Asset refinance: Sale and leaseback

Sale and Leaseback: Free up cash flow by selling and leasing back your assets

Asset Refinance

a flexible sale and leaseback option

What is Asset Refinance?

Starting and running a business can be a great balancing act, and sometimes we drop the ball. 

What happens if you need to free up some working capital but you’ve already spent all of your available cash on new equipment?

With Coates Finance, you can turn your assets into cash with a Sale and Leaseback, also known as Asset Refinance.

If you are a small business looking to free up some immediate cash flow, you could have everything you need within reach and not even know it.

Asset refinance is an alternative funding option for businesses in need of working capital right away. With a sale and leaseback agreement, businesses are able to sell their existing assets to a lender in return for working capital. Worry not, you can still use the equipment by leasing it back from the lender.

helping you get the right Finance for your Business

How Does Asset Refinance Work?

Refinancing is a fast and flexible way to access working capital without approaching your bank.

Coates will arrange for your equipment to be purchased and then leased back to you over a set rental period.

When the agreed-upon time comes to an end you can choose to keep leasing the equipment or purchase it back.

A sale and leaseback agreement often benefits businesses that already own assets such as vehicles, heavy equipment as well as plant and machinery.

Depending upon how much capital you need for your business you can refinance single or multiple assets. Turning your existing equipment into working capital allows you to improve and grow your business.

Asset refinance: Sale and leaseback
Asset refinance: Businessman handshake on a Asset refinance: Sale and leaseback deal

helping your business to own the equipment

The advantages of Sale and Leaseback

What are the Benefits of Refinancing?

Refinancing frees up working capital immediately and improves cash flow. 

Here are some additional benefits to consider:

Asset Refinancing:

  • Gives you continued use of the equipment with low monthly payments.
  • Spreads your costs over a longer period of time.
  • It allows you to make capital on assets you already own.
  • Protects your business from asset depreciation.

Is Asset Refinance Right for My Business?

If you run a small business, need to free up some immediate cash and already own valuable equipment and machinery, asset refinance may be an ideal solution for your business.

At Coates, we can help you with the best finance options for your business in line with your requirements.

What Happens When You Refinance?

When applying for asset refinance with Coates, the first thing we will do for you is to determine the value of the asset based on its current condition and how it was used.

We will also use a qualified inspector to determine value of the asset and how much it is worth.

The final step is to transfer ownership of the asset to Coates or one our our funding solution providers.

You’ll  get customize a payment plan that works for you and your business. When your payments are complete we will return your asset back to your business.

what can you refinance?

Here’s a list of some of the assets you can refinance

  • Buses and coaches
  • Cars
  • Catering equipment
  • Commercial vehicles
  • Engineering equipment
  • Farming and agricultural machinery
  • Haulage vehicles (tractor units and trailers)
  • Manufacturing equipment
  • Office and IT equipment
  • Plant equipment
  • Printing machinery
  • Vans

If you’re looking to refinance – just complete the short form below or give us call today. We can finance almost any business asset.

Sale and Lease Back... Turn your assets into cash

why sale and Leaseback?

Asset Refinance is a simple solution for companies have valuable equipment and need a boost in cash flow.

We can arrange for the purchase your of your piece of equipment (subject to age / value and usual lending criteria) so that you can focus on running the day to day operations of your business

At the end of the agreement you can either keep leasing the equipment or purchase the title to it.

Refinancing is a great way to raise money against assets you already have. It’s also a fast way to raise money for investment.

Highlights of Sale and Leaseback

  • Extract cash from your assets – Free up your money and let it work for you
  • Competitive Interest Rates – On the re-financed assets
  • Fixed Repayment Costs – Great for keeping your cash flow forecast on track
  • Fair Market Valuation – The amount leant against an existing asset is based on a reasonable market valuation
  • Funds Your Purpose – use the money raised as you wish – from working capital to upgrades and investment
  • Better Finance Options for You – Lets you raise money secured against assets that normal lenders wouldn’t consider
Asset refinance: Sale and leaseback-Why Sale And Leaseback?
Asset refinance: Sale and leaseback - Why Sale And Leaseback?

a flexible funding option

How to Apply for Asset Refinance

Here is how you can start the process and apply to get your Refinance Purchase Agreement in place.

