Helping businesses
with refinancing
their equipment
Equipment Re-Finance
Asset Refinance enables your business to raise cash secured against the equipment it already owns (or which is currently on finance but has suitable equity available).
Asset Refinance is a popular way to improve working capital, using equipment the business already has. Funds can be released quickly and, with fixed monthly repayments over a longer term than many unsecured loans, cash flow is protected.
What information do we need?
Accounts
The borrower’s latest accounts, including any in-year management accounts.
Bank Statements
The borrower’s last six months bank statements.
Equipment Details
Full details of the equipment that is owned (or currently on finance) that is to be used as security.
The Story
What is the money going to be used for, and what is the story behind the numbers?
Directors’ Details
Information required under ‘Know Your Customer’ regulations for both Directors and larger Shareholders.
Forecasts
An integrated forecast for the 12 months post-acquisition.
Case Studies
Raising working capital funds
When a drainage inspection business needed to increase working capital from a a collection of smaller, specialist equipment, we were able to help.
VAT bill funding
When a commercial laundry needed funding to pay a VAT bill because they’d used their cash to purchase new stock, asset refinance was the obvious solution.
Releasing cash for invoicing finance
When an existing customer wanted to raise funds to help pay off an invoice finance facility, asset refinance was the answer.
Apply for Refinancing today
We’re here to help
Welcome to Genesis Asset Finance in association with the British Business Bank.
We’re pleased to support you on your access to finance journey – designed to help your business explore potential suitable finance options.
You’ve been directed here by the British Business Bank Finance Tool because we may be able to support your business with relevant finance solutions. This page introduces our services and outlines your next steps.
We are Genesis Asset Finance, and we support businesses in England and Wales offering Hire Purchase or Lease facilities for limited companies acquiring vehicles, plant and machinery or other ‘traditional’ equipment.
If you’d like to explore further, you can learn more about our products and services by using the navigation bar above.
We also offer a range of educational tools and resources to help you make informed financial decisions.
Disclaimer: The British Business Bank’s guidance pages are intended to provide general information only. You should always seek independent professional advice before making any financial decisions.