business financing

Asset based finance is a means of providing working capital and loans that are secured by accounts receivable, inventory, machinery, equipment and / or your real estate. This manner 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 financing

An example of asset-based finance would be purchase order financing which may possibly be attractive to a business that has stretched its credit restrictions with vendors and has reached its lending facility at the bank. The failure to finance raw supplies to fill all orders would leave a business operating beneath capacity. The asset-based lender finances the acquisition 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 expenses and fees and remits the balance to the company. The trouble of this type of financing, however, is the high interest typically charged - which can be as high as prime plus 10%.

business financing

We like to obtain a more capitalist idea of the label "assets". So our bankers may perhaps be in agreement that your tangible and intangible assets can tolerate you significant borrowing power for your company.

Even if your present bank thinks differently.

Since every business has a distinctive 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 preserve command of your business, because that is what you do best.
We structure the provision to suit. As that is what we do best.

business financing

Am I eligible?

Asset based finance could fit:

Businesses that really need some ready funds. Perhaps you're considering a management buy-out, a buy-in, shake-up, acquisition, refinancing or turnaround opportunity.
Businesses recognized 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 abode or your business but you will need a business plan.

business financing

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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