What is a Multi-Product Funding Solution?
For many small and mid-sized businesses, a Multi-Product funding solution or Asset Based Lending as it is technically known offers SME owners a flexible and reliable solution to cash flow challenges they may be facing. Whether you’re a business who is looking to expand operations, needs to manage seasonal demands, or is navigating a turnaround situation, Multi-Product funding can unlock the value of your company’s assets and improve your business’s cash flow.
Multi product funding also has the advantage that it can be tailored and made bespoke to your specific funding needs. Whether you’re looking to grow or you need to unlock cashflow for day-to-day business needs, Multi-Product Solutions can be the perfect solution where you could borrow from £100k up to £5m.
How does it work?
- We assess the Assets involved: We will review the assets you are looking to utilise – ledger, equipment etc and assess their value.
- Review Finances: We’ll review your business finances and provide you with a value of how much you will be able to access.
- Funding: Once approved, we provide a line of credit or term loan backed by the collateral.
- In life Management: We will conduct regular audits to ensure the funding limits are working for your business.
As your business grows and assets increase, your available credit line can expand too—offering built-in scalability.
How would it benefit me and my business?
- Your business will have increased access to working capital.
- You can leverage existing assets to increase cashflow.
- Funding grows in line with your business.
- It can support mergers, acquisitions and Management Buy-Outs and Buy-Ins.
- As this solution combines different types of funding, you only have to approach one lender for one deal rather than multiple from variable lenders, saving you time to focus on other areas in your business.
Multi Product Funding is best suited for companies that:
- Have valuable assets (e.g. invoices, equipment or inventory).
- Who need consistent working capital to help them manage growth or seasonal changes which may occur
If you’re a business owner looking to unlock cashflow, a Multi-Product Solution could be for you.