Asset refinance  or equipment refinance  has become very popular for companies as a cost effective way for firms to raise money.  With the Bank of England confirming that bank lending has fallen every year since 2009, and last year alone it dropped by almost 10%.  The simple fact is with little credit or lending available, there will be little or no growth.

With bank's becoming ever more reluctant to increase overdrafts or  increase loan arrangements, companies are searching for ways to release cash that is currently tied up in their assets, such as vehicles, machinery, or even buildings, this is know as asset refinance.

Situations can change quickly for any company, a debtor might go under, and you could require money to cover the shortfall, or you might see an opportunity in the market, and have to move fast. With these, and any other situations, our asset refinance plan can help you grow and survive without asking your existing  bankers, and importantly keeping your existing credit lines free. Asset refinance will give you a new credit line that , unlike an overdraft will run for the whole period and cannot be called in, causing you potential problems.

Asset refinance provides companies with a stable alternative to traditional bank lending, which in this present financial climate is vital. Figures from the Bank of England under the Project Merlin deal showed that total net lending from the five main UK banks' fell in every quarter of 2011.  A report by the Bank of England last month revealed that net bank lending fell by more than £50bn in the past year, which has had the greatest impact on small firms.

Cutting to the chase:-
No preamble, no mission statements, just straight talking. We can help you come up with a structuraly  sound Plan B that will satisfy all your requirements, both short term & over a longer period. We do not take you down cul de sac's. In a nutshell, if you require  asset refinance, equipment refinance  or  restructure finance, you have found the right company.

Plan B:-
Sometimes, your best laid plans go slightly awry, banks or finance companies let you down at the last moment, hiccups occur in most plans and in all businesses. So when that happens, you need to call on someone that has the experience, knowledge and ability to help you construct a Plan B that will work for you. Oak Leasing's asset refinance Plan B will provide you not with the three B's but with the three R's.

Release:-
Asset refinance will release the money and capital  that you have tied up in both assets such as machinery,  vehicles, plant , as well as buildings.  This money will help you to respond to today's business challenges. We have the flexibility to help you in almost all situations.

Refinance:-
We are able to arrange asset refinance on both your existing leasing agreements as well as HP agreements, where we can settle the outstanding amounts with the original funder, and then spread the cost over a more manageable time frame for yourselves.  By freeing up capital tied up in your assets will give you the freedom to expand or restructure.

Restructure:-
Companies never stay the same, they are always changing and evolving. With asset refinance, this will give the the capital  that you require for acquisitions, MBO's, Pre pack's or turnarounds & restructuring. It will also be able to help you overcome seasonal cash flow fluctuations.

Our asset refinance plan will let you keep your existing banking lines free for your day to day working, but gives you the freedom  or extra cash flow,which you can use to either expand your business,  to seize new sales opportunities, or to help you recover from recent financial challenges that you might have faced. 

The assets that we will look at with our asset refinance plan include:-

• Machine tools or machinery
• Coaches
• HGV's & trailers
• Cars & light commercials
• Printing equipment
  
• Yellow plant
• Engineering plant
• Buildings
• Farming Equipment

You might have other equipment that you wish us to consider, which is not on the list above. We are sure that almost whatever the asset, we can arrange an asset refinance plan for you.
 
Together,we will give you either financial breathing space and capital to inject back into your business  or enable you to seize an opportunity to expand, that your competitors around you have missed.

We simply call that Plan B.