Our expert team are on hand to discuss your refinancing needs and take you through the different options.
If you’re looking to get your hands on some additional cash relatively quickly, asset refinancing is a great option. Through a speedy and simple financial agreement, you not only get extra money for your cash flow, but you also get to continue using the assets you refinance.
The fact that asset refinance is such a quick solution also means using it gives you the freedom to make business decisions faster – whether it’s about key partnerships, growing your workforce, or buying the latest industry tech.
Compared to other finance options, asset refinancing offers greater flexibility when it comes to how you spend the funds gained from the agreement. Plus, if you have existing financial agreements and you choose to refinance, you’re benefiting from a whole new repayment term with monthly instalments that fit your current business needs.
Asset refinancing is designed to produce an injection of cash that can be used to fund a variety of activities by using certain existing holdings as collateral.
With the aid of our flexible payment options, you can use asset refinancing to fund a particular project, invest in new business equipment (including using the money for assets you can’t get on finance), or even acquire another company with the funds you’ve freed up.
We work with our intermediary partners to help SMEs access our range of asset finance products. If you're an Aldermore customer, please speak to your existing asset finance intermediary.
If you don't have an asset finance intermediary, request a call from one of our experts.
We can provide asset refinancing support for numerous reasons, including:
Whether you’re looking to take on more people in your team or invest in the latest equipment for improved efficiency, with asset refinancing, you can free up capital to pursue business growth.
Juggling multiple business loans spread across various lenders? An asset refinance enables you to streamline your repayment process by consolidating all your credit arrangements into one simple finance agreement.
Regardless of your business size or industry, every company might occasionally face temporary cash flow issues for whatever reason. If you need an injection of funds but don’t want to take money away from other parts of the business and disrupt operations, asset refinancing is a great alternative.
Our team of experts have in-depth knowledge across various industries, such as manufacturing, construction, and transportation, so they can create customised asset refinance packages tailored to your sector-specific needs.
Broadly speaking, you can refinance the majority of your business assets. This includes the likes of:
There are also various specialised assets from across the marine, aviation, and medical industries, for example, which are suitable for asset refinancing. Renewable energy equipment would also be a viable choice.
If your business operates with a large inventory of raw materials or retail goods, you might even consider setting up an asset refinance agreement with those as collateral. In special cases, asset refinancing can even extend to intellectual property, such as licensing, patents, or trademarks.
From sole traders and start-ups to SMEs, businesses of any size (and industry) can take advantage of asset refinancing. It’s a suitable financial solution for anyone seeking flexibility in freeing up funds from existing assets to boost other aspects of their enterprise.
You might fully own the equipment or be leasing it through another provider – in either case, asset refinance will unlock the cash you’ve invested so you can put it towards your most pressing needs or goals
We offer a range of flexible finance options where you can make regular repayments over an agreed period to suit your needs.
Discover our full asset finance range to see if there is something more suitable for you.
An asset refinance frees up funds you have tied into existing assets, including business equipment, machinery, or vehicles, by putting these holdings down as collateral against a new finance contract.
Our asset refinancing services cover a wide range of business assets, from high-value equipment and commercial vehicles to plant machinery and other specialist tools.
We’ve tailored our financial agreement processes in a way that puts the cash in your hands as soon as possible – sometimes just days after you applied.
When comparing unsecured loans with an asset refinance, you stand to gain more flexibility by using your existing business holdings as collateral while also benefitting from lower interest rates in some cases.
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We're proud to have been recognised for a number of industry awards:
T&Cs will apply, subject to status and affordability. Any asset used as security may be at risk if you do not repay any debt secured on it.