Finance question
Can I refinance equipment I already own to free up cash?
Often yes. If you own equipment outright, you can raise cash against it through a sale and leaseback, where a lender advances funds against the gear and you keep using it. It turns value locked in machinery into working capital without selling anything for good. The asset itself secures the deal.
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The short answer
Cash out of gear you already hold
If your business owns machinery, vehicles or plant outright, that value does not have to sit idle. Refinancing it, usually through a sale and leaseback, lets a lender advance cash against the asset while you carry on using it. The equipment stays where it is and keeps earning, and the equity in it comes back to you as usable capital.
This is a clean way to raise money when the business is asset-rich but short on cash. Instead of taking on debt unrelated to anything you hold, you draw on value that is already yours. Businesses use it to cover a tax bill, fund growth, buy more gear, or bridge a slow period without selling productive equipment.
Because a real, owned asset secures the deal, it can often be arranged quickly and with light documentation. We run the asset and the amount you need across 40+ lenders, find the one comfortable with that type of gear, and shape the repayments around how your business actually earns.
Do you qualify?
What makes a refinance fundable.
Gear held clear
Equipment you own outright, or nearly, that carries real value.
A cash need
Tax, growth, stock or working capital to fund.
An asset still in use
Machinery, vehicles or plant you run day to day.
An active ABN
Sole traders and companies both qualify.
Why it beats selling up
You keep the asset
The gear stays in service and keeps earning while its value comes back to you.
Draw on your own equity
You use value already in the business rather than take on unrelated debt.
Fast and light
Secured by a real, owned asset, these deals can move on limited paperwork.
A real example
A transport operator owns two trucks worth around $140,000 between them, held clear. Rather than sell one to cover a large tax bill, a refinance releases most of that value as cash while both trucks stay on the road. Repayments are set to suit the run schedule. Illustrative only.
Common questions
Frequently asked questions
Do I have to sell the equipment for good?
No. A sale and leaseback advances cash against the asset and finances it straight back, so you keep using it the whole time.
Does the gear need to be owned outright?
Usually it should be held clear or close to it. The equity you hold in the asset is what the cash is drawn from.
What can I use the funds for?
Common uses are a tax bill, growth, buying more equipment, or steadying cashflow. It becomes working capital for the business.
How quickly can it be arranged?
Often quickly. Because a real owned asset secures it, these deals can move fast and on light paperwork, subject to lender assessment.