
Looking to release cash tied up in existing machinery or equipment should consider making use of Asset Refinance. It can be used to restructure existing finance agreements, bring monthly payments down or extend the repayment term.
Here’s a business we helped recently by organising Asset Refinance:
Request: A food processing company wanted to raise cash to support their business plans, moving from being primarily reliant on one product line and diversifying into supplying regional retailers with their own-brand products.
Issues: There was a related, recently failed business in the background and the majority of the assets were smaller, with only a few larger value items.
Solution: We had the assets professionally valued, met with management and by understanding the potential of the new business strategy provided a £150,000 100% Loan-to-Value Asset Refinance facilitate to help this ambitious business grow.