Asset finance - Revision history

Doug: Remove surplus link.

2024-02-06T03:39:13Z

Remove surplus link.

← Older revision		Revision as of 03:39, 6 February 2024
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	It may be by leasing, the asset being owned by the lessor and made available for use to the lessee who may have an option to purchase the asset at the end of the lease for residual commercial value. A pool of smaller assets - for example motor vehicles or construction plant - may also be financed in these ways.		It may be by leasing, the asset being owned by the lessor and made available for use to the lessee who may have an option to purchase the asset at the end of the lease for residual commercial value. A pool of smaller assets - for example motor vehicles or construction plant - may also be financed in these ways.

	From the borrower's point of view there is great similarity in effect to [[asset based finance]] (ABF) or, from the finance provider's point of view, asset based lending (ABL) - sometimes written as asset-based finance and asset-based lending.		From the borrower's point of view there is great similarity in effect to asset based finance (ABF) or, from the finance provider's point of view, asset based lending (ABL) - sometimes written as asset-based finance and asset-based lending.

	The discussion in the entry on [[Asset backed finance]] on the impact on other creditors is relevant here and important to the 'borrower'.		The discussion in the entry on [[Asset backed finance]] on the impact on other creditors is relevant here and important to the 'borrower'.

imported>Doug Williamson: Add link.

2023-03-11T05:43:22Z

Add link.

← Older revision		Revision as of 05:43, 11 March 2023
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	* [[Asset backed finance]]		* [[Asset backed finance]]
	* [[Assets]]		* [[Assets]]
			* [[Finance]]
	* [[FLA]]		* [[FLA]]
	* [[Lease]]		* [[Lease]]

imported>Doug Williamson: Mend link.

2022-06-27T09:56:08Z

Mend link.

← Older revision		Revision as of 09:56, 27 June 2022
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	== See also ==		== See also ==
	* [[Asset ~~based~~ finance]]		* [[Asset backed finance]]
	* [[Assets]]		* [[Assets]]
	* [[FLA]]		* [[FLA]]

imported>Doug Williamson: Add link.

2021-03-11T13:45:18Z

Add link.

← Older revision		Revision as of 13:45, 11 March 2021
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	A source of funding which is secured, or effectively secured, against assets.		A source of funding which is secured, or effectively secured, against assets.

	The funding can be provided in several ways. Financing may be for example, by way of a secured loan - the security usually being taken over the asset being financed. It may be by hire purchase - the purchase price and financing costs being paid in instalments over the life of the hire-purchase price with an option to buy at the end by a nominal payment made with the last instalment. It may be by leasing, the asset being owned by the lessor and made available for use to the lessee who may have an option to purchase the asset at the end of the lease for residual commercial value. A pool of smaller assets - for example motor vehicles or construction plant - may also be financed in these ways.		The funding can be provided in several ways. Financing may be for example, by way of a secured loan - the security usually being taken over the asset being financed.

			It may be by hire purchase - the purchase price and financing costs being paid in instalments over the life of the hire-purchase price with an option to buy at the end by a nominal payment made with the last instalment.

			It may be by leasing, the asset being owned by the lessor and made available for use to the lessee who may have an option to purchase the asset at the end of the lease for residual commercial value. A pool of smaller assets - for example motor vehicles or construction plant - may also be financed in these ways.

	From the borrower's point of view there is great similarity in effect to [[asset based finance]] (ABF) or, from the finance provider's point of view, asset based lending (ABL) - sometimes written as asset-based finance and asset-based lending.		From the borrower's point of view there is great similarity in effect to [[asset based finance]] (ABF) or, from the finance provider's point of view, asset based lending (ABL) - sometimes written as asset-based finance and asset-based lending.
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	''Note''.		''Note''.

	It is common for lenders and borrowers to use different terms (e.g. 'lending' and 'borrowing') to describe the same transaction from their point of view. Do not be confused by this - though it does make indexing and searching, for example in this ~~wiki~~, a little more difficult.		It is common for lenders and borrowers to use different terms (e.g. 'lending' and 'borrowing') to describe the same transaction from their point of view. Do not be confused by this - though it does make indexing and searching, for example in this Wiki, a little more difficult.


	== See also ==		== See also ==
	* [[Asset based finance]]		* [[Asset based finance]]
			* [[Assets]]
	* [[FLA]]		* [[FLA]]
	* [[Lease]]		* [[Lease]]

imported>Doug Williamson: Add link.

2016-04-18T04:37:01Z

Add link.

← Older revision		Revision as of 04:37, 18 April 2016
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	== See also ==		== See also ==
	* [[Asset based finance]]		* [[Asset based finance]]
			* [[FLA]]
	* [[Lease]]		* [[Lease]]
	* [[Project finance]]		* [[Project finance]]

	[[Category:Corporate_finance]]		[[Category:Corporate_finance]]

imported>Doug Williamson: Standardise on 'this wiki' lower case, to align with earlier instances.

2015-11-23T08:47:10Z

Standardise on 'this wiki' lower case, to align with earlier instances.

← Older revision		Revision as of 08:47, 23 November 2015
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	''Note''.		''Note''.

	It is common for lenders and borrowers to use different terms (e.g. 'lending' and 'borrowing') to describe the same transaction from their point of view. Do not be confused by this - though it does make indexing and searching, for example in this ~~Wiki~~, a little more difficult.		It is common for lenders and borrowers to use different terms (e.g. 'lending' and 'borrowing') to describe the same transaction from their point of view. Do not be confused by this - though it does make indexing and searching, for example in this wiki, a little more difficult.

imported>John Grout: To refer to hire purchase, previously omitted.

