Funding for
Equipment and plant funding
A piece of plant or equipment is available now — a private sale, an auction lot, an end-of-run discount or a replacement you can't keep trading without — but the cash is tied up in property and a dealer or asset financier can't verify and settle inside the window. Releasing equity from property your company or trust already owns funds the purchase in days, with no refinance of your existing mortgage.
Indicative only — subject to assessment. Placeholder figures.
When an equipment purchase needs cash you can’t free up in time
A piece of plant, machinery or equipment is available now — a private sale, an auction lot, an end-of-financial-year run-out, or a replacement you can’t keep trading without. The price is right, but the window is short and the cash is tied up in property your company or trust already owns. A dealer’s finance or an asset financier can take time to verify the asset and the seller, ask for full financials, and settle — and on used, imported or specialised gear they may price it up or decline it outright. The purchase doesn’t wait for any of that.
How equity release funds the purchase
A second mortgage behind your existing mortgage — or a caveat where the window is tight and speed matters more than term — releases equity from property the business already owns, with no refinance of your first facility and no disturbance to its rate. The funds buy the equipment outright, so you can move at the speed of a cash buyer. We assess the equity in the property and your exit, not your income, so a thin or recent trading history doesn’t stop a clean deal. The exit is usually the equipment earning its keep, a planned refinance, or — commonly — rolling the short-term facility onto cheaper equipment finance once the asset is installed and the paperwork is in order.
When this works — and when dedicated equipment finance is cheaper
For new, mainstream equipment with strong resale and full financials behind it, a chattel mortgage or hire purchase secured against the asset itself is usually the cheaper structure, and we’ll say so. Equity release earns its place in the cases that route doesn’t serve well: used, imported, auction or single-purpose plant that an equipment financier discounts or declines; a buying window that closes before an asset financier can settle; a mixed bundle, or install, fit-out and working capital around the purchase that asset finance won’t cover; or a business that has the property equity but not the financials a chattel-mortgage provider wants. The honest test is whether the equipment genuinely earns its keep. Borrowing against the property base to buy plant that then sits idle only enlarges the downside — if that is the risk, your accountant is the first call.
What we’ll need to start
The address and rough value of the property, the balance on your existing mortgage, what you’re buying and for how much, and your exit. Light documents only — a council rates notice, photo ID and a current mortgage statement — and we come back with indicative terms quickly, subject to assessment.
- A business buying equipment an asset financier is too slow to fund in the window
- Used, imported, auction or specialised plant that won't attract good equipment-finance terms
- Buying a mixed bundle, or funding install, fit-out or working capital around the purchase
- Companies or trusts with equity in property and a clear exit
- New, mainstream assets dedicated equipment finance will fund more cheaply (we'll say so)
- Equipment that won't earn its keep — borrowing against the property base to buy idle plant
- Owner-occupier consumer borrowers (business-purpose only)
- Anyone without a realistic repayment or refinance exit
How it compares
FAQ
Isn't dedicated equipment finance cheaper?
Usually, yes — for new, mainstream equipment with full financials, a chattel mortgage or hire purchase against the asset itself is the cheaper structure, and we'll tell you when that's the better route. Equity release earns its place when the asset is used, specialised, or you need to move faster than an asset financier can settle.
Is the equipment the security?
No. The security is property your company or trust already owns. That is what lets us fund used, imported or specialised gear that dedicated equipment finance may decline or price up.
Can I refinance onto cheaper equipment finance later?
Often, yes. A common path is to buy now with equity release, then refinance onto a chattel mortgage once the asset is installed and the paperwork is in order. We structure the short-term facility with that exit in mind.
How fast can it settle?
Often within days once we have the security details and a clear exit — fast enough for a private sale or auction window.
Do I need full financials?
No. We assess the equity in your property and your exit, not your income, so a thin or recent trading history doesn't stop a clean deal.
Fund the purchase.
The amount, the asset and the timeframe. We’ll review and come back to you fast.
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