Financing Service Providers

Many facilties management providers encounter difficulties where contracts they have won require significant up-front capital expenditure or research and development costs.  This may present issues   both in terms of cash flow and/or income recognition.

Hanover Asset Finance Ltd can assist you with the financing structures we employ which uses the strength of the underlying cash flows from the FM contract to support a non-recourse financing.  By financing in this way the FM contractor can achieve an off balance sheet financing to cover up front costs and a smoother, predictable means of recognising income.

We work closely with a number of FM providers, mainly in the IT sector, who are entering into long term contracts with their customers, and have financed in excess of £100m of contracted receivables in this way.

Please contact us.