Asset refinance
Plant Hire company needs cash flow
Cash flow problems in plant hire? See how one UK company found a finance solution to boost working capital. Case study via Nexgen Business Finance
Read the full story →Asset refinance unlock cash from what you own
Release the equity tied up in your machinery, vehicles and equipment without selling them. Raise £50,000 to £10 million over 1 to 8 years and keep using your assets every day.
- £50k to £10m
- Terms from 1 to 8 years
- Keep using your assets
- Consolidate existing finance
Nexgen Business Finance Limited is a credit broker, not a lender, and an Appointed Representative of AFS Compliance Limited, authorised and regulated by the Financial Conduct Authority (FRN 625035).
Asset refinance UK
What is asset refinance?
Asset refinance lets your business borrow against equipment, vehicles or machinery it already owns, or is near the end of financing. A lender values the assets, advances a percentage of that value as a lump sum, and you repay over 1 to 8 years while carrying on using them.
It is often a cheaper, more flexible alternative to an unsecured loan if your balance sheet holds high-value assets. Businesses use it to boost cash flow, fund new opportunities, consolidate several finance agreements into one, or reduce monthly payments.
We'll help you work out how much equity sits in your assets and find the lender offering the best loan-to-value and rate for your situation.
Key features
£50,000 to £10 million
Suitable for businesses of any size with valuable assets.
1 to 8 year terms
A repayment timeline that keeps your budget on track.
Wide asset variety
Machinery, vehicles, equipment and specialist plant.
Competitive rates
Often cheaper than unsecured borrowing.
Fast release of funds
Respond quickly to pressing needs or opportunities.
No downtime
Keep using your assets throughout.
Better cash flow
Redistribute capital to where your business needs it.
Seasonal options
Repayments can follow your seasonal revenue.
Assets that can be refinanced
- HGVs, vans & trailers
- Excavators & cranes
- Manufacturing machinery
- Agricultural equipment
- Print machinery
- Specialist plant
Asset refinance vs unsecured loan
| Asset refinance | Unsecured loan | |
|---|---|---|
| Security | Your existing assets | None (personal guarantee usual) |
| Typical amount | £50k – £10m | £5k – £500k |
| Rates | Often lower | Usually higher |
| Valuation needed | Yes | No |
| Best for | Asset-rich businesses | Fast, smaller sums |
Case studies
Asset refinance client stories
Published stories relevant to this funding route.
Historical outcomes do not guarantee similar finance terms or results.
Asset refinance calculator
Estimate your monthly repayments
Move the slider for an instant estimate, then check your eligibility in about two minutes. A specialist will come back with real quotes from our lender panel.
- Borrow from £50,000
- Fixed monthly repayments
- Checking eligibility doesn't affect your credit score
Asset refinance estimate
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Illustrative only, not a quotation for finance. For UK incorporated businesses. Your rate depends on your circumstances.
How it works
How to get asset refinance
Tell us what you need
A two-minute enquiry or a quick call.
We search 100+ lenders
Matched to high-street, specialist and niche lenders.
Get a decision
Options and terms, often within hours.
Sign and get funded
E-sign and funds are released.
Ongoing support
Same account manager for future funding.
Client reviews
What our clients say
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FAQs
Asset refinance questions
What is asset refinance?
Asset refinance lets UK businesses secure a loan against assets they own outright, or are near the end of financing on, such as vehicles, machinery or equipment. It releases the equity in those assets as a lump sum of working capital.
How does asset refinance work?
A lender assesses the current market value of the assets, then offers a loan based on a percentage of that value (the loan-to-value). You receive the funds and repay with interest over an agreed term.
What are the benefits?
Quick access to working capital without selling essential assets, potentially lower monthly payments than existing finance, consolidating several agreements, or funding growth.
What assets can be refinanced?
Tangible assets with clear resale value, such as commercial vehicles, construction equipment, manufacturing and agricultural machinery, and print machinery.
Can I refinance assets that are still on finance?
Often yes. If you're near the end of an agreement, a new lender can settle the existing balance and release any remaining equity.
Explore
Other ways to fund your business
Not quite the right fit? We arrange every major type of business finance and can compare options side by side for you.
Unsecured business loans
£5k – £500k · 1 month – 7 yearsA lump sum for growth, cash flow, stock, hiring or marketing, with no asset security.
Find out moreAsset finance
£5k – £10m · 1 – 8 yearsSpread the cost of equipment, machinery and technology and keep cash in the business.
Find out moreVehicle finance
£10k – £1m · 1 – 6 yearsVans, trucks, cars and whole fleets on hire purchase or lease.
Find out moreInvoice finance
£5k – £10m · any industryRelease up to 90% of unpaid invoices, often within 24–48 hours.
Find out moreProperty finance
£50k – £50m · 1 – 30 yearsCommercial mortgages, bridging loans and development finance.
Find out moreGreen finance
£5k – £10m · longer terms availableFund solar, heat pumps, EV charging and energy-efficient kit.
Find out moreNot sure which is right for you? Tell us what you need and we'll recommend the best option.
Helpful guides
How does a business loan work?
A practical guide to how business loans work for small businesses.
Read the guideHow can I reduce my corporation tax?
How business asset finance can lower your corporation tax and fund growth.
Read the guideReclaim your cash flow with invoice finance
Turn unpaid invoices into fast, flexible working capital.
Read the guideHow solar financing benefits UK businesses
Cut energy costs and spread the cost of solar installation.
Read the guideReady to see what you could borrow?
Two minutes online, no obligation, and no effect on your credit score. A specialist will come back with real options from 100+ lenders.