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

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An example of asset-based finance would be purchase order financing which may be desirable to a business that has stretched its credit limits with vendors and has reached its lending ability at the bank. The inability to finance raw materials to fill all orders would leave a business operating under capacity. The asset-based lender finances the acquisition 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 charges and fees and remits the balance 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 10%.

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We like to acquire a more entrepreneurial view of the label "assets". So our bankers may well be of the same opinion that your tangible and intangible assets can tolerate you considerable borrowing power for your company.

Even if your existing bank thinks another way.

Because every business has a distinctive set of issues, solutions are based on a mix 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 preserve command of your business, as that's what you do best.
We figure the provision to suit. Because that's what we do best.

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Am I eligible?

Asset based finance could suit:

Businesses that actually need some ready cash. Perhaps you are considering a management buy-out, a buy-in, streamlining, acquisition, refinancing or turnaround prospect.
Businesses established for at least a year with turnovers from $5m up to $200m.

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

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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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