ABOUT
WHY US?
With over 100 years’ collective history in financial solutions, you will be well served by the deep and broad experience of a management team who have completed finance contracts with an aggregate value exceeding £500m in the last 15 years.
When arranging financial products, we will inevitably need to request a lot of detailed, confidential and, in some cases, personal information along with supporting documentation. Adamantean is registered with the Information Commissioner’s Office (ICO) under reference ZA221459 and complies with all obligations under the Data Protection Act.
While the Act only extends to the handling of personal data you can also be assured of our integrity when it comes to all sensitive company data. Our reputation is paramount.
With all that experience we are able to provide pragmatic, commercially focussed advice. Not every deal requirement is the same, so we are used to adapting to challenging circumstances and managing the expectations of all parties to ensure everyone’s satisfaction.
We understand that raising finance is a significant business decision where the most appropriate solution must also be cost-effective. The pricing of our services will bear the scrutiny of any competitive comparison.
Ultimately, we know we are only as good as our last job, and we believe the extensive list of testimonials from satisfied clients is the best endorsement of our quality and value.
SERVICES
Available finance agreement types are many and varied, each with different characteristics. Adamantean can further tailor any facility to meet a customer’s specific requirements, matching the terms of the agreement to the equipment to be funded.
In most cases, you decide on the equipment that you want to acquire from the supplier of your choice. Once we have confirmed underwriting approval, and agreed terms with you, Adamantean will prepare the relevant finance documentation for you to sign, and arrange for the supplier to be paid directly once your equipment has been satisfactorily delivered.
We have access to a broad panel of finance partners, and a wide range of funding options, so we are confident of providing the right solution for you.
An instalment credit facility to finance the acquisition cost of specified equipment over a fixed term – usually two to five years – where the repayments include capital and interest. The rate of interest is fixed from the beginning so you may accurately budget your costs. Repayments might be monthly or quarterly (or even annually) and we can even structure seasonal payments so that they are lower during periods when your business is forecasted to be less busy.
VAT on cost of equipment is usually payable with the first instalment or deposit.
When all the instalments have been paid, title in the equipment will pass to you on payment of an option to purchase fee.
Key benefits:
Finance leasing is a fixed cost rental facility which may suit a customer who cannot recover the VAT element of the deposit required under a Hire Purchase agreement or doesn’t want the tax benefits of ownership.
After paying rentals (subject to VAT) over an agreed term, called the primary period, the lessee has three options:
Key benefits:
You may need to make an investment in your business which is not appropriate for an asset finance solution, and which would not be suitable to be funded using an overdraft facility. If you have unencumbered assets (equipment without outstanding finance or lien) you may consider entering into a sale and hire purchase back agreement. In simple terms, we agree a value for which you sell the equipment to the lessor, you sign some simple documentation and receive payment for the agreed advance.
Where equipment has been purchased within the last 90 days and is free of any financial encumbrance we may be able to refinance it for the full purchase price paid.
Key benefits:
A rental facility offering cash flow benefits, and which matches the lease term to your projected utilisation of the equipment. The rentals are calculated on a discounted figure arrived at by deducting the future (residual) value from the purchase cost of the equipment. This product is particularly suited to equipment which may require regular upgrading to ensure you are always using current technology.
At the end of the lease term you simply return the equipment to the lessor and enter into a new agreement for the next generation of equipment.
Key benefits:
If you are a vendor supplying high-value goods, software licences, or services to your customers on extended credit terms or an instalment payment basis under a formal written finance agreement, we can improve your cash flow by purchasing the finance agreement and accelerating your Sarbanes-Oxley-compliant revenue.
We can take the credit risk on your customers and we will also manage the collection of the customer instalments allowing you to concentrate on making more sales.
Going forward, by introducing Adamantean at the point of sale, we can provide such a funding facility to ensure that you are paid promptly on delivery.
Managing cashflow is essential to the success of any business. If you find yourself waiting to be paid for the work you’ve done, goods you’ve sold or are spending more time chasing late payments from customers, Invoice Finance can help, allowing you to manage your cashflow more efficiently and concentrate on running of your business.
This product is ideal if your business has customers on long payment terms, or who often pay late. They all create a cashflow gap when it comes to paying your staff and suppliers while waiting for your invoices to be paid. The great benefit of invoice financing is that it enables your working capital facilities to grow in line with your sales. It can also provide a solution if your business wants to take on new projects without taking on additional debt.
Essentially invoice finance comes in two products:
i. Factoring: you benefit from funding and outsourced credit control.
ii. Invoice Discounting: you benefit from funding whilst maintaining credit control.
Both products can also come with Bad Debt Protection.
If you are a manufacturer of equipment, or a software house, your customers may have restraints on capital budgets which restrict the amount of equipment they are able to buy from you, or perhaps you would like to encourage them to accelerate the timing of their capital expenditure. Adamantean can tailor a vendor finance programme that will:
One of the oldest forms of business finance, however the options available continue to multiply. Outside of traditional banking choices, there are many new entrants into the lending market offering competitive terms and willing to lend money to large and small businesses for a range of funding requirements.
Whether it is required for working capital; asset purchase; or investment in growth, as an independent broker we can introduce you to the most suitable loans and lenders available to your business.
As technology continues to evolve at an ever-accelerating pace, equipment suppliers are recognising the mutual benefits available from offering their customers a managed services solution, comprising either a fixed or variable periodic charge which incorporates the provision of equipment, software and services, and can include maintenance, support, installation and training.
The directors of Adamantean have more than 20 years’ experience of funding such contracts employing non-recourse funding products which may (or may not) be disclosed to the customer. Such contracts can enable suppliers to gain a revenue and profit recognition advantage.
CONTACT