Asset Refinance
Raise capital against eligible assets already owned by the business, subject to valuation and lender assessment.
Key Features
- A funding structure designed around the purpose of the asset refinance request
- Repayment and security terms are confirmed before an application proceeds
- Available options depend on the business, supporting information and lender appetite
- A specialist can explain fees, risks and alternatives in plain English
Use Cases
- Planned business investment
- Managing a defined funding requirement
- Supporting growth or operational needs
- Refinancing where an alternative structure may be suitable
Eligibility Criteria
Documents commonly requested
- Recent business bank statements
- Latest filed accounts and current management information
- Identification and business ownership information
- Evidence supporting the funding purpose
- Property, asset, invoice or contract information where relevant
The exact list depends on the facility and lender. Documents are requested only when relevant to the application.
Important considerations
- Compare the total cost, not only the headline rate
- Understand arrangement, valuation, legal and exit fees where applicable
- Check how repayments affect business cashflow
- Review security, debenture and personal-guarantee requirements
- Consider early repayment and default provisions before signing
How it works
- Tell us about your funding need
- We compare the whole-of-market lender network
- Receive competitive offers tailored to you
- We manage the application to completion
Why use FinanceMyCompany?
- Whole-of-market lender access
- Transparent, fee-clear advice
- Dedicated finance specialist
- Fast, straightforward process
Asset Refinance — Frequently Asked Questions
How is asset refinance assessed?
Assessment normally considers the business, funding purpose, affordability, repayment route, credit profile and any available security. Requirements vary by lender and product.
Will I need to provide a personal guarantee?
A lender may request a personal guarantee depending on the facility, business and risk assessment. The requirement and implications should be understood before proceeding.
Ready to explore asset refinance?
Speak to a specialist and get tailored options from our whole-of-market lender network.
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Sell an eligible business asset to a funder and lease it back for continued use under agreed terms.
Hire Purchase
Spread the cost of buying an asset with fixed payments and an option or transfer of title at the end, subject to the agreement.