Britannia AuctionsWhat if some of the equipment is on finance?
It belongs to the funder until it is settled, and it can only be sold with their agreement. Where they agree, the settlement figure is usually paid from the proceeds. Tell us what is on finance when we first speak so we can contact the funder early. Selling something that belongs to a funder without their agreement causes problems for you, and late disclosure is a common cause of delay in a closure sale.
This question comes up in
Turning the contents of a closing business into money before the lease ends and the keys go back.
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