Refinancing Business Assets in Ireland: Unlock Cash from Your Equipment
If your business owns valuable equipment or vehicles, you may be sitting on a powerful source of working capital. Refinancing business assets is a smart and flexible way for Irish SMEs to unlock cash tied up in existing equipment — giving you the freedom to invest, expand, or manage your cash flow more effectively.
At Vendor Finance, we specialise in helping Irish businesses refinance assets like trucks, machinery, and equipment. Whether you’re looking to raise funds for growth or simply improve day-to-day liquidity, asset refinance could be the solution.
What is Asset Refinance?
Asset refinance allows you to release equity from business equipment that you already own — either outright or with some value remaining after initial finance. You borrow against the value of assets like trucks, vans, machinery, or similar assets while continuing to use them in your business.
This is not just a loan — it’s a finance strategy that uses your existing assets to raise capital without impacting ownership or daily operations.
Benefits of Refinancing Business Assets
There are several reasons Irish businesses choose to refinance:
- Unlock Working Capital
Free up cash to support operations, pay suppliers, or cover short-term gaps. It’s a quick and effective way to improve cash flow without new debt.
- Fund Equipment or Vehicle Purchases
Use asset refinancing to raise a deposit or full amount for purchasing new or specialist equipment — including imports.
- Restructure or Consolidate Debt
Refinancing can help reduce monthly repayments by consolidating multiple agreements into one manageable plan.
- Extend the Life of Useful Assets
If you own equipment that’s still in good condition, refinance it and spread the cost of continued use over a new term.
🚛 Customer Success Story: Truck Refinance Funds New Specialist Vehicle
A client in the logistics industry recently contacted us with an opportunity to purchase a unique specialist crane truck from Sweden to expand into vehicle recovery contracts. The vehicle was ideal, but the capital required was significant.
We helped them refinance an existing truck in their fleet, unlocking the funds needed to purchase the new vehicle. Within days, the finance was in place, and the new truck was collected from Sweden and brought into operation.
This strategic move allowed them to win a new long-term contract — all without touching their cash reserves. It’s a perfect example of how refinancing business assets in Ireland can drive business growth.
What Can You Refinance?
We can help refinance a wide range of assets, including:
- Trucks and commercial vehicles
- Plant and construction machinery
- Agricultural equipment
- Manufacturing and production machinery
If your asset holds value and is business-critical, it could be eligible for refinancing.
Is Asset Refinancing Right for Your Business?
Refinancing may be the right option if your business:
- Owns equipment with equity
- Needs fast access to cash
- Is expanding and needs to invest in new assets
- Wants to restructure existing finance
- Refinance business asset to provide equity to purchase new assets
It’s suitable for all types of businesses — from sole traders to large companies — and the process is similar to a regular finance application only that the finance company needs to provide a valuation on the asset being re financed.
Why Choose Vendor Finance?
At Vendor Finance, we work with a broad panel of funders to offer competitive rates, fast approvals, and tailored solutions. We understand Irish businesses and know how to structure asset refinance deals that make sense.
You’ll get a dedicated advisor who will guide you through the process, assess your current assets, and offer the best refinancing solution for your goals.
Looking to refinance your business assets in Ireland?
Whether it’s a truck, digger, van, or production machine — we can help you unlock the cash you need to move your business forward.
📞 Contact us today or fill out our callback request form and let’s talk about what’s possible.
Unlock Equity in Your Assets Now info@vendorfinance.ie
