Existing Company Assets can sometimes be tying up valuable cash, which could be used for other reasons.CBF can arrange for the release of funds tied up in Company Assets for a variety of reasons:
Reduce Overdraft Facilities thereby reducing reliance on the Bank
Research and Development costs for new projects
Improve Working Capital
Fund the buyout of a Partner/Director
Help with New Premises
Upgrade/Refurbish Equipment
Tooling/Software
Other Reasons
The Majority of Long Life Assets can be Refinanced including:
Engineering Equipment
Printing Equipment
Cars
Commercial Vehicles
Bus and Coaches
Yellow Plant
Procedure:
If an Asset has a resale value CBF can arrange to release capital
You decide the asset, which is then independently valued
An amount is agreed
A repayment plan is agreed
Documentation completed
Funds released
The agreement is secured on the equipment
ONE CALL TO CBF AND WE WILL ARRANGE EVERYTHING
Tel: 08700 550970 (Charged at National Call Rate Only)
