A business is made up of many different assets. Some businesses are asset rich, and need to be in order to best serve their customers, others have very few assets. All businesses will need a range of assets in order to meet the needs of their customers. Assets can be classed in two groups, namely fixed assets and movable assets. The former includes property, while the latter includes many things such as vehicles, aircraft, marine craft, light heavy commercial vehicles, heavy plant machinery, and so on, basically anything physical that is used in daily business operations.
Paying cash for assets can place strain on the working capital of a business. It can also reduce the future opportunities due to a lack of available funds at short notice. This is why established and new businesses often use business finance as a viable alternative to buying assets for cash, thus working capital kept in the bank and the cost of their acquisition is spread over several years. With experience in asset finance, our new business finance has consistently delivered remarkable results. Our impeccable reputation ranges from new business finance across all spectrums and sectors of the market.
PSG Konsult offers an business finance intermediary service through our Asset Finance division to clients for the acquisition of commercial movable assets.
We offer clients an independent business finance advisory and facilitative service to secure finance approval for the acquisition of commercial assets for use in the client’s business. It is a value added service that will focus on the long term value creation for a client, which includes amongst others:
- Assessing the suitability of the asset acquisition for the client’s business;
- Assessing the affordability of the transaction;
- Following the prescribed compliance procedures;
- Gathering all required documentation;
- Preparing and completing a lender’s application form;
- Accessing the market to source a finance product to suit the client’s needs and budget;
- Liaising with our existing network depending on the field of expertise required;
- Submitting all documentation to the lender;
- Explaining the processing and disclosures;
- Keeping the client informed on the progress of his finance application;
- Obtaining acceptance on approval;
- After service follow up to maintain and evaluate;
- Collection assistance to the lender;
The advantages of our asset finance service: Firstly, the independent advice the intermediary offers. Secondly, our compliance procedures protect the client in terms of the service levels and ethical conduct ensuring high quality transparent advice. Thirdly, the accurate translation of the client’s needs to the lender, improves the quality of the application, and enhances the credit decision making by the lender. PSG has access to all the major financiers to obtain the best possible solution for you.
- Comprehensive financial planning: The planning is focused on both the asset liability side of your balance sheet to ensure maximum value creation!
- Convenience: Because your time is valuable, we will compile the application with the necessary information on your behalf and will facilitate the negotiation with the various financial institutions.
- Details of the transaction: The benefit to you is that you only have to submit the details once.
- Expertise and experience – Value add! Because we have the experience we know how to structure the transaction upfront and submit the transaction to the financial institution that best suits your deal profile!
- Facilitation gives you leverage! Being able to compare your current deal with another offer gives you peace of mind to make a well informed choice.
- Objectivity to the deal: Because we’re non-aligned with any particular financial institution, we are in a neutral position to give the advice on the best suited transaction or deal.
- Best suited finance for deal profile: Depending on the transaction or deal profile, we will approach the finance institutions we think are best suited and have the appetite for the type of transaction.
THE ADVANTAGES OF PSG KONSULT BUSINESS ASSET FINANCE
Firstly, the independent business finance advice the intermediary offers. Secondly, our business finance compliance procedures protect the client in terms of the service levels and ethical conduct ensuring high quality transparent advice. Thirdly, the accurate translation of the client’s business needs to the lender, improves the quality of the application, and enhances the credit decision making by the lender. PSG Konsult business finance has access to all the major financiers in South Africa to obtain the best possible solution for you.
- Comprehensive financial planning: The planning is focused on both the asset liability side of your balance sheet to ensure maximum value creation!
- Convenience: Because your time is valuable, we will compile the application with the necessary information on your behalf and will facilitate the negotiation with the various financial institutions.
- Details of the transaction: The benefit to you is that you only have to submit the details once.
- Expertise and experience – Value add! Because we have the experience we know how to structure the transaction upfront and submit the transaction to the financial institution that best suits your deal profile!
- Facilitation gives you leverage! Being able to compare your current deal with another offer gives you peace of mind to make a well informed choice.
- Objectivity to the deal: Because we’re non-aligned with any particular financial institution, we are in a neutral position to give the advice on the best suited transaction or deal
- Best suited finance for deal profile: Depending on the transaction or deal profile, we will approach the finance institutions we think are best suited and have the appetite for the type of transaction.
- New business finance – it’s simple, you fill in our application forms, sit back and we do the rest.
source: http://www.psgonline.co.za/plan/business-finance.php
