Asset finance leasing - XL Business finance
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Asset based lending

Asset Based Lending (ABL ) allows you to raise significant funding for your business through a combination of traditional Factoring or Invoice Discounting and funds raised against your existing assets. In terms of lending solutions, whether you’re planning on growing, buying, refinancing or expanding, Asset Based Lending can often raise significantly greater funding than traditional bank lending.

How it works

Asset Based Lending allows you to raise from £50k – £50m with:

  • up to 100% on outstanding invoices
  • up to 80% of the market value on plant and machinery
  • up to 30% on raw materials
  • up to 50% on finished products
  • up to 60% on property

Advantages

  • Raise money for MBI/MBO’s or refinancing, without surrendering equity
  • Enjoy continuity of funding, which grows as your business grows
  • ABL is a fast and effective way to fund growth and it’s scalable
  •   It provides a higher availability of working capital when  compared with traditional lending facilities
  • receivable and inventory facilities are revolving facilities,  with available working capital growing in line with your business
  • Build an Asset based Lending package to fit your precise requirements
  • Asset based lending will  help maintain cash flow – especially seasonally for businesses who trade in fluctuating markets.


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XL Business Finance Ltd is a privately owned and independent business financing company with established links to many of the UK's leading finance houses. XL Business Finance provides a viable alternative to high street banks that lack the flexibility and imagination to provide a solution to most business users requirements. XL Business Finance can provide a full range of business financing solutions and we ensure a high level of customer service and pride ourselves on quick decisions. Our independent status will ensure any offer of funding and asset finance leasing is best suited to our customer’s needs.

XL Business Finance Limited are authorised and regulated by the Financial Conduct Authority FRN 718737. How to make a complaint

XL Business Finance, Eaton Place Business Centre, 114 Washway Road, Sale, Cheshire M33 7RF UK.

 

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