AMC Asset Finance is the specialist Asset Finance division of the Africa Merchant Capital group of companies.
Our asset finance and leasing solutions complement our existing trade finance, renewable energy and corporate finance advisory businesses, thus broadening our bespoke merchant banking solution to the high-growth private markets of Sub-Saharan Africa.
Easy-to-understand rental finance for your client. Our off-balance sheet solutions will provide your client with the flexibility to manage working capital in a fast-paced environment.
At AMCAF we understand that time is money in today’s fluid business world. Delays in approvals and the release of funding can be expensive for all parties.
In a world where the only constant is change, AMCAF offers you the opportunity to upgrade or change equipment as needed. Upgraded equipment has the ability to increase revenue and profitability. Further, the optimal life span for assets is no longer determined by depreciation methods.
We understand the benefits of choice and do not limit ourselves to only a few brands or products. The flexibility this affords you will support your business growth and success.
At AMCAF we handle all the contractual requirements, leaving your sales force free to do what they do best – close deals.
Our clients see us as their procurement partner – we buy the assets they need and they rent them from us. We do not impede on the clients’ existing relationships with other lenders.
The rental charge is treated as an operating expense. Since our finance solution does not increase the gearing of the business, current banking facilities are left unaffected.
In most cases, wear and tear allowances in Africa are spread over longer periods than the actual useful life of the asset. Our rental solution allows clients to match the tax deduction with the actual life cycle of the asset.
The period from application to pay-out is typically only four weeks.
Our facilities range from $250k – $15m.
We require no deposit.
We allow our clients determine the funding period, up to a maximum of 60 months.
We extend funding on the following basis:
Clients have a choice of two leasing structures:
Sale and Leaseback
Managing Director and co-founder of AMCAF, Dirk brings a unique understanding and vast experience in Asset Based Finance to the AMC Group. He has previously set-up and grown various large Asset Finance businesses, including Merchant West and Dölberg Asset Finance in Mauritius where he acted as a non-executive director. His professional experience also includes private equity, corporate finance and structured finance, as well as setting up finance structures for asset finance businesses in Sub-Sahara Africa. Dirk qualified as a Chartered Accountant through the TOPP programme and did his undergraduate studies at the University of Cape Town.
Cobus is co-founder and CEO of Africa Merchant Capital. He was previously Principal for Africa at Templewood Merchant Bank before founding AMC. His professional experience includes corporate finance advisory, merchant banking, business consulting and auditing, as well as personal investing in Africa. Cobus qualified as a chartered accountant with PwC, South Africa, and holds a B.Comm(Hons) degree from the University of Stellenbosch.
Jan is co-founder and COO of Africa Merchant Capital. He was previously at Templewood Merchant Bank where he worked across the principal investing and advisory sectors of TMT, Energy, Industrials and Real Estate involved in all aspects of the transaction cycle from origination to distribution. Jan qualified as a chartered accountant with PwC, South Africa. Jan holds a B.Comm(Hons) degree from the University of Stellenbosch and is a CFA charter holder.
Credit Committee member and African Trade Finance specialist., Andrew was previously Director of Credit and Risk for African focused Commodity Trade Finance Investment Manager, Scipion Capital. Over the course of the last 30 years, he has held director and partner level positions at Clydesdale Bank, Nedbank (London) and Citibank (London) in the field of Structured Trade Finance, Credit and Commodity Finance. As a thoroughbred Zimbabwean, Andrew’s grounded knowledge of Sub-Sahara Africa, was a cornerstone in developing both Nedbank and Citibank trade finance product offering for the region.
There are currently no open positions.