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

“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

“Mulberry Asset Finance have looked after my business loan and finance requirements for quite a few years now - and I trust them implicitly to find me the best deal they can, in the shortest time and with the least amount of hassle to myself. We've financed whole pub refurbishments through to small kitchen equipment and many things in between. There has never been a hitch or a delay and everything is conducted with the utmost professionalism and with a genuine interest in my business. I really can't recommend Mulberry Asset Finance highly enough... ”

Paul Spencer, MD, The Plough Inn at Lupton

“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

“We have used Mulberry asset finance on a couple of occasions as we continue to invest in processing equipment for our company, we have always been more than happy with the service provided by Mike and the team. The process is always hassle free and Mike is always in contact throughout. We will definitely be using Mulberry again in the future.”

James Hill, Director, Enviro-metals Lancaster Ltd

“I am always grateful for the honest advice that I receive from Mike Robinson at Mulberry Asset Finance & his straightforward approach. It is refreshing to deal with a company that can communicate clearly & who genuinely wants to do the right thing for my business. I will definitely use Mulberry Asset Finance again & I highly recommend their services.”

Scott Burton, MD, Scott Burton Timber Harvesting

“I had a coffee coaster with Mulberry Asset Finance on and decided to get a quote from them along with two others. They responded immediately with a quote. They gave a personal touch, whilst remaining competitive and efficient. I have now used them twice and found them a delight to deal with.”

Dale Benbow, Benbows Bros. Timber

“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

“The service provided by Mike was exceptional in terms of turnaround time, attention to detail and level of communication throughout the transaction. The consequence of this high level of service is that I approached only Mike and no other supplier to organise funding for my latest capital purchase, which again was handled impeccably.”

Richard Grice - W A GRICE Livestock Haulage Hay & Straw Merchants Livestock Agents est 1903