interest finance

Asset based finance is a means of providing working capital and loans that are secured by accounts receivable, stock, machinery, tools and / or your real estate. This variety of funding is fantastic for startup companies, refinancing existing loans, financing growth, mergers and acquisitions, and management buy-outs (MBOs) and buy-ins (MBIs).

interest finance

An instance of asset-based finance would be purchase order financing which might 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 materials to fill all orders would leave a business operating beneath 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 made to the lender, and the lender then deducts its costs and fees and remits the balance to the business. The weakness of this type of financing, however, is the high interest typically charged - which can be as high as prime plus 10%.

interest finance

We like to take a more entrepreneurial view of the label "assets". So our bankers may be of the same mind that your tangible and intangible assets can tolerate you ample borrowing capacity for your business.

Even if your current bank thinks in a different way.

As every company 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 guaranteed.
You keep control of your business, as that's what you do best.
We mold the provision to fit. Because that's what we do best.

interest finance

Am I eligible?

Asset based finance could suit:

Businesses that thoroughly need some ready funds. Maybe you are considering a management buy-out, a buy-in, reshuffle, acquisition, refinancing or turnaround opportunity.
Businesses established for at least a year with turnovers from $5m up to $200m.

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

interest 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

Other sites Of interest: