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Refinance
Refinancing of assets can be used for many reasons such as to reduce monthly repayments on outgoing finance agreements, release cash for business expansion to name a few.
Lenders will obtain valuations of the assets and can look to release cash against the outstanding equity on the assets.
What are the Benefits of Refinancing?
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Usually cheaper than a traditional business loan due to being asset backed & providing more security.
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Can help reduce monthly repayments to ease cashflow.
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Free up cash to further expand or grow your business.
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Consolidate monthly repayments into 1 repayment amount.
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