Unlocking hidden value through asset finance

Well-managed debt can be a great tool for supporting working capital, sales growth, capital expenditure and refinance to consolidate debt.

There are a host of benefits, including the possibility of unlocking higher levels of funding and being able to keep hold of equity. Funding is turned around quickly, too, and this is something we pride ourselves on at Praetura Asset Finance.

Working closely with our credit and operations teams, we have built a reputation in the marketplace for our efficiency, speed, and providing a \’More Than Money\’ approach that puts business owners first.

Asset finance or asset refinance?

Asset finance is used to purchase new equipment, upgrade existing machinery or acquire new (or second-hand) vehicles.

Through either hire purchase or lease agreements, businesses can invest in new resources and pay this back through fixed monthly instalments over a fixed period.

With hire purchase, the asset is the business’ at the end of the term (after paying an ‘option to purchase’ fee). With leasing, there are two options: either enter a secondary rental period at the end of the term or return the asset to the finance company to be sold to a third party.

Asset refinance is a way to raise working capital by using the assets the business already has and unlocking the value of them (whilst still being able to use them), and it’s possible to do this whether the assets are owned outright or are currently being financed.

There are no restrictions on what the funds raised through asset refinance can enable a business to do. Asset refinance can also be used as a tool to consolidate debts. This can often reduce the monthly outgoings as well as any surplus equity to provide an injection of working capital.

Praetura Asset Finance are hard asset funding specialists with funding solutions from £10,000 to £5 million. We pride ourselves on developing close working partnerships with introducers to support UK SMEs and provide a personalised service by meeting directly with clients to gain a clear understanding of their business and ambitions.

About Praetura Lending

Praetura Lending offers a diverse range of financial services to SMEs across the UK for every stage of the business cycle and our teams work collaboratively across the division to offer a More Than Money approach to finance.

Within Praetura Lending are the following companies:

Praetura Asset Finance: Hard asset funding
Kingsway Finance: Business loan and soft asset funding
Praetura Commercial Finance: Asset-based lending
Praetura Invoice Finance: Invoice finance
Zodeq: Finance for recruitment businesses

Visit Praetura Lending to find out more

About Fiducia Commercial Network

Fiducia Commercial Network is a commercial finance \’Appointed Representative\’ network created to allow independent firms to provide commercial property finance and trading business finance options to their existing client base and network.

Joining the network provides opportunities for professional brokers to offer a full range of commercial finance solutions by acting as an Appointed Representative (AR) with the full support of the Fiducia Commercial Network team.

The Fiducia Commercial Network membership includes FCA authorisation and reporting, PI insurance, and NACFB membership, plus business, compliance, finance, system, and admin support from a company with over 20 years\’ experience in commercial finance.

If you\’d like to discuss joining Fiducia Commercial Network or you\’d like to apply to become an Appointed Representative…

SPEAK TO OUR TEAM

To discuss Fiducia Commercial Network or to apply to become an Appointed Representative email the team via by clicking this link.

For all media and marketing enquiries contact –  pr@fiduciagroup.co.uk