A specialist engineering company based in South Wales approached MacManus Asset Finance Ltd for support with asset refinance.
We have worked with this South Wales engineering business since 2017, arranging multiple facilities to support its growth. With an established relationship and clear understanding of their funding structure, we were well positioned to advise on the most suitable business funding solution.
The company operates within a highly technical sector, relying on specialist equipment and plant to deliver precision engineering services across South Wales and the wider UK market.
The Challenge
The client required improved cash flow to support ongoing operational commitments and maintain working capital flexibility.
While the business remained profitable, capital was tied up in existing assets. Releasing value from those assets without disrupting operations was the priority.
As an engineering firm in South Wales, maintaining uninterrupted access to plant and machinery is essential. Selling equipment was not an option. The business instead required a structured asset refinance solution that would unlock capital while retaining full use of its equipment.
Speed and certainty were also important. The client wanted a smooth process, minimal administrative burden, and a lender that understood the engineering sector.
The Solution
MacManus Asset Finance arranged a £33,000 asset refinance facility tailored to the client’s requirements.
By leveraging our knowledge of the South Wales engineering market and our panel of over 60 lenders, we identified a finance provider aligned with the client’s trading history and sector profile.
The refinance facility enabled the business to release capital from existing assets through a structured asset finance agreement. The funding was arranged efficiently, with clear communication throughout the process.
Because of our longstanding relationship with the client, we were able to present a strong proposal to the lender. This ensured a streamlined approval process and competitive commercial finance terms.
The structure allowed the engineering company to continue using its equipment without disruption, while improving short-term liquidity. Where appropriate, we also discussed alternative structures including hire purchase and leasing, ensuring the client fully understood all available options.
Our consultative approach meant the solution was aligned not just to the immediate funding requirement, but also to the company’s longer-term plans in South Wales.
The Outcome
The £33K asset refinance provided immediate working capital support for the South Wales engineering business.
By unlocking funds tied up in equipment, the company strengthened its cash flow position without affecting day-to-day operations.
The client retained full operational control of its machinery while benefiting from a structured repayment plan suited to its trading cycle. This approach preserved capital for other strategic priorities, including future plant and machinery finance needs.
As a returning client, the business valued the continuity, transparency, and sector knowledge provided by MacManus Asset Finance. Our understanding of their history meant the process was straightforward and professionally managed from enquiry to completion.
This case demonstrates how asset refinance can be an effective commercial finance tool for engineering firms in South Wales looking to improve liquidity without raising unsecured debt or disposing of key assets.
Ready to Make Asset Finance Work for Your Business?
Partner with MacManus Asset Finance Ltd, an independent broker established in 2005, helping UK SMEs access tailored finance solutions. Our friendly, professional, and consultative team works across all industries and can guide you through hire purchase, leasing, and finance lease options. With access to over 60 finance companies and full FCA authorisation, we ensure your business finds the right solution for growth.
