business funding

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

business funding

A case of asset-based finance would be purchase order financing which might be alluring 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 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. Subsequent to the orders being filled, payment is made to the lender, and the lender then deducts its charges and fees and remits the balance to the business. The weakness of this type of financing, however, is the high interest typically charged - which can be as high as prime plus 10%.

business funding

We like to acquire a more entrepreneurial standpoint of the label "assets". So our bankers might have the same opinion that your tangible and intangible assets can permit you extensive borrowing power for your company.

Even if your existing bank thinks another way.

As every corporation has an exceptional set of issues, solutions are based on an assortment 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 guaranteed.
You preserve control of your business, because that's what you do best.
We figure the provision to fit. Since that is what we do best.

business funding

Am I eligible?

Asset based finance could fit:

Businesses that sincerely need some ready cash. Possibly you are 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 secured against your invoicing and not your dwelling or your business but you will require a business plan.

business funding

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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