Unlock the True Value of Your Business Assets
Imagine tapping into the hidden worth of your machinery, vehicles, equipment, or commercial property without having to sell them. That’s exactly what Asset Refinance—often referred to as Business Asset Refinance or Asset-Based Finance—allows you to do. By leveraging the equity in the assets you already own, you can secure a quick cash boost for your company while still keeping and using those assets. This can be especially helpful if your balance sheet is packed with high-value items and you’re looking for a cheaper, more flexible alternative to a standard business loan.
Our team at NexGen Business Finance will work with you to pinpoint how much equity lies dormant in your assets and offer financing that fits your specific needs. Whether you want to improve cash flow, pursue new business opportunities, or simply bolster day-to-day operations, refinancing your business assets can be a smart and straightforward way to free up capital.
Loan Features
Funding Amounts:
Secure amounts ranging from £50,000 up to £10 million, accommodating businesses of any size.
Custom Repayment Terms:
Choose a timeline between 1 and 8 years to keep your budget in check.
Wide Asset Variety:
Ideal for machinery refinance, vehicle refinance, equipment refinance, or commercial property refinance.
Low or No Deposit:
Start off with minimal to zero upfront costs, preserving your working capital.
Competitive Rates:
Count on us to shop for competitive interest rates in your industry.
Speedy Disbursement:
Access your funds fast so you can respond to pressing needs or seize new opportunities.
Tax Advantages:
In some cases, repayments may help lower your tax burden.
Better Cash Flow Management:
Release equity from assets and redistribute it where your business needs it most.
Uninterrupted Operations:
Keep using your assets as you finance them—no downtime required.
Seasonal Payment Options:
Tailor repayment schedules to fit seasonal fluctuations in your revenue stream.
Quick Eligibility Check
Does your business meet these basic criteria? (Full eligibility assessed upon application)
*This checklist is indicative only. Please contact us for a full assessment.
Loan Features
Immediate Funding:
Use it for urgent expenses or exciting expansion plans.
Retain Ownership:
You remain in full control of your assets as you repay.
Budget-Friendly Approach:
By spreading payments over time, you avoid hefty upfront expenses while still benefiting from modern, energy-efficient machinery.
Boost Liquidity:
Free up capital locked away in assets for routine costs or ambitious projects.
Flexible Repayment:
Adjust timelines and structures based on your company’s financial situation.
Tax-Friendly:
In many cases, you can offset repayments against taxable profits.
Grow Without Compromise with Business Asset Finance
If you have valuable assets—whether fully owned or financed—that you’d like to leverage for additional capital, then asset refinance is well worth considering. Depending on the circumstances, you may even be eligible to borrow more than the asset’s current value, giving your business that extra financial muscle. From managing cash flow and consolidating debt to investing in growth, refinancing your assets is a practical way to unlock asset value without disrupting operations.
Frequently Asked Questions
A: Asset refinance allows UK businesses to secure a loan against the value of assets they already own outright or are nearing the end of a finance agreement on (like vehicles, machinery, or equipment). This process effectively releases the equity tied up in those assets, providing the business with a lump sum of working capital.
A: A lender first assesses the current market value of the asset(s) you wish to refinance. Based on this valuation and your business's circumstances, they offer a loan amount (typically a percentage of the asset's value, known as Loan-to-Value or LTV), secured against that asset. You receive the funds and then repay the loan plus interest over an agreed term.
A: Key benefits include quickly accessing working capital without selling essential assets, potentially lowering monthly payments compared to existing finance, consolidating multiple finance agreements, or funding growth opportunities like expansion, purchasing stock, or covering operational costs.
A: A wide variety of tangible business assets with clear resale value can often be refinanced. Common examples include commercial vehicles (trucks, vans, trailers), construction equipment (excavators, cranes), manufacturing machinery, agricultural equipment, print machinery, and sometimes IT hardware, depending on the lender's criteria and the asset's age and condition.
Ready to take the next step ?
Connect with our team at NexGen Business Finance. We’ll help you pinpoint the equity hiding in your balance sheet, figure out a suitable structure for your refinance deal, and get your business moving toward its goals.