equipment loan

Asset based finance is a technique 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 great for startup companies, refinancing existing loans, financing growth, mergers and acquisitions, and management buy-outs (MBOs) and buy-ins (MBIs).

equipment loan

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

equipment loan

We like to assume a more industrial observation of the term "assets". So our bankers might have the same opinion that your tangible and intangible assets can tolerate you substantial borrowing clout for your business.

Even if your current bank thinks differently.

Since every business 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 assured.
You preserve command of your business, since that's what you do best.
We figure the facility to fit. As that is what we do best.

equipment loan

Am I eligible?

Asset based finance could fit:

Businesses that truly need some ready cash. Conceivably you're considering a management buy-out, a buy-in, reshuffle, acquisition, refinancing or turnaround opportunity.
Businesses recognized for at least a year with turnovers from $5m up to $200m.

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

equipment loan

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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