Release capital from machinery, plant and vehicles you already own — without selling them or stopping work.
Whole-of-market — 60+ lenders searched, including
Asset refinance turns equipment you already own into working capital. The lender advances a lump sum against the asset, you keep using it exactly as before, and you repay over an agreed term. It is often available where an unsecured loan is not, because the lender has security in something tangible. If you need to refinance machinery you already own outright, that is exactly what this does.
Every asset has its own page: how lenders treat it, what buyers specify, the questions people ask, and what we have actually funded.
| Asset | What it covers | Page |
|---|---|---|
| Plant re | Plant refinance turns diggers, dumpers and rollers you already own into working capital, without the machines… | Read the guide |
| Production equipment re | Manufacturing capital is often locked inside machines that were paid for years ago and have been… | Read the guide |
| Commercial vehicle re | A yard of fully paid commercial vehicles represents real money that most owners never think to… | Read the guide |
| Agricultural machinery re | Farming ties up enormous sums in machinery that works a handful of weeks a year, and… | Read the guide |
| Handling equipment re | Warehouses accumulate handling equipment the way workshops accumulate tools, and once it is paid for the… | Read the guide |
| Mixed asset portfolio re | Few businesses own just one kind of equipment, and treating a whole schedule of owned assets… | Read the guide |
| Sale and leaseback | Sale and leaseback is the simplest idea in asset finance: sell what you own to a… | Read the guide |
| Capital release | Every pound spent outright on equipment is a pound that stopped being flexible, and capital release… | Read the guide |
| HGV fleet re | Hauliers run on margins measured in pence per mile, so capital sitting idle in fully owned… | Read the guide |
| Machine tool re | A well-specified machining centre outlives several business cycles, and once it is paid off it quietly… | Read the guide |
| Hire fleet re | Rental companies live and die by fleet age, and refinancing what is already owned is how… | Read the guide |
| Equity release on plant | Years of paying agreements down leaves real equity standing in a plant fleet, and most contractors… | Read the guide |
| Refinance to fund growth | Growth consumes cash before it produces any, which is why expanding businesses so often look to… | Read the guide |
| Refinance for a VAT bill | A quarterly VAT liability is the most predictable cash event in a business, and it still… | Read the guide |
Most businesses carry more value in their yard than in their bank account. Asset refinance releases some of that value as cash without selling anything or interrupting a single day of work. If you own machinery, plant, commercial vehicles or production equipment outright, it can usually be refinanced.
It is one of the most useful products in asset finance and one of the least understood, which is why businesses often reach for an overdraft extension or an unsecured loan first — and get turned down.
Sale and leaseback is the same idea expressed the way a finance director would. The lender buys the asset from you at an agreed value, pays you the money, and leases it straight back. You never lose access to it. At the end of the term ownership typically returns to you.
It suits businesses that are asset-rich but need liquidity — funding a contract, a VAT bill, an acquisition or simply a quieter quarter.
Refinancing machinery works best on assets with a clear resale market and a serial or identification number: CNC and production machinery, plant, agricultural equipment, forklifts and handling equipment. The lender will want to see proof you own it outright and that it is not already on a finance agreement.
Vehicle refinance releases capital against commercial vehicles, HGVs, tippers and specialist vehicles you own outright. Vehicles are easy to value and easy to sell, which makes them straightforward to refinance, often with a decision in a matter of days.
Vehicle refinance releases capital against commercial vehicles, HGVs, tippers and specialist vehicles you own. Because vehicles are easy to value and easy to sell, they are among the simplest assets to refinance — often with a decision in a matter of days.
Refinance suits a specific need with an end date: bridging a contract, funding a deposit on a larger purchase, settling a tax bill or smoothing a seasonal trough. It is not a solution to persistent trading losses, and we will say so if that is what we are looking at. Turning an owned asset into a monthly commitment should buy you something.
A groundworks contractor came to us after being declined for an unsecured loan. Rather than chase another unsecured lender, we refinanced plant the business already owned outright and released £110,000 — without selling a machine or pausing a job.
Asset refinance raises working capital against machinery you already own. Two very different businesses use it for opposite reasons, and lenders read the two cases differently — a profitable company releasing cash to move quickly, and a company converting idle equipment into cash flow without parting with it.
A machine owned outright is capital sitting still. Refinancing it releases a lump sum against equipment already paid for, without giving up the machine, taking on a debenture over the whole business or diluting equity. It is most often used for the deposit on further plant, buying a competitor’s kit when it becomes available, or mobilising for a contract that starts before it pays.
Where the constraint is cash flow rather than profitability, sale and leaseback converts owned assets into working capital while the machine stays on site and keeps earning. Underwriting leans on what the asset would fetch and on the business’s ability to service the payments, which is why this route is often open when an unsecured facility is not.
It needs to be owned outright or close to it, identifiable by serial or chassis number, and have a resale market a lender recognises. Age matters less than condition and marque — a well-kept machine from a mainstream manufacturer raises more than a newer one nobody wants to buy back.
One quick conversation about the asset and how the repayments need to work.
As an independent broker we find the right structure and rate — not one lender’s products.
Indicative decisions in as little as 24 hours, then we manage it through to payout.
Asset finance is quoted on a flat rate, so that is what the buttons show, with the equivalent APR beside it. Your exact rate depends on the asset, the term, the deposit and the lender.
Prime is an established, profitable business with clean credit. Specialist covers newer businesses and credit that needs explaining — the asset itself carries part of the risk, which is why finance is often available where an unsecured loan is not.
Representative example: on Hire Purchase, borrowing £25,000 over 48 months at a 5.15% flat rate (equivalent to 9.9% APR representative), you would repay around £628 a month; total amount repayable approximately £30,150, of which £5,150 is the cost of finance. This calculator is for illustration only — it is not a quote or an offer of finance, and the rate and repayments you are offered will depend on the asset, term, deposit and your circumstances. CW Asset Finance is a credit broker, not a lender, and will receive a commission from the lender that funds your agreement. All finance is subject to status, affordability and lender approval.
Rates shown are indicative flat rates with the equivalent APR alongside — the two are not the same number. Indicative only and does not constitute a quote or an offer of finance. Subject to status and lender approval.
Tell us what you’re looking to fund and Conor will come back to you personally — usually the same day.
Prefer to talk? Call 0333 772 4864 · serving Leeds, York, Harrogate, Wakefield, Selby, Tadcaster & across North & West Yorkshire.
Real agreements, written up in full — what the business wanted, what the lenders said, and what it cost. Amounts are rounded and no customer is identified.
Asset Refinance · Leisure Venue
Around £48,000 of capital released from equipment the business already owned and continued to use, without giving up anything or taking on an unsecured loan. The venue kept…
140 machines named across 14 types of Asset refinance. This is not a restricted list — it is what we are asked for most often. If the machine you are buying is not here it almost certainly still funds: your supplier quote is what the agreement is written against.