asset finance Saudi Arabia

Asset based finance is a technique of providing working capital and loans that are secured by accounts receivable, stock, machinery, tools and / or your real estate. This class of investment is fantastic for startup companies, refinancing existing loans, financing growth, mergers and acquisitions, and management buy-outs (MBOs) and buy-ins (MBIs).

asset finance Saudi Arabia

An instance of asset-based finance would be purchase order financing which may perhaps be appealing to a business that has stretched its credit limits with vendors and has reached its lending facility at the bank. The failure to finance raw materials to fill all orders would leave a company operating beneath capacity. The asset-based lender finances the purchase of the raw material, and the purchase orders are then assigned to the lender. After the orders are filled, payment is completed to the lender, and the lender then deducts its expenses and fees and remits the surplus to the business. The disadvantage of this type of financing, however, is the high interest typically charged - which can be as high as prime plus 10%.

asset finance Saudi Arabia

We like to assume a more capitalist idea of the label "assets". So our bankers may perhaps be of the same opinion that your tangible and intangible assets can allow you ample borrowing power for your business.

Even if your existing bank thinks another way.

Because every corporation has an exclusive set of issues, solutions are based on a mixture of asset based finance, cash flow or equity finance. Typically, it would be for raising finance between $2m and $30m. And solutions are provided on both a revolving and fixed term basis.

What's in it for me then?

Continuity of funding is certain.
You keep command of your business, since that is what you do best.
We sculpt the facility to fit. Because that is what we do best.

asset finance Saudi Arabia

Am I eligible?

Asset based finance could fit:

Businesses that really need some ready funds. Conceivably you are considering a management buy-out, a buy-in, streamlining, acquisition, refinancing or turnaround opportunity.
Businesses recognized for at least a year with turnovers from $5m up to $200m.

Contrasting other finance, factoring is available against your invoicing and not your domicile or your business but you will require a business plan.

asset finance Saudi Arabia

So what do I do?

Compose a business plan and send it to us and we will ensure that your business receives the correct financing and in a way that relieves you of so much administration, stress and headaches.

It does not matter what your business does
It does not matter where your business is
It does matter that you get the right finance for your business
Write your business plan and contact us

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