rental finance

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

rental finance

A case of asset-based finance would be purchase order financing which may possibly be appealing to a company that has stretched its credit limits with vendors and has reached its lending capability at the bank. The failure to finance raw materials to fill all orders would leave a business operating below 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 company. The trouble of this type of financing, however, is the high interest typically charged - which can be as high as prime plus 10%.

rental finance

We like to take a more entrepreneurial standpoint of the expression "assets". So our bankers might agree that your tangible and intangible assets can tolerate you considerable borrowing power for your company.

Even if your existing bank thinks differently.

As every corporation has a distinctive set of issues, solutions are based on a blend 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 keep direction of your business, because that's what you do best.
We mold the facility to fit. As that's what we do best.

rental finance

Am I eligible?

Asset based finance could suit:

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

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

rental finance

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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