
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
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