ge capital equipment finance

Asset based finance is a technique of providing working capital and loans that are secured by accounts receivable, stock, machinery, equipment 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).

ge capital equipment finance

A case of asset-based finance would be purchase order financing which may perhaps be attractive to a business that has stretched its credit limits with vendors and has reached its lending ability 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 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 costs and fees and remits the surplus to the business. The drawback of this type of financing, however, is the high interest typically charged - which can be as high as prime plus 10per cent.

ge capital equipment finance

We like to obtain a more industrial idea of the label "assets". So our bankers may be of the same opinion that your tangible and intangible assets can permit you extensive borrowing clout for your company.

Even if your present bank thinks another way.

For the reason that every corporation has an exclusive 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 secured.
You hold on to command of your business, since that's what you do best.
We mold the provision to suit. Because that's what we do best.

ge capital equipment finance

Am I eligible?

Asset based finance could suit:

Businesses that especially need some ready capital. Conceivably you are considering a management buy-out, a buy-in, reshuffle, acquisition, refinancing or turnaround prospect.
Businesses recognized for at least a year with turnovers from $5m up to $200m.

Unlike other finance, factoring is protected against your invoicing and not your abode or your business but you will require a business plan.

ge capital equipment finance

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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