Reliance Financial Contracts is a trading style of Close Asset Finance Limited

Refinance/Sale and Leaseback

Reliance Financial Contracts are able to release funds the customer may have tied up in vehicles and machinery, by offering to re-finance them.

Often the banks may tighten up on overdraft and other facilities and the business user struggles for available capital. At the same time that they are facing these concerns, they may have ample capital tied up in assets they already own outright or just have small balances owing on.

Reliance Financial Contracts will release this equity back to the customer.

Often clients have set residual values on their agreements and when the residual value / balloon payment becomes due, they do not have the available funds to settle in one lump sum. Again, we can re-finance the vehicle and settle the balloon and the customer's payments are re-spread over another two or more years, making them affordable.

Please contact us for further information