2015-07-08T15:17:12Z

To refer to hire purchase, previously omitted.

← Older revision		Revision as of 15:17, 8 July 2015
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	A source of funding which is secured, or effectively secured, against assets.		A source of funding which is secured, or effectively secured, against assets.

	The funding can be provided in several ways. Financing may be for example, by way of a secured loan - the security usually being taken over the asset being financed. It may be by leasing, the asset being owned by the lessor and made available for use to the lessee who may have an option to purchase the asset at the end of the lease. A pool of smaller assets - for example motor vehicles or construction plant - may also be financed in these ways.		The funding can be provided in several ways. Financing may be for example, by way of a secured loan - the security usually being taken over the asset being financed. It may be by hire purchase - the purchase price and financing costs being paid in instalments over the life of the hire-purchase price with an option to buy at the end by a nominal payment made with the last instalment. It may be by leasing, the asset being owned by the lessor and made available for use to the lessee who may have an option to purchase the asset at the end of the lease for residual commercial value. A pool of smaller assets - for example motor vehicles or construction plant - may also be financed in these ways.

	From the borrower's point of view there is great similarity in effect to [[asset based finance]] (ABF) or, from the finance provider's point of view, asset based lending (ABL) - sometimes written as asset-based finance and asset-based lending.		From the borrower's point of view there is great similarity in effect to [[asset based finance]] (ABF) or, from the finance provider's point of view, asset based lending (ABL) - sometimes written as asset-based finance and asset-based lending.

imported>Doug Williamson: Layout

2015-04-07T12:58:41Z

Layout

← Older revision		Revision as of 12:58, 7 April 2015
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	The discussion in the entry on [[Asset backed finance]] on the impact on other creditors is relevant here and important to the 'borrower'.		The discussion in the entry on [[Asset backed finance]] on the impact on other creditors is relevant here and important to the 'borrower'.

	''Note''. It is common for lenders and borrowers to use different terms (e.g. 'lending' and 'borrowing') to describe the same transaction from their point of view. Do not be confused by this - though it does make indexing and searching, for example in this Wiki, a little more difficult.
			''Note''.

			It is common for lenders and borrowers to use different terms (e.g. 'lending' and 'borrowing') to describe the same transaction from their point of view. Do not be confused by this - though it does make indexing and searching, for example in this Wiki, a little more difficult.

imported>Doug Williamson: Slight rewording to replace rendered

2015-04-07T09:27:45Z

Slight rewording to replace rendered

← Older revision		Revision as of 09:27, 7 April 2015
Line 3:		Line 3:
	The funding can be provided in several ways. Financing may be for example, by way of a secured loan - the security usually being taken over the asset being financed. It may be by leasing, the asset being owned by the lessor and made available for use to the lessee who may have an option to purchase the asset at the end of the lease. A pool of smaller assets - for example motor vehicles or construction plant - may also be financed in these ways.		The funding can be provided in several ways. Financing may be for example, by way of a secured loan - the security usually being taken over the asset being financed. It may be by leasing, the asset being owned by the lessor and made available for use to the lessee who may have an option to purchase the asset at the end of the lease. A pool of smaller assets - for example motor vehicles or construction plant - may also be financed in these ways.

	From the borrower's point of view there is great similarity in effect to [[asset based finance]] (ABF) or, from the finance provider's point of view, asset based lending (ABL) - sometimes ~~rendered~~ as asset-based finance and asset-based lending.		From the borrower's point of view there is great similarity in effect to [[asset based finance]] (ABF) or, from the finance provider's point of view, asset based lending (ABL) - sometimes written as asset-based finance and asset-based lending.

	The discussion in the entry on [[Asset backed finance]] on the impact on other creditors is relevant here and important to the 'borrower'.		The discussion in the entry on [[Asset backed finance]] on the impact on other creditors is relevant here and important to the 'borrower'.

imported>Doug Williamson: Add apostrophe.

2015-04-01T21:43:31Z

Add apostrophe.

← Older revision		Revision as of 21:43, 1 April 2015
Line 3:		Line 3:
	The funding can be provided in several ways. Financing may be for example, by way of a secured loan - the security usually being taken over the asset being financed. It may be by leasing, the asset being owned by the lessor and made available for use to the lessee who may have an option to purchase the asset at the end of the lease. A pool of smaller assets - for example motor vehicles or construction plant - may also be financed in these ways.		The funding can be provided in several ways. Financing may be for example, by way of a secured loan - the security usually being taken over the asset being financed. It may be by leasing, the asset being owned by the lessor and made available for use to the lessee who may have an option to purchase the asset at the end of the lease. A pool of smaller assets - for example motor vehicles or construction plant - may also be financed in these ways.

	From the ~~borrowers~~ point of view there is great similarity in effect to [[asset based finance]] (ABF) or, from the finance provider's point of view, asset based lending (ABL) - sometimes rendered as asset-based finance and asset-based lending.		From the borrower's point of view there is great similarity in effect to [[asset based finance]] (ABF) or, from the finance provider's point of view, asset based lending (ABL) - sometimes rendered as asset-based finance and asset-based lending.

	The discussion in the entry on [[Asset backed finance]] on the impact on other creditors is relevant here and important to the 'borrower'.		The discussion in the entry on [[Asset backed finance]] on the impact on other creditors is relevant here and important to the 'borrower'.