leasing for business

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

leasing for business

A case of asset-based finance would be purchase order financing which may well be desirable 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 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 charges and fees and remits the surplus 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 10per cent.

leasing for business

We like to assume a more commercial view of the name "assets". So our bankers might be of the same mind that your tangible and intangible assets can tolerate you considerable borrowing capacity for your company.

Even if your existing bank thinks differently.

Because 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 assured.
You hold on to direction of your business, because that's what you do best.
We mold the provision to fit. Since that's what we do best.

leasing for business

Am I eligible?

Asset based finance could suit:

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

Unlike other finance, factoring is secured against your invoicing and not your house or your business but you will need a business plan.

leasing for business

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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