Initial evaluation of the project
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IoT-based financing
Depending on the client's objectives in connection with the design of various financing and risk transfer parameters, cap-on offers various structuring options. From simple pay-per-use leasing to complex asset-as-a-service off-balance solutions, our customers benefit from cap-on financing know-how. Relieve your balance sheet, improve your cash flow, transfer operational risks and optimize your total cost of ownership.
CAPEX to OPEX in IFRS 16 Environment
Optimizing TCO over the life of the investment
Transfer of operational risks to alternative risk carriers
Cash flow optimization through customized solutions
01
Assets & Markets
Depending on the type of asset, industry, data connectivity, residual value development over term, fungibility and reusability, many assets are suitable for our pay per use leasing or asset-as-a-service solution.
In terms of the type of asset, production and logistics assets, high-quality medical and R&D equipment, and infrastructure investments with fluctuating levels of utilization and OEE risks are suitable for an AAAS model.
With regard to industries, those with high cyclicity and/or volatility, such as automotive, mechanical engineering or technology companies, are suitable. Markets with a very high degree of innovation combined with limited, highly fluctuating or very long-term commercial use, such as medical technology, high-tech for research and development, are also suitable.
02
Pricing model
You decide which pricing model for the variable payment of your asset meets your goals and needs. If the right solution is not available, cap-on also offers tailor-made pricing solutions for you.
YOUR FLEXIBLE LIQUIDITY SOLUTION
- Fixed base rate
- Variable rate (max 50%)
- Dynamic price adjustment to workload during runtime
- Sale-lease-back is also possible
- Full amortization over run time
- Residual value, return and purchase options can be flexibly arranged
- Services provided by the system manufacturer as required
YOUR BALANCE-SHEET NEUTRAL SOLUTION
- Fixed base rate
- Variable rate (min. 75%)
- Degressive price adjustment to workload during running time
- Capex-to-OPEX (in accordance with IFRS 16) possible
- Pure rental model
- Withdrawal or 2nd life of the asset is possible
- Services provided by the system manufacturer as required
03
Structuring & Set Up
Depending on the selected model, plant users, plant manufacturers, financing partners or a special purpose vehicle (SPV) may own the asset.
Our project process
Target image of a
future structure
Due diligence review by financier
Implementation of Desired solution
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Philipp Lenz
CEO
FAQ
What is an SPV and how does it work?
An SPV (Special Purpose Vehicle) is a legally independent entity that is established for a specific purpose, often to reduce risk or finance projects. In the case of asset-as-a-service financing, the SPV financed by financiers would buy up the asset and make it available to the asset user. The ownership of the asset remains in SPV, but is managed by cap-on.
What is a CFO triangle and how does it work?
The CFO triangle refers to the connection between income statement, balance sheet and cash flow statement. The CFO triangle helps entrepreneurs take the right measures to increase profitability and ensure sufficient liquidity.
What does “Capex-to-OPEX” mean under IFRS 16 environment?
Capex-to-OPEX means that traditional capital expenditure (CAPEX) for buying assets is being replaced by using assets as a service (OPEX). With Asset-as-a-Service, the system user pays for the use and services of the plant. In accordance with IFRS 16, these payments are recorded as operating expenses (OPEX) instead of recording the assets as capital expenses (CAPEX) on the balance sheet.
What does TCO mean and how is it calculated?
TCO stands for total cost of ownership and describes the total costs of owning a product or service over its lifetime. It is calculated by the sum of the purchase, operating and maintenance costs.
What does dynamic price adjustment mean?
Dynamic price adjustment refers to the flexible adjustment of the price per unit produced in accordance with actual utilization. This decreases with lower utilization and increases with higher utilization. This mechanism is used to calculate the variable rate for pay-per-use leasing.
What does degressive price adjustment mean?
Degressive price adjustment means that the price per unit produced decreases over the term as measured by cumulative total utilization. This decreases as more units are produced. This mechanism is used to calculate the variable rate for asset-as-a-service.
From what investment sum is financing with cap-on worthwhile?
Asset-as-a-Service bietet spannende Finanzierungsoptionen in unterschiedlichen Ausgestaltungsmöglichkeiten. Hauptvorteile sind der Verzicht von bilanzbelastenden Investitionen sowie die nutzungsbasierte Abrechnung. cap-on bietet maßgeschneiderte Finanzprodukte für Ihre Bedürfnisse an und hilft Maschinen- und Anlagennutzern dabei ihre Finanzziele zu erreichen.