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.
