Our refinancing solution enables you to boost your cash flow by releasing cash against the value of your existing assets.
Based on an asset's value (whether you own it outright or have it under a finance deal with another provider) our experienced asset finance specialists will work with you to get the most from your refinancing facility.
We will buy the asset from you at a percentage of the value and refinance it back to you over an agreed period.
Refinancing is suitable for:
⬗ Commercial vehicles
⬗ Engineering machinery
⬗ Construction equipment
⬗ Buses & coaches
⬗ Miscellaneous plant
Refinancing features and benefits:
⬗ Assists cash flow by injecting capital into the business
⬗ You have continued use of the asset being refinanced
⬗ Can reduce monthly payments
⬗ The capital raised could be used for the purchase of other assets not suitable for standard hire
purchase or leasing agreements
Refinancing
First Rapid Bank