SERVICESAsset Finance
Asset financing is the process of borrowing money using a company's balance sheet assets, such as inventories and short-term investments. The lender must receive a security interest in the assets from the business borrowing the funds. Asset finance allows a company to buy machinery, automobiles, and almost any other asset that would help it grow. This helps to release capital from the value of the company's existing assets. Asset finance is a sort of financing used in Dubai to acquire tangible and intangible assets.
What is Asset?
An asset is a resource that is owned or controlled by an individual, a business, or the government that has the potential to generate future cash flow. Economic resources are assets. The first task when beginning a firm is to catalog all of the company's or organization's assets. The existence of any organization or corporation, particularly its solvency and related risks, is strongly reliant on the precise identification and classification of the many asset types that a company owns.
1. Convertibility: This classification is based on how easy it is to convert them into cash.
2. This is based on their physical presence (tangible versus mobile assets).
3. Assets are classified based on their use in trading operations.
Who Can Help You with Asset Finance in Dubai?
Aseel Investment & Loan assists businesses in obtaining asset financing by estimating the value of their assets and connecting them with the most advantageous financial lenders that will pay the maximum value for the assets used as security deposits, allowing them to get prompt cash inflow for their operations.