Frequently Asked Questions
Can we refinance the equipment, machinery or commercial vehicles the business already owns?
Even if the items you want to refinance may be relatively worthless, as long as we are happy with the security offered, your financial position and general credit worthiness you may still get an offer of funding.
What items will ABF fund the purchase for or re-finance?
Most equipment, machinery and vehicles can be refinanced no matter what its age. In certain situations livestock may be used to ‘top up’ your security.
How long are the agreements for?
Agreements run from 6 months to 10 years.
What information do I need to supply in my application?
How long does approval take?
What can I use the money for when refinancing any equipment the business owns?
What security will be required to support the finance agreement?
Who looks after the goods?
How do I pay the monthly payments?
What is the VAT situation?
Your monthly lease payments have VAT applied at the standard rate, you will be able to claim this VAT back as long as your business is VAT registered.


Can we refinance the equipment, machinery or commercial vehicles the business already owns?
Even if the items you want to refinance may be relatively worthless, as long as we are happy with the security offered, your financial position and general credit worthiness you may still get an offer of funding.
What items will ABF fund the purchase for or re-finance?
Most equipment, machinery and vehicles can be refinanced no matter what its age. In certain situations livestock may be used to ‘top up’ your security.
How long are the leases for?
What information do I need to supply in my application?
How long does approval take?
What can I use the money for when refinancing any equipment the business owns?
What security will be required to support the finance agreement?
Who looks after the goods?
How do I pay the monthly payments?
What is the VAT situation?
Your monthly lease payments have VAT applied at the standard rate, you will be able to claim this VAT back as long as your business is VAT registered.