Re-finance Of Existing Assets

MGF Asset Finance can arrange an extensive range of asset re-finance solutions enabling you to release the capital already invested in equipment, machinery or vehicles. This can act as a cash injection to your business thus stimulating further growth and development.

By releasing cash locked in your fixed assets we can help to aid the stability of the business by giving a cash flow injection, enabling swift recovery from bad debt, funding an expansion or financing balloon payments on existing loans. It can also help to repay bank overdrafts or reduce monthly payments on existing hire purchase or lease agreements.

We have access to finance providers who will consider a wide range of proposals and specialise in re-financing assets which traditional finance companies shy away from. The list includes printing machinery, machine tools, manufacturing machinery, contractor's plant, cars, commercial vehicles, buses and coaches.
We also specialise in re-financing those assets already on finance by settling the existing finance company’s outstanding liability (where economic) and releasing the equity locked into the asset. This can help to reduce monthly repayments or give more flexibility on the terms of the new agreement.

We offer a wide range of asset re-finance structures to suit every possible need. The most popular solutions are Sale and Lease Back, and Sale and Lease Purchase Back.

Advances range from £10,000 to £5 million with repayment terms ranging from a minimum term of 12 months up to 7 years. Repayment profiles can be tailored to meet your individual business requirements, for example a seasonal or low-start re-payment profile.