What is sale and lease back?
In this funding solution your business buys an asset, then sells it to and leases it back from us. There are many benefits and it’s less complicated than it sounds.
By selling a high-value asset and leasing it back, you unlock the capital it holds for use elsewhere while still retaining exclusive possession for a guaranteed period of time. If you are looking to maximise the performance of your vehicle fleet, machinery, or other equipment assets, sale and lease back could be for you.
Who is suitable for sale and lease back?
From our experience, this type of finance is the perfect solution for businesses who are asset rich but cash poor, and who are looking for a working capital boost for growth or expansion without wanting to take out a conventional loan or part with equity. You are absolved of some of the logistical hassle of asset ownership, too. A fully managed lease removes maintenance costs, and all sale and lease back arrangements remove depreciating assets from your balance sheet, making financial forecasting easier.
In terms of what qualifies as an asset suitable for sale and lease back, this can be any tangible, high-value item. Fleet vehicles, machinery, and equipment are all potentially suitable. We will work with you to understand which assets you have, and how they can be made to perform better. As an Access Commercial Finance customer you also stand to enjoy:
No limitations on how you use the money
Fixed interest rate and no hidden fees
Same day decisions
Less than ideal financial histories considered
Weekly or monthly repayments
Applications accepted from any industry