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.
![funding specialist](https://timefinance.com/wp-content/uploads/2023/08/funding-specialist.jpg)
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.
![construction lending](https://timefinance.com/wp-content/uploads/2023/08/construction-lending.jpg)
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:
- Manufacturers
- Wholesalers and Distributors
- Engineering
- Haulage and Transport
- Printers
Latest News
![Untitled design 23](https://timefinance.com/wp-content/uploads/2023/11/Untitled-design-23.png)
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.
![Ed Rimmer resized](https://timefinance.com/wp-content/uploads/2023/09/Ed-Rimmer_resized.jpg)
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.
![Charlotte Wall](https://timefinance.com/wp-content/uploads/2024/01/Charlotte-Wall-1.jpg)
We are pleased to welcome Charlotte Wall to our Invoice Finance team in Reading as Head of Relationship Management (South).