Inventory Finance
Assetline can provide finance against your existing inventory for additional purchases. With Assetline, you can secure a loan up to R500,000, and up to 70% equity release, without risk to your credit rating, enabling you to increase your cash-flow and fund purchases of new stock (using your existing stock as the sole collateral). Our loans are typically for up to three months, but depending on your requirements can be tailored to suit. You can renew the loan simply by paying only the interest due at the end of the term. You also have the option to repay the loan at any point early without any penalties or extra charges being incurred.
Advantages:
- Fast Funding: Loans proceeds can be deposited to your account as soon as you accept Assetline’s Personal Asset Loan offer
- Optimal Value: We focus on valuation, making sure we properly understand all the intricacies of your asset that may give it particular value. This enables us to maximize the amount we can lend you
- No Credit Checks / No Recourse: We don’t perform income or credit checks and we don’t report any information to credit agencies. Your Personal Asset Loan is non-recourse
- Safe and Secure: Your assets are always secure and protected with Assetline. We insure all shipments and we store your assets in our secure vaults and storage centers
- Improve your cash flow / increase your inventory: Release cash from your existing inventory to fund your business requirements and increase your inventory
How it Works:
- Make an appointment to come in and see us or apply online
- Our valuation team assesses your asset and we email you an ‘approval in principle’
- We arrange for you to send your inventory to our valuation and storage centre (insured by us). After a final inspection we make you a formal loan offer
- Once you’ve accepted our offer, we process payment immediately and deposit the funds directly into your bank account
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