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SUB PRIME FUNDING
The unique ability Computer Finance Ltd (CFL) has to fund sub prime companies is a result of the company’s willingness to structure cash collateralization as a guarantee available for our banks and other funders to draw against in the event of a customer default.
This is unparalleled in the traditional IT finance marketplace as it is generally viewed IT has little or no value once purchased. We feel otherwise!
CFL currently has access to significant funds to support underwriting and, where appropriate, to take a Lessor role. Currently our preferred hardware banding for sub prime deals falls between £5k and £100k, although we would be happy to discuss larger opportunities.
Whist we can often fund deals no other finance company would feel comfortable with we do not take on companies who cannot show us a good management team a viable business plan as well as a proven demonstrable ability to make rental payments out to at least 12 months. We are happy to make introductions to Venture Finance, Venture Capital companies or Business Angles who work closely with us.
Note:
CFL are not a venture leasing company and do not require equity in exchange for facilities.