leasing and financing

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

leasing and financing

An illustration of asset-based finance would be purchase order financing which might be alluring to a company that has stretched its credit restrictions with vendors and has reached its lending facility at the bank. The failure to finance raw supplies 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. After the orders are filled, payment is made to the lender, and the lender then deducts its expenses and fees and remits the balance 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 10%.

leasing and financing

We like to assume a more entrepreneurial view of the expression "assets". So our bankers might be of the same mind that your tangible and intangible assets can permit you extensive borrowing power for your business.

Even if your current bank thinks another way.

Because every company has a distinctive set of issues, solutions are based on a mixture 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 assured.
You hold on to command of your business, as that is what you do best.
We form the provision to fit. Since that is what we do best.

leasing and financing

Am I eligible?

Asset based finance could suit:

Businesses that thoroughly need some ready cash. Perhaps you're considering a management buy-out, a buy-in, shake-up, acquisition, refinancing or turnaround opportunity.
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 domicile or your business but you will need a business plan.

leasing and financing

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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