Frequently Asked Questions
What is asset based finance and how is it used?
Asset based finance looks to maximize the utilization of assets in the balance sheet to leverage financing to the business. This is achieved by a detailed understanding of the dynamics of both the business and those assets targeted to measure the facilities against.
What are the repayment terms?
That depends upon the nature of the asset collateralizing the funding, and your preferred repayment profile.
Do I need a history of trading profitably to get asset based finance?
Not compulsory. Our aim is to understand the dynamics of our client's businesses so that we can arrange the best possible finance for them.
Can I apply in spite of having a bad credit record?
Yes, you can. We never discriminate between our customers. We arrange asset finance for many customers who have experienced bad credit.
What kind of leased asset can be financed?
Finance can be arranged for the lease of any asset like equipment, plant, machinery or motor vehicle with market value.
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