We offer unregulated Hire agreements secured on property.  We do NOT offer loans and do NOT offer regulated consumer agreements.

Bluerock Secured Finance is a market leader in secured asset re-finance solutions. We unlock the capital in any old equipment, machinery or vehicles to raise funds for your business via a sale and hire back.

By releasing cash locked in your assets we ensure the stability of your business. For example, you can use the funds to enable swift recovery from bad debt or financing balloon payments on existing loans. The capital released can help to repay bank overdrafts or reduce monthly payments on existing hire purchase or lease agreements. You can also use the fresh injection of working capital to fund expansion plans and stimulate further growth and development.

Advances range from £10,000 to £1 million, Asset refinance (sale and lease back) is facilitated on a hire or hire purchase agreement with repayment terms ranging from a minimum term of 12 months up to 5 years. Repayment profiles can be tailored to meet your individual business requirements, taking seasonality into account.

Could secured asset refinancing benefit your company?

This is an area of asset finance which is extremely popular and offered by most high-street lenders, it is a very effective financial tool for raising capital for your business and injecting cash flow.

If your company owns assets such as equipment, machinery, property, technology, software or any fixtures and fittings you can sell them to the finance company who will pay you the agreed invoice price for the assets taking into account other security given to support the refinance agreement.  You continue to use this assets/equipment as before and pay the finance company the regular agreed monthly payments shown on the offer and finance agreement.

Asset refinance can make a company more flexible by allowing it to react to a change in market conditions or respond to a financial problem such as a bad debt. It can also help to free up capital so that a firm can take advantage of a new business opportunity or help with a start up.

When refinancing assets a finance agreement is signed between the customer and the lessor/finance company.   Repayments are made over a fixed period of time at monthly intervals and the monthly payments are fixed.  The exact terms of each agreement may be different and it may be possible to negotiate non-standard terms with a lessor. Asset refinancing companies will usually try to be flexible as it is a competitive market and many finance companies offer this product.

When using asset refinance, you will end up paying more than the original price of the asset and more than the amount you sold the goods to the finance company for over the term of the arrangement, in addition if you decide to settle the agreement early you will be liable to pay all the contractual payments which would have fallen due if the agreement was not settled, including any notice period.  No discount is given on settlements, however you will not be charged any extra settlement penalties either.  With its high tax advantages and tax relive available (subject to your situation) asset refinancing it is fast and relatively low cost way to raise funds though and the benefits of refinance often outweigh the extra cost involved.

We do NOT offer business loans.  We offer secured unregulated asset refinance and asset finance agreements. The agreement needs to be supported by personal guarantees and legal charges against personal property of any guarantor or other individual willing to support your business by providing security and as explained below.

If your business accepts any offer of finance we make, it will usually be required to provide the details of third parties who are officers of and actively involved in the business, willing to provide personal and/or corporate guarantee(s) to support the finance agreement .In addition, dependent on the type of agreement and amount financed and the credit status, we will require a legal charge over your residential property and/or business property and/or any guarantor’s residential property. Any such charge cannot be removed until the agreement is settled and while it exists you may be unable to remortgage.

A Security Release Fee is payable equivalent to 10% of the price of the goods sold and hired back under the agreement for each charge registered and must be paid in addition to all other sums payable under the agreement before the charge(s) will be released.

You can settle our agreements early and there are no additional penalties for doing so, however, you will pay exactly the same amount whether you settle the agreement early or if you let the agreement run it’s full term.  The settlement calculation is simply, all the contractual payments that would have fallen due (had the agreement not been settled early and the required 3 months notice period given to terminate)  added together plus any special  risk fees (payable if you have not provided evidence acceptable to us of insurance of the goods) and any other fees shown clearly in the agreement and which we have highlighted below but with no discount for early settlement.

As we have already explained, the finance offered will not be a loan but instead will be a hire arrangement. The hire agreement will not be cancellable and will provide for hiring to be for a minimum primary term after which it can be terminated only by you giving us a notice period of 3 months to terminate. Unless or until that 3 months notice has been given and expires the hiring will continue for a secondary term until the notice period ends. At the end of the hiring you may be given an option to regain title to the goods by purchasing them from a third party.

The hire agreement does not have an interest rate as it is NOT a loan. The easiest way to work out what you will pay back is to add up all your payments due including the fees stated in the agreement.  We recommend you request & review all our documents prior to entering into any finance agreement.  We do not give tax advice and hold no responsibility for the accuracy of any tax or equivalent interest rate assumed by you, so you should seek independent expert taxation advice from your accountant for verification on potential tax relief relating to your specific situation.

Once a finance agreement has been signed there is no cooling off period.  If you are vat registered, you may claim the vat back on the monthly payments and you will also have a vat liability upon receipt of the initial sales proceeds.

Potential fees and charges on the agreement:

Arrears fees
If you miss your monthly payment.

Bi Annual maintenance fee
A Half Yearly Management Fee of £195 plus vat is payable every six months from the date of the Agreement until the agreement ends .

Document Fee
A one-off document fee is charged at the start of the agreement

Primary Rentals
Primary rentals are the monthly payments you are paying on the agreement for the period shown on your agreement

Secondary rentals
Secondary rentals continue unless or until you give us at least three months written notice to terminate and such notice will not take effect and start to run until the Primary Period has elapsed even if it is given earlier

Security Fee
You must also pay a Security Fee equivalent as a prior condition when you are otherwise entitled to have any debenture, legal charge or unilateral notice we have registered, removed or released.

Special Risk Fee
You must insure the Goods on the finance agreement so that they are covered throughout the term. You must provide us with proof of insurance prior to pay-out of the finance transaction.  If you fail to provide Proof of Insurance and on time, we will automatically charge an increased Special Risks Fee and give you notice that the increase will remain until you have provided Proof that the goods are insured. The Special Risks Fee incurred during any period when you fail to provide Proof of Insurance will not be refundable under any circumstances. The increased Special Risks Fee will stop immediately once you prove the goods are insured.

We advise you to review terms, charges and fees on our agreements before you commit to anything.


  1. Placing a default on the customer’s credit file; or
  2. Instructing repossession agents to repossess the goods hired.
  3. Appointment of a Receiver over the  property charged or issue of court proceedings to enforce the right to possession and sale of the property under the terms of the legal charge;

If you experience payment issues or your business stops trading, we strongly advise you to contact our customer services/collections department straight away who will try to help you and work with you.