Before we can successfully process your application, there are a few requirements that your business must have in place:

  • Applicant must be a Limited Company or Limited Liability Partnership
  • The company must be based in the UK
  • Company MUST NOT have any CCJs

If your business passes the above criteria, you’re on your way to pre-approval. Now, all that you have to do is complete the application form so that we can verify some of your credentials to see if you qualify to work with us.

Complete the short form below to go through our pre-approval process where you can speak to one of our knowledgeable finance professionals for a FREE quote.

Working With You To Grow Your Business​

Why Choose Coates Finance?​

Key benefits of working with Coates Asset Finance

  • Fast decision: Get a fast and responsive decision of an offer in 24-48 hours without having to approach your bank, so you can spend more time growing your business.
  • Simple Process: Short, easy-to-complete application forms without the complicated jargon so you fully understand the terms of your agreement
  • Personalised Solution: Obtain a cohesive solution to your unique financial circumstance and raise the cash to purchase the assets you need.
  • Cash Release: Fund your growth with the with £2000 - £500,000 that we can help make available for you to scale your business.
  • Specialised knowledge: Draw on our years of practical expertise in a variety of sectors to ensure you achieve your desired funding solution
  • Full Transparency: We work with a number of lending partners and will provide independent impartial advice so you always get the best deal and the best rates
  • Pay in instalments: Spread the cost of your purchases over a period of time that’s right for you; 3 month - 60 months
Fast decision
Get your finance offer in 24-48 hours. Short, easy-to-complete application forms
Personalised Solution
Obtain a cohesive solution to your unique financial circumstance and raise the cash you need
Cash release
Fund your growth with the extra money that we can help make available for you to scale your business
Specialised knowledge
Draw on our years of practical expertise to ensure you achieve your desired funding solution

Get Started

Partner with Coates Finance

Here is what we need to get started

Fast Asset Refinance in 3 Easy Steps

Our friendly team of experts are waiting to assist you and your company.

We’ll help you finalise a solution that meets your needs, and take the hassle out of the decision-making process so you can spend more time on what matters to you most – growing your business.

We have streamlined the application process and made it super simple to apply for the funding you need.

Complete the short form below and let’s get started today.

Complete the form below and speak to one of our knowledgeable finance professionals, who will answer your questions and guide you through the final steps to a solution that works for you.

Call us on 01904 492851 

You can also give us a call if you need immediate answers to your questions. Our friendly experts will happily answer any questions you may have before you begin your application.

Lines are open
9:00am – 5:30pm Monday to Friday
(excluding UK bank holidays)

3 steps to success

We'll Help You Every Step Of The Way

Follow the simple 3 step process to finance your business today.

Once you have completed the first step, we will get you on a call to answer any more detailed questions you may have and move quickly towards getting your financial requirements successfully approved

01

Complete the Form

Complete the simple form below and apply online for the amount you need to grow your business

02

Receive Fast Approval

We will process your application and aim to get you approved for your desired amount in 24-48 hours

03

Get Funded

Congratulations!

Now you’ve been approved, you can acquire the assets for you require to grow.

Let's Get Started

All you need to do is complete the form and submit your application to get started today

  • Partner with one of the UK's leading finance solution providers
  • Get sector specific solutions from the "smartest people in the finance industry"
  • Apply in minutes and see funds in your account in as little as 48 hours
  • Access funds from £2000 - £500,000
  • FREE tailored quotation with no obligation

Get your FREE business finance quote today

Get your FREE business finance quote today

Complete the form and submit your application to get started today