Best Asset Finance / Guides / Asset refinance and sale and leaseback explained
Guide · reviewed 11 November 2026
Asset refinance and sale and leaseback explained
Answer in brief
Asset refinance releases cash from equipment or vehicles your business already owns. The lender buys the asset or lends against it, and you keep using it while you repay. It's useful for raising working capital, but you're borrowing against assets that are currently debt-free, so compare it with other options.
How it works
A valuer assesses what your assets are worth. The provider advances a percentage of that value, then you repay over a fixed term. With sale and leaseback, the provider buys the asset and leases it back to you.
When it makes sense
- You need cash quickly and own valuable equipment outright
- You bought assets with cash and want to rebuild your reserves
- You want to fund growth without an unsecured loan
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