What is asset based lending?
Asset based finance is a form of working capital financing.
If you are a larger business and have an invoice discounting facility, you may be able to raise additional capital by borrowing against further assets including:
• Plant and machinery.
How does Asset Based Lending benefit your business?
• Delivers fast access to working capital.
• As the finance is linked to sales, it grows in line with your business.
Asset Based Lending can be used to fund:
• Seasonal cash shortfalls.
• Equipment purchases.
• Mergers and acquisitions.
Depending on the size of your capital requirements, large transactions may be syndicated between a group of asset based lenders.
Many asset based lenders can customise lending to suit individual and sector requirements.
Get the most appropriate business financing options for your business.
Save time and money by letting us find the best and most cost effective business finance package for your organisation.
The Business Bureau has vast experience in working capital finance including asset based lending.
Contact us now for a asset based lending quotation. We would be delighted to discuss your individual business requirements further.