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

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A case 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 facility 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. 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 10%.

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We like to acquire a more commercial view of the term "assets". So our bankers may be in agreement that your tangible and intangible assets can permit you extensive borrowing power for your company.

Even if your existing bank thinks in a different way.

As every company has an exclusive set of issues, solutions are based on a mixture 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 hold on to direction of your business, because that is what you do best.
We form the provision to fit. Since that is what we do best.

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Am I eligible?

Asset based finance could fit:

Businesses that especially need some ready capital. Maybe 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 domicile or your business but you will need a business plan.

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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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