A refinance agreement is an effective way to unlock additional cash for your business by leveraging existing assets.
These assets don’t need to be fully paid off or free of debt to qualify for refinancing. In fact, a refinance deal can work in two ways: first, it can function similarly to a loan, allowing you to release cash from your current assets. Second, it can help restructure your existing financial commitments by consolidating them into one manageable monthly payment, potentially lowering your overall monthly costs.
Refinancing can be arranged through either a Hire Purchase or Finance Lease agreement and applied to a wide range of construction equipment. It is a flexible option suitable for businesses of all sizes, including sole traders and limited companies
This flexibility makes refinancing an ideal option for businesses looking to free up capital or simplify their financial obligations
Potential to Lower your existing monthly cost
Cash release from assets (value subjective)
Any asset age considered
Sale & HP back available against recent invoiced equipment
GGS available - Low Interest rates with long term options.
With our extensive experience, we’re equipped to help you explore the best refinancing options for the equipment tied up in your business. We’ll keep you informed at every stage, working closely with you to identify the most effective solution that aligns with your unique needs and objectives
Padington Business Finance Ltd (FRN No: 1019920) are an appointed representative of Alpha Asset Finance Ltd who are authorised and regulated by the Financial Conduct Authority (FRN No : 804584). We are a credit broker and not a lender and work with a panel of lenders from whom we will typically be paid a commission for effecting the introduction. The amount we receive could vary by lender and may be a higher amount in relation to certain products compared with other products available. The payment received may also be higher dependent on the interest rate you are charged and this can also be affected by the term and product you receive. Typically commission received is a fixed fee or a percentage of the amount you borrow. We will not charge you a fee for our services. Registered address Derngate Mews, Derngate, Northampton, NN1 1UE. NACFB Membership number: M/0015/20. ICO number ZA446835.