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Asset Refinance

If you have vehicles or equipment that are either unencumbered, or are on finance but have equity in them, we can quickly raise funds against those assets to be used for any purpose.

This product is especially useful for reducing or replacing overdraft or factoring facilities as, unlike bank facilities, our products aren’t ‘repayable on demand’.

The costs are very competitive compared to overdraft funding.  Other common reasons for refinancing include:

ALG Finance can arrange refinancing for new contracts – a vital tool to help businesses grow. We all know you have to speculate to accumulate, but this is often easier said than done, especially in these tough economic times. A secure way of raising cash, refinancing your unencumbered assets will give your business the injection it needs to help secure that all important contract.

ALG Finance are experts in refinancing for new contracts, so contact us today!

ALG Finance can arrange refinancing for management buy ins & buy outs. We can help you make it happen, no matter what the reason.

ALG Finance are experts in refinancing for management buy ins & buy outs, so contact us today!

ALG Finance can arrange refinancing for unexpected tax / VAT liability.  The Government may have bailed out the banks, but who’s going to help you out?  When HMRC come knocking, a quick solution to your problems is vital.  ALG Finance understand the stress involved in dealing with HMRC and our involvement can often buy time whilst we arrange suitable finance facilities to get them off your back!  If you’ve got a problem and no-one else can help maybe you should speak to ALG!

ALG Finance are experts in refinancing for unexpected tax / VAT liability, so contact us today!

ALG Finance can arrange to refinance for expansion to premises.  It is very difficult to secure Commercial Loans against property in the current economic climate.  Did you know you can use the equity you may have in equipment and vehicles to bridge the gap between a property valuation and the mortgage available?

ALG Finance are experts in refinancing for expansions to premises, so contact us today!

ALG Finance can arrange refinancing for return of investors capital.  Directors’ loan accounts can be a problem for many businesses.  As a liability on your balance sheet, they can effectively damage your credit rating.  We can arrange refinance against assets within the business to enable the business to re-pay the loan account.  This money can then be re-introduced in a more efficient way to strengthen your balance sheet.

ALG Finance are experts in refinancing for return of investors capital, so contact us today!

... or simply providing a buffer for seasonal lean times.

In some circumstances, the assets need to be formally valued, and the advance is tailored around a percentage loan to value (LTV) – very similar to a mortgage.  In most cases, a facility can be offered ‘subject to valuation,’ with a desktop indication already having been obtained from our valuers to ensure that we aren’t wasting our or your time.  Our facilities can range from 70% up to 100% of the LTV, dependant on many factors such as the size of the transaction, the period requested and the saleability of the assets proposed.

Equipment and vehicles that we have refinanced include:

ALG Finance can arrange to refinance commercial vehicles & coaches.  Whether you want to reduce bank borrowings, need to raise money to satisfy VOSA, or for any other reason, talk to us.  We speak your language!

We are very experienced within the haulage and transport sectors, and can often come up with financial solutions for a whole host of purposes.

ALG Finance are experts in refinancing commercial vehicles & coaches, so contact us today!

ALG Finance can arrange to refinance construction plant & equipment, for any purpose.  Whether you want to reduce your monthly outgoings, have been hit with a bad-debt, or need to gear up for a new project, talk to us.  We speak your language!

ALG Finance are experts in refinancing construction plant equipment and vehicles, so contact us today!

ALG Finance can arrange to refinance printing equipment, which is good to know, because unless you have a licence to print money, every business could do with some extra funds from time to time. We have a huge amount of experience in this industry, and we know that even ancient printing machines have value. We understand the industry, so give us a call to see if we can help you.

ALG Finance are experts in refinancing printing equipment, so contact us today!

ALG Finance can arrange to refinance recovery vehicles. There could be valuable cash tied up in your recovery vehicles, ALG Finance can help you access it.

ALG Finance are experts in refinancing recovery vehicles, so contact us today!

ALG Finance can arrange to refinance engineering equipment. Regardless of age or condition, there is always value in engineering equipment. You may also be looking to acquire additional equipment to compliment your current set up, in either case, we can help you.

ALG Finance are experts in refinancing engineering equipment, so contact us today!

ALG Finance can arrange to refinance catering equipment. Whether you‘re opening another establishment, want to reduce your bank borrowings, or have any other reason up your sleeve, speak to us!

To arrange a no-obligation site visit to discuss your requirements, please don’t hesitate to give us a call.

ALG Finance are experts in refinancing catering equipment, so contact us today!

ALG Finance can arrange to refinance forestry equipment.  We have vast knowledge of the forestry sector, and understand that you often have to wait a very long time to get paid.  We can refinance equipment and vehicles within the business, to bridge that gap between doing the work and getting the cash.  If you need to gear up for new contracts, or want to purchase things at auction, talk to us.  We speak your language!

ALG Finance are experts in refinancing forestry equipment, so contact us today!

ALG Finance can arrange to refinance company cars to help release some vital cash. Even if your car is currently on finance, talk to us to see if we can provide a better deal for you and your business.

ALG Finance are experts in refinancing company cars, so contact us today!

ALG Finance can arrange to refinance computer & IT equipment. Who would have thought there could be value in those boxes and wires! Whatever you are looking to raise funds for, look no further than the screen you are looking at now.

ALG Finance are experts in refinancing computer & IT equipment, so contact us today!

ALG Finance can arrange to refinance gym equipment, which is handy if you are looking to refurbish your current premises. It can also be useful if you are looking to acquire that new all-singing-all-dancing machine and stay ahead of the competition. Whatever your requirement, we understand the importance of being able to invest in the areas of your business that will help you grow.

ALG Finance are experts in refinancing gym equipment, so contact us today!

ALG Finance can arrange to refinance photography equipment. You might need to upgrade your equipment, splash out on a new piece of software, or take your business to the next level. It is good to know that we can help your business stay picture perfect.

ALG Finance are experts in refinancing photography equipment, so contact us today!

ALG Finance can arrange to refinance laboratory equipment. You may need to update some equipment or acquire new items – whatever the reason, if you have laboratory equipment and you need to raise funds, we can help.

ALG Finance are experts in refinancing laboratory equipment, so contact us today!

ALG Finance can arrange to refinance office equipment, which is useful for businesses that wouldn’t consider themselves ‘asset rich’. From the chair you are sitting on, to the filing cabinets, even the fake plant in the corner – they can all be used to raise funds for your business!

ALG Finance are experts in refinancing office equipment, so contact us today!

This list is NOT exhaustive.  If you are in any doubt as to whether we could refinance particular equipment or vehicles, please do not hesitate to contact us.