leasing and finance company

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 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).

leasing and finance company

An illustration of asset-based finance would be purchase order financing which may possibly be eye-catching to a company that has stretched its credit limits with vendors and has reached its lending capability 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. 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 business. The trouble of this type of financing, however, is the high interest typically charged - which can be as high as prime plus 10%.

leasing and finance company

We like to assume a more capitalist idea of the name "assets". So our bankers may be in agreement that your tangible and intangible assets can permit you substantial borrowing power for your business.

Even if your present bank thinks differently.

As 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 secured.
You maintain direction of your business, since that is what you do best.
We figure the facility to suit. As that is what we do best.

leasing and finance company

Am I eligible?

Asset based finance could suit:

Businesses that sincerely need some ready capital. Maybe 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 secured next to your invoicing and not your dwelling or your business but you will need a business plan.

leasing and finance company

So what do I do?

Write 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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