Companies of all sizes utilise asset finance as an alternative to corporate facilities in order to finance the capital assets of their business. The asset finance professionals at Centrus have experience financing a broad spectrum of assets, including the core transportation assets of aviation, shipping and rail but also general plant and machinery and more esoteric assets such as satellites. The Centrus approach is to provide bespoke, customer focussed solutions, tailored to the needs of its clients. Drawing on our wide investor and lender relationships, Centrus delivers added value solutions to asset finance projects. Centrus also provides asset and lease management services to investors wanting exposure to the sector, but without the in-house resources to manage such investments. Centrus is able to manage assets throughout the investment life-cycle, starting with the acquisition, through the financing period and at disposal through re-marketing services.
Senior secured lending is a key element of asset finance and leasing of long lived capital assets. Owner operators of such assets can utilise debt funding, secured against the value of the asset, to secure longer term finance on more attractive terms than would be available under a standard corporate debt facility. Lessors often look to the debt markets to partially fund their leasing assets with debt secured against rental streams and a first priority interest in the value of the asset.
The amount of debt available will depend on the type of asset, the quality of the covenant and the level of any income generated that can provide additional security for the lender. Centrus understands these dynamics and is able to bring together lender groups from the bank and non-bank sectors to provide solutions to its clients’ requirements.
This specialised lending sector brings together the sector expertise of the Centrus <Asset Finance> and teams with the <Capital Raising> team to offer clients a seamless execution process to raise senior debt from the bank or private placement markets.