Corporate Asset Solutions launched its Alpha and Omega offerings today.
Firstly, we wanted to make it very clear that CAS is a “lender” and not a broker. We have our own paper / book, and we value introductions from brokerages. Secondly, in order to avoid confusion we wanted to create two distinctive offerings. Just click on the images to the left to get the flyers as PDFs but here’s a summary of the offerings.
CAS Alpha offering:
Amount: Up to £500k.
Stronger Counterparties (albeit we are still prepared to invest time in understanding any stories that need to be told).
Hard & Soft assets at very competitive rates.
As well as our own CAS paper, we are also the authorised representative for the RateSetter HP proposition and this falls within our Alpha offering.
The RateSetter HP product has “Capital Only Settlements” – so that can be quite useful. Yields start at 5.8%. In addition, we can consider 120% advances for hard assets.
CAS Omega offering:
Amount: Up to £100k.
Weaker Counterparties – including start-ups.
Credit Criteria – this links time trading and amount required.
Credit Decisioning: We aim to provide a decision with a maximum of 4 hours for deals up to £150k (albeit much quicker for more obvious good deals) and 24 hours above £150k.
Deal & Paperwork Fulfilment: We are quick to get this paperwork out, but we are also prepared to make your life as easy as possible including deal sign-up / asset inspections etc as you require.
Payout: Our aim is to get the deal paid out as quickly as possible. Our dedicated New Deal Administration team is motivated to make this happen.