Elderslie Finance Corporation uses debentures for a third of funding, with the remainder financed through bank lending and securitisation."The market has been very quiet for securitisation, but in the last week there has been an issue that has paved the way for us, and a few others in the asset backed securitisation space," said James Garrett, chief executive officer of Elderslie.Garrett was referring to the $450 million securitisation last week originated by Bank of Queensland Equipment Finance Limited.The BOQEF portfolio composition includes Australian commercial hire purchase agreements, bills of sale, chattel mortgages, and finance leases secured by a variety of commercial and other equipment, ranging from motor vehicles to agricultural equipment."We have a securitisation coming up in the next couple of weeks. We are very confident we are going to get it away," Garrett said.Garrett could not comment further on the pending issue due to the rating opinion, as yet, not being announced."It's about the same (size) as what we have done in the past, the hundred million mark."Elderslie has about $400 million in assets.On debentures, Garrett says the market has been tougher to issue, especially in the last nine months.To combat these two difficult funding avenues, "The banks have extended their facilities for us, which has been very good."It's gone up (the cost of funding), but our market is not that price sensitive so we have been able to pass on the higher cost of funds."Because the banks don't provide any operating lease products per se, they are not subsidising that product with cheap cost of funds, so that is where we, quite happily, are insulated by bank behaviour as we can pass it (higher funding costs) on."Like many finance companies and issuers of debentures and unsecured notes, Elderslie now makes additional disclosures to investors in its periodic financials.In one on liquidity, Elderslie wrote that: "Generally, there is sufficient cash and facilities to meet the benchmark. However due to timing of cash inflows and outflows there are periods where the benchmark is not met. The Elderslie Board has formed the view that the current liquidity measures and monitoring are appropriate."