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Asset based finance is a method of providing working capital and loans that are secured by accounts receivable, stock, machinery, tools and / or your real estate. This manner of investment is great 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 possibly be attractive to a company 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 company operating beneath 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 completed to the lender, and the lender then deducts its costs and fees and remits the balance to the business. The disadvantage 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 take a more entrepreneurial view of the label "assets". So our bankers might agree that your tangible and intangible assets can tolerate you considerable borrowing capacity for your business.

Even if your current bank thinks another way.

Since every corporation has a unique 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 guaranteed.
You keep direction of your business, because that is what you do best.
We sculpt the provision to suit. Since that is what we do best.

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Am I eligible?

Asset based finance could suit:

Businesses that genuinely need some ready cash. Conceivably you are considering a management buy-out, a buy-in, reshuffle, 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 secured next to your invoicing and not your domicile or your business but you will require a business plan.

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So what do I do?

Compose 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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