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Is Asset based finance beneficial for your business?

Asset Based Financing is becoming one of the most popular means of funding commercial and corporate fixed assets because of these features:

  • 100% financing is possible and can include installation, shipping and related costs
  • PST and GST can be amortized over the life of the lease
  • Payments can be expensed against income
  • Preservation of working capital
  • Flexible, customized payments can be matched to productive cash flow of the asset
  • Financing period can be matched to the useful life of the asset
  • Setting up equipment lines which do not involve reapplying for credit for each purchase
  • Financing that is based primarily on asset value and cash flow, and leaves other business assets unencumbered