Why Choose US
Best Market Rates
Flat Swift Fees
LONG TERM FINANCE SOLUTIONS
No Ownership Lease:
An operating lease is purely off-balance sheet funding where there is no depreciation to write off, and the interest is calculated on the capital amount, excluding VAT. By the end of the lease period you do not own the asset, and you will only have paid for the use thereof.
An operating lease with ownership is structured in the same way as a standard operating lease, with the exception that there is an option to take ownership of the asset at the end of the lease period (at a negotiated premium).
With instalment sales ownership of the asset is automatically transferred to you once the final instalment on the lease has been paid. This lease is tr eated as onbalance sheet funding, and depreciation can be written off. Interest is charged on the full capital amount, including VAT.
A sale and leaseback arrangement is one where the seller of an asset leases that same asset back from the buyer. This involves you selling your fixed asset back to us, and it is t hen rented back over the remaining lifespan. In this way you enable your company to still make use of the asset while freeing up cash for other company operations.
We also offer insurance on a vast variety of products ranging from Computer Equipment, Office Automation, Security Equipment, Commercial and Motor Fleets, Construction and Engineering Equipment, Agriculture Equipment and Aviation.
SHORT TERM FINANCE SOLUTIONS
This funding solution provides you with upfront financing for any local or international stock/commodity procurement needs. The lend here is not subject to confirmed off-take, and the maximum duration of short-term loans is 180 days.
Working Capital Solutions, through our Purchase Order Finance product, can pay the client’s suppliers on the client’s behalf, according to the payment and INCO terms stipulated by said suppliers. These payments are only made on the back of confirmed Purchase Orders from the client’s Approved Debtors, or for an Asset Finance client. The suppliers can be either local or foreign entities. ‘Payment’ can be facilitated by way of a Letter of Credit or Telegraphic Transfer.
- The client begins by identifying one or more specific Debtors to include in this facility.
- Kudex / MW purchases the current and future invoices raised to these Debtors, and the client cedes the rights and claim to the underlying debt to Working Capital Solutions.
- Working Capital Solutions will advance up to 80% of the outstanding invoices, provided that the invoices are accompanied by Proof of Delivery/Performance.
remains confidential, and the debtors in the book are not notified of the cession of the debt or the existence of this facility.