home finance companies

Asset based finance is a process of providing working capital and loans that are secured by accounts receivable, inventory, machinery, tools and / or your real estate. This type 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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An example 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 materials 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. Subsequent to the orders being filled, payment is made to the lender, and the lender then deducts its costs and fees and remits the surplus to the company. The drawback of this type of financing, however, is the high interest typically charged - which can be as high as prime plus 10per cent.

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We like to acquire a more entrepreneurial idea of the term "assets". So our bankers might be of the same opinion that your tangible and intangible assets can tolerate you extensive borrowing power for your company.

Even if your present bank thinks in a different way.

Since every corporation has an exceptional 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 preserve command of your business, because that's what you do best.
We form the provision to fit. Since that's what we do best.

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Am I eligible?

Asset based finance could fit:

Businesses that sincerely need some ready capital. Perhaps you're considering a management buy-out, a buy-in, restructuring, acquisition, refinancing or turnaround prospect.
Businesses well-known for at least a year with turnovers from $5m up to $200m.

Contrasting other finance, factoring is protected against your invoicing and not your house 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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