Re-finance is the key

Did you know that re-financing your existing unencumbered assets can the best way to unlock working capital quickly and effectively?

Case Study:

DJB visited a transport and logistics business that had recently been awarded a  new £5m contract. The contract involved investment in new vehicles, new staff and infrastructure.

Whilst there was a huge benefit from the new contract the company had to fund the start up capital from cashflow.

DJB suggested re-finance as a simple solution and alternative to traditional bank lending.

A valuation of assets was obtained, a funder was sourced and the re-finance of 38 unencumbered assets was concluded swiftly ahead of the contract going live.

A simple solution and a satisfied customer.

Building long lasting business relationships

Asset finance sector growth supports economic recovery

Released on 4 April 2014

Figures released today by the Finance & Leasing Association (FLA) show that asset finance new business was up by 12% in February 2014, compared with the same month last year.

Growth was broad-based and evident across a number of key asset sectors, with plant and machinery finance up 36%, business equipment finance up 14% and commercial vehicle finance seeing a rise of 22%.

Commenting, Geraldine Kilkelly, Head of Research Continue reading