Asset Finance · Yorkshire

Asset Refinance & Sale and Leaseback

Release capital from machinery, plant and vehicles you already own — without selling them or stopping work.

Whole-of-market — 60+ lenders searched
All credit histories considered
Decisions in as little as 24 hours

Whole-of-market — 60+ lenders searched, including

BarclaysAldermoreParagonAllica BankPraetura Asset FinanceSimply Asset FinanceOxburyBraemar FinanceBibby Financial ServicesBPCE Equipment SolutionsCatfoss FinanceDavenham Asset FinanceFleximizeiwocaKingsway Asset FinanceLombardMetro BankBNP ParibasBarclaysAldermoreParagonAllica BankPraetura Asset FinanceSimply Asset FinanceOxburyBraemar FinanceBibby Financial ServicesBPCE Equipment SolutionsCatfoss FinanceDavenham Asset FinanceFleximizeiwocaKingsway Asset FinanceLombardMetro BankBNP Paribas

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.

What you can fund

Plant & machinery

Excavators, dumpers, telehandlers and site plant owned outright.

Production equipment

CNC, engineering and manufacturing machinery with a resale market.

Commercial vehicles

Vans, HGVs, tippers and specialist vehicles you already own.

Agricultural machinery

Tractors, combines, telehandlers and farm equipment.

Handling equipment

Forklifts, reach trucks and warehouse handling assets.

Mixed asset portfolios

Several assets refinanced together as a single facility.

What asset refinance actually does

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

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.

Equipment refinance and refinancing machinery

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

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.

When refinance is the right answer, and when it is not

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 real example

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.

How it works

Tell us what you need

One quick conversation about the asset and how the repayments need to work.

We search 60+ lenders

As an independent broker we find the right structure and rate — not one lender’s products.

You get funded

Indicative decisions in as little as 24 hours, then we manage it through to payout.

Estimate your repayments

Hire Purchase illustration at a representative 8.9% APR — a quick guide only; your actual rate depends on the asset, term, deposit and lender.

Amount £25,000

Term 48 months

Approx. monthly£—

Apply for this

Representative example: on Hire Purchase, borrowing £25,000 over 48 months at a representative 8.9% APR, you would repay around £617 a month; total amount repayable approximately £29,610. 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 may receive a commission from the lender that funds your agreement. All finance is subject to status, affordability and lender approval. CW Asset Finance is an Appointed Representative of Rural Finance Limited, which is authorised and regulated by the Financial Conduct Authority (FRN 630701).

Frequently asked questions

What is asset refinance?

Asset refinance releases cash against equipment, machinery or vehicles you already own outright. The lender advances a lump sum secured on the asset, you carry on using it exactly as before, and you repay over an agreed term.

What is the difference between asset refinance and sale and leaseback?

They achieve the same thing. With sale and leaseback the lender formally buys the asset and leases it back to you; with refinance the lender takes security over it. Which is used depends on the lender and the asset, and we will explain which applies before you commit.

Do I keep using the equipment?

Yes. That is the whole point — the asset never leaves your site and there is no interruption to work. Only the ownership or security position changes.

What can be refinanced?

Assets you own outright with a clear resale value and an identifiable serial or registration number: plant, machinery, commercial vehicles, agricultural equipment and handling equipment. Items already on finance generally cannot be refinanced until settled.

How much can I release?

It depends on the current market value of the asset, its age and condition. Send us a list of what you own with makes, models and years, and we will come back with a realistic figure rather than an optimistic one.

Is refinance available if the bank has declined me?

Often yes. An unsecured decline reflects one lender’s view of unsecured risk. Refinance is secured on a tangible asset, which is a different assessment — which is exactly how we released £110,000 for a contractor the bank had turned down.

Do you cover my area?

Yes — CW Asset Finance is based in Tadcaster and works with clients Leeds, York, Harrogate, Wakefield, Selby, Tadcaster & across North & West Yorkshire, as well as nationwide.

Get your quote

Tell us what you’re looking to fund and Conor will come back to you personally — usually the same day.

Prefer to talk? Call 07581 364281 · serving Leeds, York, Harrogate, Wakefield, Selby, Tadcaster & across North & West Yorkshire.