Asset finance is a structured and sensible means for growing businesses to fund their investment in vehicles and equipment. By utilising the services of Potential Asset Finance a business can preserve capital to fund everyday expenses. The borrowing is properly secured against vehicles and equipment and fixed repayments help budgeting and expenses management therefore assisting control of future expansion plans.
In all transactions entered into by Potential Asset Finance, the provision of the finance will be closely tied to the vehicles and equipment being funded.
In other types of finance such as overdraft or loan, the connection between the finance and asset is not nearly so strong.
Potential Asset Finance will always take title in the asset and will check that there are no other charges or liens on the goods held.
Both new and used equipment can be funded and the borrower can source the vehicle from a supplier or dealer of their choice LINK TO PVM. In some cases funds can be raised against assets already owned by the borrower by using a sale and leaseback facility. |