Glossary term

Asset Refinance

A way to release capital from vehicles, machinery or equipment already owned or financed by a business.

What does asset refinance mean?

A way to release capital from vehicles, machinery or equipment already owned or financed by a business.

The exact meaning can vary depending on the asset, lender criteria, agreement wording and business circumstances.

Release capital tied up in owned vehicles, machinery or equipment to support cash flow or growth.