business equipment lease

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

business equipment lease

A case of asset-based finance would be purchase order financing which may possibly be desirable 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 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. Subsequent to the orders being filled, payment is completed to the lender, and the lender then deducts its costs and fees and remits the surplus to the company. The disadvantage of this type of financing, however, is the high interest typically charged - which can be as high as prime plus 10per cent.

business equipment lease

We like to obtain a more commercial idea of the expression "assets". So our bankers may be of the same opinion that your tangible and intangible assets can permit you extensive borrowing capacity for your business.

Even if your current bank thinks another way.

Since every business has a unique set of issues, solutions are based on a combination 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, since that's what you do best.
We form the provision to suit. As that's what we do best.

business equipment lease

Am I eligible?

Asset based finance could suit:

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

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

business equipment lease

So what do I do?

Put in writing 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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