Who’s the Pay Down Loan Facility for?
Global Asset Finance can assist you with Pay Down Loan Facility, it’s specifically for UK limited companies needing a large sum of capital.
How does it work?
The Pay Down Facility works exactly the same way as a short-term, interest-only loan.
Often companies need a large sum of capital, which can be due to many reasons, such as a large debtor going out of business, a large contract being cancelled, a legal dispute, gaining a large contract, the need to buy a quantity of stock or a short-term refurbishment project.
The facility should not be used for the funding of fixed assets such as plant and machinery, but is flexible so that interest-only payments can be made for an agreed amount of time and capital repayments can be scheduled on a pre-arranged, ad hoc basis.
- Immediate injection of capital into the business
- No long-term commitment
- Almost immediate availability of funds
- Clear and transparent charges
- Maximum flexibility
We and our partners will lend funds against any of the following securities:
- A single invoice
- Multiple invoices
- A debtor ledger
- Commercial premises
- Fixed, tangible assets
- A positive balance sheet
- Pension-led funding
- A successful crowd funding application.
Click HERE to submit your details via our contact form and put the benefits of asset finance to work in your business.
Click HERE to complete an online application form. It's quick and easy to do!