Refurbishment Finance

Refurbishment Finance for UK Businesses

Whether you're upgrading existing premises, modernising facilities, or giving your business a fresh new look, refurbishment finance can provide the funding you need to transform your space, without impacting day-to-day cash flow.

We support businesses across many industries, including retail, manufacturing, education, healthcare and many others. No matter the size of your business, or the type of refurbishment project, we can help you access the finance required to make it happen.

What is refurbishment finance?

Refurbishment finance is a flexible funding solution that allows businesses to renovate or upgrade their commercial premises over time, rather than paying a large amount upfront. From cosmetic improvements to full-scale structural alterations, refurbishment finance can help cover the costs of labour, materials, and specialist services.

By financing your refurbishment, you can make improvements that add long-term value to your business, while preserving working capital for other operational needs. It’s an effective way to invest in your space, maintain business continuity, and spread the cost in a manageable way.

Whether you're changing the layout, improving accessibility, or modernising the space, refurbishment finance gives you the support you need to deliver your project on time and within budget.

What finance options are available with refurbishment finance?

Unsecured business loans: This loan type is approved based on the business’ creditworthiness rather than being secured to an asset or property. This solution is suited to businesses who are asset light or do not want to use their assets as security against a loan. Unsecured loans typically have no early repayment fees, ensuring flexibility for different businesses.

Hire purchase: This type of finance allows you to purchase a new asset or piece of equipment, without having to make a large payment upfront. After paying for the deposit, a series of monthly payments are made over the course of the agreement, and by the end of the term, you will become the owner of the asset.

Finance lease: A finance lease is a long-term rent for an asset, with you having responsibility for the asset’s maintenance. Throughout the term, you have complete operational use of the asset, and once the agreement is finished, you either hand back ownership or you can apply for an extension.

Benefits of refurbishment finance

• Protect cash flow
• Tailored repayment terms
• Minimise disruption to projects
• Working capital injection
• Early repayment with unsecured lending
• Quick application process
• VAT deferral for hire purchase
• Refinancing available
• Fixed repayment for budgeting

How long does it take to secure refurbishment finance?

The process of arranging refurbishment finance is typically quick and efficient. Once you’ve submitted the necessary documentation, including business accounts, project plans, and bank statements, approval can often be secured in 24 to 72 hours.

To help keep things moving, our team will guide you through each step of the process, ensuring your application is handled smoothly and you can begin work.

Applying for refurbishment finance

MAF Finance Group can compare offerings from a large selection of banks and funders, ensuring you receive the most suitable funding option.

If you would like to get a quote or want further information, simply fill out the form below, if you would like to speak to us directly, call us on 0115 958 6872, and a member of our team will happily speak to you. Alternatively, email us at [email protected].