Business funding to suit your needs
Business sale and lease back explained
Do you own business assets which are unencumbered?
If so are you also looking to release cash to help with business improvements or an unexpected bill? Excel-a-Rate may have the perfect solution for you?
Sale and leaseback involves a contractual arrangement between Excel-a-Rate and you as the owner of the asset. You sell the asset to Excel-a-Rate then lease it back from us for your own exclusive use.
The lease arrangement begins immediately after the sale of the asset is concluded with the agreed payment amounts and a specified lease period specified in the contract.
A sale and lease back arrangement is useful when businesses need to unlock capital tied up in assets for other business purposes without losing the use of the asset in question.
Contact us today for a no obligation consultation about your business finance options.