Refinance

Refinance is a very popular method of raising cash against existing assets. Corporate Asset Solutions can offer a customer a significant injection of funds against equipment which the Company owns outright. For example:

• ABC Ltd owns a truck which is valued at £20,000
• Corporate Asset Solutions Ltd makes a payment of £15,000 direct to ABC Ltd
• ABC Ltd agrees to a fixed monthly rental for an agreed payment term
• At the end of this term, and once all payments have been made, ABC Ltd owns the equipment outright again

Refinance can be used for many different reasons. Raising capital, future purchases and management buy ins are just to name a few.