, releasing a lump sum while you carry on using them exactly as before.

It is a practical option when:

• You want to free up working capital without a bank overdraft or unsecured loan.
• You need to fund growth, an acquisition or a large order, and would rather use the value of what you own than take on riskier debt.
• Your cash is tied up in kit rather than in your ledger, so invoice finance is not the fit.

How much you can raise depends on the type, age and current value of the assets, and the lender’s view of them. Well-maintained, in-demand equipment supports more than older or specialist kit.

We have arranged asset refinance in a range of situations, including releasing cash from unencumbered assets to fund an acquisition at short notice. If you own equipment and need liquidity, it is worth a quick look at what the assets could raise before you consider more expensive routes.