asset finance training

Asset based finance is a process of providing working capital and loans that are secured by accounts receivable, inventory, machinery, equipment and / or your real estate. This nature of funding is great for startup companies, refinancing existing loans, financing growth, mergers and acquisitions, and management buy-outs (MBOs) and buy-ins (MBIs).

asset finance training

An example of asset-based finance would be purchase order financing which may possibly be attractive to a company that has stretched its credit restrictions with vendors and has reached its lending power at the bank. The failure to finance raw supplies to fill all orders would leave a company operating under 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 made to the lender, and the lender then deducts its costs and fees and remits the surplus to the business. The trouble of this type of financing, however, is the high interest typically charged - which can be as high as prime plus 10per cent.

asset finance training

We like to take a more industrial view of the expression "assets". So our bankers may well be of the same mind that your tangible and intangible assets can allow you extensive borrowing power for your business.

Even if your existing bank thinks differently.

For the reason that every company has a distinctive set of issues, solutions are based on a blend 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 secured.
You hold on to command of your business, as that's what you do best.
We shape the provision to suit. Because that's what we do best.

asset finance training

Am I eligible?

Asset based finance could fit:

Businesses that especially need some ready funds. Perhaps you're considering a management buy-out, a buy-in, reorganization, acquisition, refinancing or turnaround prospect.
Businesses established for at least a year with turnovers from $5m up to $200m.

Contrasting other finance, factoring is protected next to your invoicing and not your dwelling or your business but you will require a business plan.

asset finance training

So what do I do?

Write 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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