NORMA GREENWOOD JOINS AS SENIOR UNDERWRITER
17 July 2024
We are pleased to welcome Norma Greenwood to the Kingsley Team as our Senior Underwriter.
Refinance is a simple cash flow solution that enables businesses to use their existing hard assets such as plant, machinery and vehicles as security to raise capital for their business.
Available to businesses that have traded over 3 years subject to credit.
Benefits of Refinance/Equity Release
By consolidating existing finance agreements into one easy finance facility, the customer was able to reduce their finance repayments. This enabled them to budget more effectively, whilst releasing equity in the vehicles giving their business an extra cash boost!
Company had won a very lucrative contract but had a cash shortfall which could jeopardise the deal going ahead. To raise the monies required to help fund the contract, the business refinanced part of their unencumbered yellow plant equipment on a sale & hire purchase back facility over a 3 year term.
Company sourced new printing equipment from overseas, however the supplier required payment in full prior to dispatch. They raised the funds required by refinancing their existing printing equipment enabling them to pay the supplier in full.
Funding challenging credits and older plant, machinery & vehicles.Asset Finance Solutions