Asset Backed Finance
Asset Backed Finance is a fast way to raise monies If you would like to realise the value of the assets in your business and get them working harder for you, This is the solution you’ve been looking for.
How does Asset Backed Finance work?
It generates finance against existing assets in your business – enabling you to raise funds secured on assets you already own. In conjunction with Factoring or Invoice Discounting, or stand alone Asset Based Lending can typically raise additional funds:
- Up to 90% on outstanding invoices
- Up to 80% of the value on plant and machinery
- Up to 30% on raw materials
- Up to 50% on finished products
- Up to 60% on property
Benefits
- Raise money for MBI/MBO’s or refinancing, without surrendering equity
- Continuity of funding, which grows with your sales
- An finance package built to fit your requirements
Is it right for you? It could be if:
- You are a business to business company in the UK
- Business owns assets
- Plant and Machinery
- Property
- Stock - finished goods or raw materials
- Requirement is at least £50,000
- Turnover is £1m minimum
Case Studies
An existing Asset Finance client, approached us with a request to raise funds, to expand their business with the opening of a new depot. We found a funder who provided funding based on the security of existing plant and machinery that the business owned, and gave the company the funds to move forward.
