Equipment Refinance  

Equipment refinance is a quick way to access cash by taking “equity” held in your existing equipment or machinery. The funds can then be utilized elsewhere in your business or simple aid cashflow. 

Benefits:

  • Tax Efficient 
  • Fixed Payments
  • Easy Budgeting 
  • 1-5 Year Terms
  • Borrow from £10k – £5m

What Can Be Refinanced?

In a nutshell, anything. But critically lenders place equipment into two different categories – Hard Asset and Soft Asset. Hard assets can be refinanced at slightly cheaper rates than soft assets, mainly given that hard assets have a much higher resale value and soft assets do not. Which of course in the event of default is important to a lender. For soft asset refinance, the equipment must have been purchase inside the preceding 12 Months and copies of purchase invoices will be required to evidence this. 

Hard Asset Examples: 

  • Commercial Vehicles 
  • Manufacturing Equipment
  • Engineering Equipment 
  • Heavy Construction and Plant 
  • Agricultural Plant and Machinery   

Soft Asset Examples: 

  • Audio Visual Equipment 
  • Shopfitting 
  • Beauty Equipment 
  • Dental Equipment 
  • Gym Equipment 
  • Laundry Equipment 
  • Waste Disposal Equipment  
  • Furniture
  • Catering & Kitchen Equipment

The Process: 

  • Apply Online Here
  • Submit any Financial Info Requested inc Equipment Purchase Invoices 
  • Get Approved
  • Get Funds! 
null

Quick Online Application

Takes 2 mins!
null

We'll Find The Right Lender

A human, not a robot.
null

Get The Funds

Could be same day.
Cashflow Loans icon

Whatever your business need, the right kind of flexible finance is available to you. We’ll carry out a needs assessment based on your requirements and circumstances and advise on the loan products we can offer you. Our team are experienced, helpful, friendly- and they don’t speak in jargon!

Get in touch for a no-obligation chat today and secure the business finance that you need.