How does it work?
Asset-based loan programmes are based on the financing of a pool of receivables; receivables being the asset base. The amount of funding is based on the total balance of eligible receivables and an agreed advance rate. These programmes are structured so the loan is backed and secured by the receivables.
Demica’s platform automatically processes the portfolio on a daily basis, monitors portfolio performance and delivers regular transaction reports. Programmes can be tailored to meet client requirements, including the addition of sellers across multiple currencies and jurisdictions.
Increase cash available
Access alternative source of funding
Short implementation and structuring timeline
Lower cost of funding
Higher amount of funding compared to traditional lending
Access to special situations