Refinancing is the process by which a client can use their existing assets to raise additional capital for a number of purposes, these assets can be unencumbered (free from finance). Alternatively, the assets could be subject to an existing finance agreement with a finance company but would have sufficient equity to allow a refinance.
By releasing capital tied up in fixed assets we can help improve cash flow and stability for a client. Funds can be used to recover from bad debt, improve cash flow, reduce bank overdrafts or to restructure existing agreements and release the equity. The injection of working capital can fund expansion of the business or to fund management buy ins/outs.
We can also arrange a refinance agreement to fund a large ‘balloon rental’ due or to become due on an existing agreement.
Whilst the list of Refinancing purposes in long, here are the popular ones -
There are many possibilities to save money and we are happy to discuss your needs, even if at the end of the conversation we establish you have the best deal currently out there !