How is available equity estimated for asset refinance?

The practical answer

Start with the lender’s accepted asset value, then account for existing settlement and the new lender’s funding terms and charges.

For example, an asking price or original invoice is not necessarily the current accepted value. Even where value exceeds settlement, a lender may not advance the full difference.

Ask for a proposal showing gross funding, old-lender settlement, fees and net cash released. The amount the company receives can be much lower than the headline asset value.

What should I do next?

Have the asset details, supplier information and an outline of what the business needs ready. DCF can then discuss the requirement and identify which lenders may be suitable.