eagle asset finance

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

eagle asset finance

An example of asset-based finance would be purchase order financing which may perhaps be appealing to a company that has stretched its credit limits with vendors and has reached its lending power at the bank. The failure to finance raw supplies to fill all orders would leave a company operating under capacity. The asset-based lender finances the purchase 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 costs and fees and remits the balance to the company. The weakness of this type of financing, however, is the high interest typically charged - which can be as high as prime plus 10%.

eagle asset finance

We like to assume a more capitalist idea of the label "assets". So our bankers might be in agreement that your tangible and intangible assets can allow you sizeable borrowing capacity for your company.

Even if your current bank thinks differently.

For the reason that every corporation has a unique set of issues, solutions are based on a blend 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 maintain control of your business, since that is what you do best.
We mold the facility to suit. Because that is what we do best.

eagle asset finance

Am I eligible?

Asset based finance could fit:

Businesses that thoroughly need some ready money. Possibly you're considering a management buy-out, a buy-in, reorganization, acquisition, refinancing or turnaround prospect.
Businesses well-known 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 require a business plan.

eagle asset finance

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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