Asset Based Lending – taking your business to the next level
If your business has strong assets and needs working capital to fund day-to-day activity or expansion plans, Asset Based Lending (ABL) could be an ideal solution for you.
What is Asset Based Lending?
It works very simply, by releasing cash against your business assets, giving you maximum cash flow gain, so you can take your business to the next stage.
Asset Based Lending is used in conjunction with Invoice Finance and you can release cash against stock, plant and machinery, and property.
ABL delivers innovative and complex funding solutions and is ideal for growth opportunities such as mergers and acquisitions, MBOs and MBIs, as well as refinancing and turnarounds.
What are the benefits of Asset Based Lending?
Maximise cash flow
Asset Based Lending releases cash against your company’s assets.
Flexible
It is more versatile than bank loans and it can be tailored to suit your company’s assets.
Expansion
You can focus on growth plans, confident that you have adequate funding in place.
Leverage assets
It enables you to leverage from assets such as stock and raw materials.
Faster
Asset Based Loans are easier and faster to obtain than other lines of credit.
Financial stability
Provides financial stability for SMEs with more control over cashflow.
Does Asset Based Lending suit my business?
Established and financially strong business registered in Ireland
Turnover €1M +
Strong portfolio of unencumbered assets
Looking to fund growth, expansion opportunities
Talk to the Experts
If you are looking to leverage your business assets by using Asset Based Lending, then we can help you. We work closely with specialist lenders and understand the complexities of this sophisticated funding. Call our team of experts today to find out which options could work best for your business.
For more information or if you would like a confidential chat, please call us on 01 438 6462 or email [email protected] or request a callback.
Our success stories
Invoice Discounting Facility Supports SME Turnaround
A food processing business based in Limerick (€7M turnover) was restructuring following a downturn. Its bank was reducing the €1.5M invoice discounting facility and planning to exit. The business had a strong pipeline but needed additional cashflow to trade through the peak season. CBF introduced a funder willing to support the turnaround and structured an invoice discounting facility with 95% prepayment for nine months. This released an additional €500K from the debtors ledger and helped ease seasonal cashflow pressure.
Read more
Our back was completely against the wall – Clancy got us a fantastic offer of finance, which was a real game changer.