Asset finance leasing - XL Business finance

LAND ROVER FOR SALE

January 9th, 2020

Land Rover Discovery diesel 2.0 SD4 HSE Commercial Auto for sale

Solid White with Black Leather Trim

Option:-

Black Headlining

Black Pack

Heated Steering Wheel

Detachable Towbar

21’’ 10 spoke Gloss Black Alloys Style 1012

Price on application.

CITROEN VAN FOR SALE

December 5th, 2019

2015 regsistered Van. Great condition, mileage is 66,000, 12 months MOT and new tyres.

BMW 535DM SPORT AUTO

August 30th, 2019

Diesel

Full service history

Satnav and bluetooth

Price on application

LEXUS CT200H ADVANTAGE

August 30th, 2019

Registered 2015

41k Mileage

Bluetooth and Satnav

Full service history and MOT

Lexus CT200h Advantage

VW CADDY

August 30th, 2019

VW Caddy

110k miles

8 months MOT

Full service history

MERCEDES ATEGO TRUCK

August 30th, 2019

Mercedes Atego Truck

Registered 2006

110K Miles

12 months MOT

Part service history up to 80k miles

Price on application

LAND ROVER DEFENDER 007

August 30th, 2019

52,000 miles
Sat Nav
Air conditioning
Leather seats
Registered 2008
Price on application

Vauxhall Insignia

July 4th, 2019

Vauxhall Insignia diesel for sale

Hatchback CDTi 170 Sri VX line Nav

44k miles

Black

Black leather

Manual

Registered April 16 and MOT until April 2020

Full service history


Asset based lending

June 27th, 2019

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.


BAD DEBT PROTECTION

June 27th, 2019

Bad debt protection insures your ledger in the event of a customer’s insolvency or protracted non payment. As a business you protect your assets; offices, plant and machinery, computers, or company vehicles. However, your biggest asset, your debtor book, is unprotected.

Not all finance companies provide bad debt protection in the same way therefore it is important that an insurance product is best suited to your needs

There are three main types of bad debt protection products. As to which one is the most suitable will depend on factors such as turnover and quality of your customers

Stand Alone.  

Bad Debt Protection is a way of insuring your ledger against insolvency. Traditionally this is bolted on to a factoring or invoice finance facility however a standalone facility provided by a specialist insurance provider can be cheaper and provide superior cover. Clients can also choose which debtors they want to insure, and only pay the cost of insurance as and when they fund invoices against that debtor.   Insurance can be provided for international trade as well as domestic

Non-Recourse Factoring

Non Recourse factoring provides businesses with a cash flow finance solution along with the added value of bad debt protection. Factoring provides an immediate injection of cash into the business and will provide a source of funding that will grow with your business. Bad debt protection provides peace of mind that you will get paid in the event of a customers’ insolvency / inability to pay. Factoring also can save valuable management time by chasing and collecting outstanding invoices on your behalf.

Non-Recourse Invoice Finance

Similar to other invoice discounting solutions, non-recourse invoice discounting releases cash against your invoices within 24 hours of issue, giving you access to working capital required for day-to-day activities and business expansion.

What makes non-recourse invoice discounting different from other invoice discounting solutions is that the invoice finance company additionally provides bad debt protection to safeguard your business against the risk of insolvency, and even in instances late payment of debts.

For a free without obligation quote, contact XL Business Finance today.

 
 
 

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 | Privacy Policy

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

 

Manchester, Liverpool, Leeds, Preston, Sheffield, Stoke, Merseyside, Lancashire, Cheshire, Staffordshire