Asset Based Lending
What is Asset Based Lending?
Asset Based Lending (ABL) gives you access to vital funds by using your existing assets as collateral – from invoices and stock, to property and machinery. Our solution can be tailored to address your unique requirements, whilst releasing a higher level of working capital than other forms of finance. An asset based loan can help support your business growth plans.
How it works
We’ll meet you face-to-face to discuss your funding requirements.
We’ll determine what level of funding we can make available to you.
We’ll send a proposal and quote for a multi-asset funding solution.
You’ll receive the funds to support your business growth.
You make agreed payments dependent on the solution.
What are the benefits?
An Asset Based Finance solution can benefit your business plans in a number of ways.
- Access to higher availability of working capital.
- Funding grows in-line with your business.
- A fast and cost-effective way to fund growth.
- Enables Management Buy-Outs (MBOs) and Management Buy-Ins (MBIs).
- Also supports mergers and acquisitions.
Who will Asset Based Lending help?
Businesses with multiple assets often find an Asset Based facility to be an ideal solution for securing crucial funding. It can help businesses across a wide range of sectors including, but not limited to, the following:
- Wholesalers and Distributors
- Haulage and Transport
We are pleased to announce the successful completion of a £900,000 Asset Based Lending (ABL) facility which has been used to facilitate the management-buy-in (MBI) of established wastewater services provider Active Pump Services Limited.
Time Finance, the alternative finance provider to more than 11,000 UK SMEs, has reached another milestone in its ambitious growth strategy, reporting an own book lending reaching a new high of £175m, an 18% increase over the last 12 months.
We are pleased to welcome Charlotte Wall to our Invoice Finance team in Reading as Head of Relationship Management (South).