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 term comes to an end you can choose to keep leasing the equipment or purchase it back.
Sale and leaseback financing benefits businesses that already own assets such as vehicles and 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.