Frequently Asked Questions

1. What rates do you offer?

Knightsbridge offers very competitive rates based on balance sheet strength. More importantly, we offer competitve terms to minimize down payments, asset matching terms and flexible repayment options such as skip payments to meet business cash flows.

2. How long does it take to fund a transaction?

Transaction turnaround can vary from one day to several months. Simple equipment loans are very easy to turn around quickly so that equipment performs without delay or disruption to your operation. However, property loans and operating lines require more due diligence from our partners. As a result, turnaround time is dependent upon the complexity of a particular product. No matter the scenario, Knightsbridge focuses on streamlining this process through advanced analysis and collection of required documentation before approaching potential partners. We target our analysis to the credit departments, ultimately reducing cycle time as compared to a client working with the same lender directly.

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3. What are your fees?

Where Knightsbridge is providing our own leasing/loan products, there are no additional fees to our clients. For consulting oriented products, Knightsbridge works by earning a success fee which largely range by transaction and product and depend on the amount of work required on a particular file. As we consider ourselves partners with our clients, we do not earn any income unless we are providing a successful service for our partners.

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5. What kind of equipment can be financed?

We are not bound to strict lending policies. We will consider loans for most asset types in any financial market.

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6. What is ABL? (Asset Based Lending)

This is a form of lending to businesses using assets not normally used as security in other loans. These loans are typically tied to inventory, accounts receivable, machinery and equipment, but they can also include other valuable assets such as the value of trademarks, etc.

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7. What size of deals can Knightsbridge fund?

We are able to participate in transactions of any size. Knightsbridge typically finances transactions of $500,000 to $20 million. Larger transactions of more than $20 million usually require participation from multiple institutions in which Knightsbridge would act as lead arranger to a syndicate of lenders on our clients' behalf.

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8. How are you different from the competition?

We have a deep bench of highly skilled and experienced talent. We have the experience of the larger institutions, with the lean decision making structure to move fast. There are no monthly reporting requirements or covenants to worry about with our financing. We are consultative, instead of being junior order takers, we will offer specific advice to what structure we feel works best for your organization. We seek “best fit” solutions and aim to be long term partners with our clients, adhering to our slogan, "Financing Made Simple".

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9. How are you different from a lender?

While Knightsbridge is a direct lender, we pride ourselves on our customer centric and flexible approach to financing. We also work with many lenders in an advisory capacity to assist you where our direct lending programs are not able to support you.

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10. In which regions of Canada do you provide financing?

We offer financing solutions across Canada.

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11. How do I know my information will be kept private?

Protecting our clients and their information is a top priority – one that we take very seriously. We have numerous measures and safeguards in place to ensure we are in compliance with all federal and provincial laws.

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12. Do you perform credit checks?

Yes, in order to provide a quality deal analysis to our partners, we require credit checks on the business and in some cases, the owners of the business. One key benefit to Knightsbridge conducting its own analysis is that it prevents each partner from running their own credit check’s upon their own review, reducing the number of “credit hits” substantially. This is a unique service to Knightsbridge and illustrates our commitment to your businesses long term financial health.

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13. Do you offer financing for start up businesses?

The only start-up businesses Knightsbridge will finance are spin-offs of existing businesses or where there is significant equity invested into the transaction by the owner(s).

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