GP Asset Finance Ltd / GP Associates Sale and Leaseback facility allows companies to release valuable working capital that is tied up in unencumbered but still needed assets for other investments and is ideal for companies struggling to obtain funding through conventional sources.
Underwriting of Sale and Leaseback is generally completed within two days and companies or individuals with adverse credit can also be placed.
A Sale and Leaseback is where a company sells an asset in exchange for cash, typically, the asset is sold for its Market Value then the seller leases back the same asset from the purchaser. A Sale and Leaseback can often provide the seller with additional tax deductions. The leaseback arrangement is made immediately after the sale of the asset when the amount of the payments and the time period is specified.
GP Asset Finance Ltd / GP Associates Sale and Leaseback facility allows companies to release valuable working capital that is tied up in unencumbered but still needed assets for other investments and is ideal for companies struggling to obtain funding through conventional sources.
