construction equipment financing

Asset based finance is an approach of providing working capital and loans that are secured by accounts receivable, stock, 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).

construction equipment financing

An illustration of asset-based finance would be purchase order financing which may well be appealing to a company that has stretched its credit limits with vendors and has reached its lending capability at the bank. The failure to finance raw supplies 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 completed to the lender, and the lender then deducts its charges and fees and remits the surplus 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 10per cent.

construction equipment financing

We like to obtain a more capitalist observation of the label "assets". So our bankers may have the same opinion that your tangible and intangible assets can permit you significant borrowing capacity for your business.

Even if your existing bank thinks in a different way.

For the reason that every corporation has a distinctive 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 command of your business, since that's what you do best.
We figure the facility to fit. Because that's what we do best.

construction equipment financing

Am I eligible?

Asset based finance could suit:

Businesses that truly need some ready funds. 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 available next to your invoicing and not your dwelling or your business but you will need a business plan.

construction equipment 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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