Facilities

During the past two decades, ASF has diversified its activities into the following categories:

Australian Structured Finance is a long term member of the Australian Equipment Lessors Association - a national body founded in 1986 to represent the interests of all Banks, Financiers and Equity Investors engaged within the Australian equipment finance markets.

Equivalent bodies exist within the USA; South American; African; Asian and European Equipment Finance and Banking Sectors. ASF's executives maintain relationships with key players in each sector to support our international activities.

ASF Directors, executives and associates have included several past and current AELA Council members as well as the 2007-2008 Association Chairman - reflecting our high standing within the Australian Banking community.

Medium Ticket Asset Funding [$500,000 to $15,000,000]

ASF has the capacity to provide high level structuring and credit syndication skills to "middle market" clients through the provision of highly competitive finance lease, hire purchase/ chattel finance and rental facilities across a broad range of equipment categories.

ASF may act as Principal or Arranger in syndicating and underwriting these facilities in order to extend significant lines of credit to clients seeking to access the lowest cost of funds available in the market without onerous security requirements or restrictive financial covenants.

Both on and off- balance sheet structures are available depending upon the transaction parameters sought.

Large Ticket [$15,000,000 +]

One of ASF's key specialisations during the last 25 years relates to equipment based transactions exceeding $15.00 million where our extensive structuring and syndication capabilities are best utilised.

Fixed or variable rate structures with fixed rate terms of up to 15 years are available (STA) depending upon the asset class and transaction parameters sought.

Funding may be undertaken in Australian Dollars or any one of a variety of foreign currencies with ASF providing all ongoing transaction management including analysis of tax and accounting changes on larger structured facilities.

Unlike a number of our contemporaries, ASF has always adopted a policy of transparency and simplicity to ensure facilities can be unwound or restructured without penalty and at minimal cost if a Lessee or Lessor's circumstances or tax/accounting drivers change.

Because of our financial stability and private ownership over the past 25 years, clients can be confident ASF will continue to provide effective management of all long term structures underwritten for the tenure of their facilities into the future - irrespective of the consolidation or departure of an underwriter from our domestic markets.

Offshore/Cross Border [$15,000,000 + facility limits]

ASF has extensive hands-on experience in arranging equipment lease and loan facilities for Australian borrowers undertaking projects in a multitude of foreign jurisdictions where a detailed understanding of local tax, legal and Government/ Central Bank frameworks is critical in ensuring a successful closure.

Transactions completed have included Jet aircraft, underground and open cut mining equipment, telecommunications, transportation and shipping assets and have involved export credit agencies such as COFACE, Finnvera, EXIM Bank, ECGD, etc as well as non-Government Agency credit and political risk insurance wrap providers.

ASF has been involved in negotiating withholding tax exemptions, gaining Central/ National Bank hard currency payment approval, etc for clients as well as meeting AML/ Anti-terrorism/ KYC requirements for Lessors in foreign jurisdictions.