Key Finance’s new product funds the “traditionally impossible”

UK’s Key Finance has formally launched Project-based Lending (PBL), a leasing tool that provides a complete funding package for core and associated project costs.

Unlike traditional leasing options which are based on the value of a company’s assets and equipment, Key Finance’s PBL makes a credit assessment upon a client’s ability to pay. Traditional leasing options are unlikely to take into account ‘soft’ assets such as fees and services. As it eliminates the need for asset security, PBL will fund 100% of a project.