Benefits of asset refinance
Simplify repayments with a single structured facility.
Retain full use of the asset while it is on finance.
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.
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.
Terms are tailored around your cash flow and business needs.
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.
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.
3
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.
4
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
Independent and unbiased
Fast approvals and funding
Competitive rates
Dedicated finance specialist
Built for UK SMEs