commercial leasing companies

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 form of investment is fantastic for startup companies, refinancing existing loans, financing growth, mergers and acquisitions, and management buy-outs (MBOs) and buy-ins (MBIs).

commercial leasing companies

An illustration of asset-based finance would be purchase order financing which may possibly be appealing 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 company operating under 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 made to the lender, and the lender then deducts its costs and fees and remits the surplus 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%.

commercial leasing companies

We like to take a more industrial observation of the term "assets". So our bankers may be in agreement that your tangible and intangible assets can tolerate you extensive borrowing clout for your business.

Even if your existing bank thinks another way.

Because every corporation has a distinctive 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 assured.
You preserve direction of your business, since that is what you do best.
We contour the facility to fit. As that's what we do best.

commercial leasing companies

Am I eligible?

Asset based finance could fit:

Businesses that genuinely need some ready money. Maybe you are considering a management buy-out, a buy-in, reorganization, acquisition, refinancing or turnaround opportunity.
Businesses recognized for at least a year with turnovers from $5m up to $200m.

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

commercial leasing companies

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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