Explore business-purpose cash release against eligible existing assets, including unencumbered cars, trucks and machinery. Listed shares and physical gold may also be considered through lenders that accept those assets, under separate assessment and security arrangements.
Basic Finance Loans helps assess the asset, existing debt, funding requirement and repayment plan. Availability depends on lender criteria and the complete scenario.
Business-purpose funding only. No guaranteed amount, approval or settlement timeframe.
Purchase finance helps acquire equipment. Cash-out asset-backed lending considers an existing asset as security for a separate business funding requirement.
A truck, excavator or eligible machine may have value, but that does not mean its full value is available to borrow. The lender determines the accepted value and facility structure.
Our asset finance service covers eligible equipment and vehicle purchases. For vehicle-specific enquiries, explore vehicle-secured business finance.
Vehicles, machinery, listed shares and physical gold require asset-specific assessment. For property-backed funding and a broader security position, see secured business loans.
Own a car or truck outright, with no outstanding finance or other security interests? Basic Finance can help explore business-purpose funding against an eligible vehicle, releasing part of its accepted value without financing a new purchase.
The lender must verify ownership, existing security, age, condition and accepted value, as well as the repayment plan. Owning the vehicle outright does not guarantee approval or access to its full value. Confirm whether you can keep using it, where it must be kept and what insurance is required.
Business-purpose funding may also be considered against eligible listed shares or physical gold through lenders that accept these asset classes. These are separate funding pathways, not the same product or assessment as a vehicle-backed loan.
Ask which holdings or gold forms are eligible, how value is assessed, and what custody, control, transfer or storage arrangements apply. Confirm any restrictions on selling or accessing the asset, and what the agreement requires if its value falls. Do not assume a quoted market value is the amount available to borrow.
Each scenario is individually assessed. Accepted assets, advance amounts, costs, terms and security arrangements vary by lender. No approval, full-value advance or particular custody arrangement is guaranteed. This service is for business purposes, not personal expenses.
A useful proposal connects the asset to a defined business need and a repayment event. Here are three illustrative situations—not completed client transactions or promises of approval.
A contractor owns machinery but needs capital to start a new contract before the first progress payment.
The key question: when will the customer pay, and can the business manage a delayed certification or payment?
A business owns an eligible vehicle and needs to bridge a specific gap between a supplier payment and a customer receipt.
The key question: is this a temporary gap, or a recurring shortage that needs a different working-capital structure?
A business seeks interim funding while arranging the sale of an asset it no longer needs.
The key question: are the net sale proceeds and timing realistic? Any sale-linked structure requires lender confirmation.
Accepted value, the lender’s advance policy, existing finance, interest and fees all affect the amount you can actually use. An asking price or original invoice is not an accepted valuation.
The example shows deductions from a hypothetical approved facility. It does not imply an advance percentage, rate or available product.
Do not assume this is automatic. Possession, permitted use, insurance, inspections and any storage or tracking requirements depend on the agreed facility.
If the machinery earns the income needed to repay, continued access matters as much as the funding amount. Confirm the conditions before proceeding.
We do not promise a particular custody or tracking arrangement without lender confirmation.
1. Review the scenario. Establish the asset, owner, funding purpose and repayment plan.
2. Confirm the evidence. Identify valuation, ownership, existing security and borrower information needed.
3. Compare the proposal. Review net funds, total cost, term, asset-use conditions and security.
4. Clear the conditions. Funding depends on lender approval, documentation and satisfaction of settlement requirements.
Start with a summary. Do not send identity documents, tax file numbers or bank passwords through a general enquiry form.
Ask for net funds, total repayment, repayment frequency and interest treatment. Check applicable establishment, broker, valuation, legal, storage, tracking and exit charges—not every charge applies to every structure. Understand minimum interest, early repayment and default terms.
Security and enforcement rights depend on the documents and applicable law. Guarantees or additional security may extend the exposure beyond one asset. Obtain independent legal and financial advice where appropriate.
Existing finance does not automatically end the enquiry, but the payout and security position must be assessed. There may be insufficient net value after debt and costs.
No. The proposed funding is supported by an accepted asset. The lender determines the security and any additional requirements.
Requirements vary by lender and facility. We will explain what evidence is needed for your scenario rather than promise that no checks or documents are required.
There is no universal amount or guaranteed turnaround. Accepted value, existing debt, documentation, ownership checks, approval and cleared conditions determine the amount and timing.
No. This service is for eligible business-purpose funding. Read our business-purpose lending policy.
Identify the legal owner, existing finance and any security interests. Do not assume an asset is available just because the business uses it.
Start with an asset summary and current payout information; the required verification depends on the lender.
Compare the proposed cash release after payouts and costs with the actual business requirement. A facility that leaves a funding gap may not solve the problem.
Ask what changes if the accepted asset value is lower than your estimate.
Review repayments alongside operating costs and confirm the permitted use of the asset. If it earns your income, any restriction on access matters.
Explain what happens if the expected customer payment or asset sale is delayed.
Looking to restructure existing business debts using property instead? Explore our property-backed business loan refinance service. It is a different security pathway, not an interchangeable product.
Review payouts, usable equity and the questions to ask about keeping an income-earning truck in service.
Read the vehicle and fleet equity-release guideSee how accepted value, existing debt and costs affect the net cash released, including a worked valuation-shortfall example.
Read the equipment and machinery equity-release guideTell us what you own, what you owe, how much you need and how you intend to repay. We will identify the next evidence needed for a meaningful assessment.
An enquiry is not an approval or commitment to lend.
Request an asset-backed finance assessment