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Reading: Close Brothers’ refinance offering releases equity and helps businesses grow
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routeone > Suppliers > Close Brothers’ refinance offering releases equity and helps businesses grow
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Close Brothers’ refinance offering releases equity and helps businesses grow

routeone Team
routeone Team
Published: April 4, 2017
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Close Brothers Asset Finance (CBAF)’s flexible refinance product allows UK SMEs to raise working capital in order to ease cash flow constraints or invest in the future.

Whether the assets are owned outright or are currently under an existing finance agreement, CBAF will work with SMEs to unlock equity to get the most from our refinance facility, based on the asset’s value.

Benefits of Refinancing:

  • Efficiency – uninterrupted use of the asset
  • Spread the cost further – CBAF can take over existing finance agreements with other providers and extend the term
  • Choice – gives businesses a cash injection, which can be used to buy other assets that may not be accessible through hire purchase or leasing agreements.

John Fawcett, CEO of CBAF Transport Division, says: “With our refinance product SME’s can unlock funding and use this capital where needed.”

For more information on this Refinance product, call 0203 393 9963 or visit www.closeassetfinance.co.uk/refinance 

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