Short Term Asset Finance

[gmt123]

Hello All,

A company close to where I operate has gone in to Administration. This company has a vast range of plant and machinery.
I'd like to purchase some of their plant/vehicles to sell on. I have done this previously with vans from a company in administration.

Does anyone know a good place to get short term finance for such an process? I've looked at asset finance but it looks like most companies expect you to own the asset for a number of years. I was hoping to have the items in my hands for a few weeks at the most.

Thanks in advance

G

 

[businessfunding]

Hello All,

A company close to where I operate has gone in to Administration. This company has a vast range of plant and machinery.
I'd like to purchase some of their plant/vehicles to sell on. I have done this previously with vans from a company in administration.

Does anyone know a good place to get short term finance for such an process? I've looked at asset finance but it looks like most companies expect you to own the asset for a number of years. I was hoping to have the items in my hands for a few weeks at the most.

Thanks in advance

G

Having researched this maret quite a lot, I;m afraid I don't currently know any facilities that fit this bill.

We can facilitate short term funding for all kinds of personal asset, bricks and mortar, invoices, finished goods, confirmed ordrers but sadly, not business assets.

I would love to hear if anyone knows better..

 

[MASSEY]

You need a bridging loan.

 

[businessfunding]

You need a bridging loan.

Bridged against what?

 

[MASSEY]

Bridged against what?

I was just trying to edit my post. Bridging wouldnt be applicable for asset finance.

 

[businessfunding]

I was just trying to edit my post. Bridging wouldnt be applicable for asset finance.

It would, but I'm not aware of anyone currently offering it - I'm genuinely interested to know if there is..

 

[Billmccallum]

try http://www.supremefinance.co.uk/

not used them and dont recommend them, just googled principal lenders.

 

[businessfunding]

try http://www.supremefinance.co.uk/

not used them and dont recommend them, just googled principal lenders.

B & M only..

 

[Primebridgingsolutions]

Hi,

Are you still looking for finance for this? If so what is the value of the assets? As I may have a lender in mind that will assist.

Kind regards



James

primebridgingsolutions.com

 

[oliversmith]

Logbook Loans is good short term asset finance, It is very easy and quickly.

 

[mcjohn]

Several options are available today to arrange cash for short term. I think loans against car are best option. Once when my brother was in short of money then he has used this option to manage cash. Best thing that I have noticed in this option is that it is available at low cost and provide full freedom to use car even during loan period. But this option is available only for car owners.

 

[mcjohn]

Yes logbook loans is a type of bad credit loans. It is same loans against your car.

 

[mcjohn]

You can easily arrange finance online. There are several online lenders who offer short term assets finance and in most cases, such financial terms require simple eligibility requirements and also approve the loan request faster. If you have a valid banking account and other things are normal then you can apply online to get cash. You will surely win to arrange cash via this process

 

[businessfunding]

You can easily arrange finance online. There are several online lenders who offer short term assets finance and in most cases, such financial terms require simple eligibility requirements and also approve the loan request faster. If you have a valid banking account and other things are normal then you can apply online to get cash. You will surely win to arrange cash via this process

Who would you suggest for funding against business assets?

 

[stuartmclash]

Hey there... well I think that you can apply for a short term finance from a bank with easy terms and conditions for a year or so... This will be a short time period and you can avail the asset at hand for some time as well.

 

[chrisdavidson]

try searching for asset backed lenders/ asset backed lending on google. There are a number in operation...