Asset Based Lending
Asset-Based Lending (ABL) is ideal for a company that has strong assets, but needs working capital to fund day-to-day activity or expansion plans. 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 Lenders can provide finance against a range of company assets, as long as there is already Invoice Finance in place. The assets that can be funded include stock, plant and machinery, and property. ABL delivers innovative and complex funding solutions and is ideal for growth opportunities such as mergers and acquistions, MBOs and MBIs, as well as refinancing and turnarounds.
What are the benefits?
- Maximise cashflow. Asset Based Lending releases cash against company 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 leverage from assets such as stock and raw materials.
How much does Asset-Based Lending cost?
The cost varies, depending on what product you choose, and whether Bad Debt Protection is required. When you call us, we can explain all your options to you and advise you of the costs involved.
What’s the next step?
If you are looking to leverage your business assets by using Asset Based Lending, then we can help you. We work closely with speclialist 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.