Benefits of asset refinance
​Simplify repayments with a single structured facility.
Retain full use of the asset while it is on finance.
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Potentially lower your interest rate and monthly costs.
Improve cash flow without disrupting operations.
Use released funds for any business purpose.
Access capital without selling essential equipment.​
How asset refinance works
We arrange funding secured against assets your business already owns, or through a sale-and-lease-back or sale-and-hire-purchase-back structure.
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You receive a cash injection based on the value of your asset, and/or restructure your existing finance to reducing your monthly payments.
You continue using the asset while making fixed monthly repayments.
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Terms are tailored around your cash flow and business needs.​
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This can be used for assets owned outright or during an existing finance agreement.
What can asset refinance can be used for?
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Release cash tied up in owned equipment or vehicles.
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Reduce monthly payments by restructuring existing finance.
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Replace higher-rate agreements with more competitive terms.
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Fund growth without taking on unsecured borrowing.
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Consolidate multiple asset agreements into one facility.
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Cover a final balloon payment on an existing deal.
What assets can be refinanced?
Hard assets with a strong resale value typically achieve the most competitive terms, but many soft assets can also be considered.
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We can refinance a wide range of business assets, including:
Vehicles and commercial fleets
Plant and construction equipment
Manufacturing and engineering machinery
Agricultural equipment
Catering, gym, and specialist equipment
IT hardware and office fit-outs
How does it work?
1
Quick Enquiry
Share a few details about your business and finance needs using our online form or by phone. It’s fast, simple, and won’t affect your credit score.
2
Understanding Your Business
Your dedicated Account Manager will discuss your goals, review your requirements, and collect any necessary documents to guide your application.
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Expert Comparison & Quote
We search our panel of lenders to find the best options for your business. We handle the applications for you and provide a no-obligation quote.
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Fast, Simple Funding
Once approved, funds are paid to your business account — making finance straightforward and hassle-free.
How is Forward Business Funding different?
Whole-of-market lender panel
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Independent and unbiased
Fast approvals and funding
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Competitive rates
Dedicated finance specialist
Built for UK SMEs