Machine Refinance

Published April 1, 2020

If you think you may need additional funding over the next few months then why not consider machine refinance? It is quick and easy to arrange.

If this is something you feel you may need then it may be better to apply as soon as possible. Lending criteria may be tightened and if there is a significant downturn shown in business accounts then this may make it more difficult to secure funding on the right terms. Furthermore a downturn in the market may reduce asset valuations restricting the amount that can be raised against a machine.

It may be possible to obtain assistance with machine refinance utilising the Coronavirus Business Loan Interruption Scheme. We are just waiting for clarification.

If you would like to talk over the options then please give me a call on 07984 826082.

I look forward to hearing from you.

Keith Pallett

Posted in Coronavirus Support