Sale and Leaseback
Release capital tied up in your business assets
If your business is asset rich, but needs more cash liquidity, Sale and Leaseback of existing equipment in your business is a sensible option to consider. This releases capital tied up in your assets, effectively letting you sell equipment and leasing them back over an appropriate period of time.
To apply for a Sale and Leaseback facility you will need to provide us:
- Copies of original invoices for all the equipment that you intend to finance, and proof of payment.
- Rationale for why a Sale and Leaseback faclity is required.
You can raise funds against any equipment. Generally, if the equipment is older, it will need to be professionally valued and a lender will generally advance a maximum of 70-80% of that valuation.
Find out more about Sale & Leaseback options by contacting us today on 028 2565 6000 or get a quick quote below.