What are some of the drawbacks of asset finance?
A number of businesses have made use of asset finance arrangements, but is this option right for you? You’re temporarily giving up something you already own Asset refinance involves borrowing using one of your existing assets as security and then making regular repayments over a specified term. Although you will become the legal owner of […]
What are some of the issues with asset refinance?
Asset Refinance The purpose of this process is to let you get money off your balance sheet to use elsewhere in your company. For business funding, owners may choose to do asset refinancing. It’s able to be utilized for anything from financing and deficit covering to becoming a stepping stone for purchases. The refinance option […]
What are the drawbacks to a revolving credit facility?
Revolving Credit Facility Borrowers pay a flat fee in order to get a set amount of money up to a specified ceiling. The borrower may get money when it is needed, with no restriction on how much is borrowed. Businesses often utilize credit facilities such as these to improve their cash flow cycle. When a […]
