Asset Refinance for Business

If you’re considering how to raise cash for your business to boost working capital, recruit staff, consolidate debts, invest in marketing and more, asset refinancing is an increasingly popular facility to raise business funds.

What is asset refinance?

Asset refinance is a means of releasing money from a commercial asset that your business already owns. Many businesses across all industries have cash tied up in valuable equipment, machinery, vehicles etc; a refinance facility allows you to draw down on the value of one or more commercial assets, depending on the desired amount of funds.

To obtain the required capital grow your business, refinance is a straightforward arrangement and it can be arranged against most commercial assets.

How much money can I release?

Depending on the value of the asset/s that you would like to refinance, we can normally release up to 80% of their forced sale value.

Is asset refinancing suitable for me and my business?

Our team will establish the most suitable solution for your circumstances. Refinance solutions are typically suitable for businesses that are asset-rich and need to boost to their balance sheets. Asset refinance is an alternative form of finance that does not affect existing bank finance. It does not rely on a credit rating or business performance, as monies are secured against the owned asset.

How long does an asset refinance arrangement last for?

Asset finance arrangements typically last around 5 years, but the period can usually be adjusted to suit a business’ circumstances.

What are the advantages of asset refinancing?

Your business continues to use the asset as normal whilst releasing funds
A fixed finance arrangement allows effective budgeting
Maintain ownership following the arrangement
Funds typically released within two weeks
Boost business cashflow
Simple, straightforward solution

“I was very pleased I chose Mulberry Asset Finance to work with on my new poultry business. The whole deal was arranged quickly and, most importantly for me, they did exactly what they said they would do and on time. It is very satisfying to work with people who give you a good deal and who you can rely on.”

Jennifer Bain, Owner, J Bain Farming

“D. Cain & Sons have had the pleasure in dealing with Mulberry Asset Finance for the past 10 years. We as a company have built a great relationship with Mike Robinson at Mulberry Asset Finance. Mike always goes above and beyond to provide his customers with an incredible service. D.Cain & Son would recommend Mulberry Asset Finance for all your financial enquiries.”

Darren Cain, MD, D Cain & Sons Ltd

“Mulberry Leisure played a key part in arranging asset finance for our capital equipment spend during a large and daunting business expansion. The Mulberry team took the time to visit and understand our needs, then provide a range of finance options to meet our budgets. We look forward to working with Mulberry Leisure in the coming years.”

Paul Reynolds, Owner, The Traddock

“I have used Mulberry Transport for ten years. They provide an excellent service for my business and I can access finance to buy the various wagons, machinery and other equipment that I need to run my business. Finance is agreed and arranged within one week, I highly recommend Mulberry Transport.”

Jimmy Dickinson, Director, J Dickinson Transport Ltd

“Mulberry Asset Finance have helped significantly with the growth of our Artisan Bakery over the past six years. In the early stages when growth and access to finance is most difficult, they were able to help us acquire the equipment we needed. I am reassured that Mulberry Asset Finance will always get us the best deal without any fuss, allowing us to concentrate on the business and not have to worry about funding for new assets.”

Aidan Monks, Owner, Lovingly Artisan

“Mike and his team are like having your own finance department. I've called out of hours on occasions for advice, very helpful when you're on the move. Always keen on rates and made to fit in with the business. Thanks again Mike and his team.”

Dave Greenbank, Managing Director, Greenbank Crane Services

“A & H CARLISLE LTD have used Mulberry Asset Finance since 2012 and I can’t speak highly enough of Mike and his team, they have helped our business grow and their knowledge of a customer needs is impressive. They are always competitive and quick to react to our needs. I wish Mulberry Asset Finance continued success and hope to do business together for many years to come.”

Alan Falder, Managing Director, A & H Carlisle Ltd

“Cubby Construction is a client of Mulberry Asset Finance and have always found the team to be obliging, highly efficient and willing to go that extra mile in order to help us achieve our goals.”

John Cubby, Managing Director, Cubby Construction Ltd