Asset Refinance
Unlock the cash tied up in your existing assets!
Having access to cash is crucial for navigating challenges and seizing opportunities.
Propel offers Asset Refinance, allowing you to unlock the cash tied up in your existing business assets such as vehicles, machinery and equipment.
Discover more below!
How Asset Refinance Works:
Assess your assets
Identify the business equipment, plant and machinery, or vehicles that you own that hold untapped value.
Agree on value
We'll work closely with you to determine the fair market value of your assets. We then purchase these assets from you at the agreed value.
Immediate cash injection
After the purchase, you simply receive a lump sum, providing you with immediate access to much-needed capital.
Invest in your business
Use the funds generated from Asset Refinance to smooth out cash flow, drive expansion, make acquisitions, or invest in other business needs.
Fixed monthly payments
We finance the assets back to you for a fixed monthly payment, enabling you to budget with confidence.
Retain Usage
You continue to benefit from the efficiency and productivity of using the assets, ensuring there is no disruption to your business operations.
Advantages of Asset Refinance
Unlock cash
Turn your business assets into cash quickly, easily and cost-effectively.
Business Investment
Utilise the funds generated to drive your business forward, smoothing out cash flow, funding expansion plans, or seizing strategic acquisition opportunities.
Exclusive use
Continue to benefit from using your assets without any disruption to your business operations.
Budget with confidence
Fixed, affordable payments make financial planning straightforward and predictable.
Refinance options
Refinance a single asset or multiple assets to increase your working capital and support your expansion strategies.
