Flexibility
With greater flexibility of primary asset type, you can leverage plant and machinery, property and receivables to unlock capital to keep cash flowing.
With greater flexibility of primary asset type, you can leverage plant and machinery, property and receivables to unlock capital to keep cash flowing.
We can help your business to grow by unlocking an even higher level of funding that can be scaled as your business does. With bespoke repayment structures, we create a facility unique to you.
With a dedicated relationship manager a phone call away and an ABL structuring manager to tailor solutions to suit event-driven change, we’ve got a team of experts to give you the support you need to grow.
Many businesses navigating business finance often wonder what is Asset Based Lending. It’s when a business uses its existing assets as collateral to secure funding unlocking cash otherwise tied up, and providing a higher availability of working capital when compared with traditional lending facilities.
It’s a fast and effective way to fund growth and it’s scalable, ideal for event driven change such as MBOs, MBIs, restructuring, mergers or acquisitions. It’s a mix of revolving and term facilities, with available working capital growing in line with your business.
An Asset Based Lending facility unlocks working capital tied up in business assets. Whatever your individual requirements are, we’ll work with you to understand your business needs and design a tailor-made funding facility to meet them.
At a glance, benefits of our Asset Based Lending services include:
Asset Based Lending finance may be suitable for your business if:
We can help turn your ambitions into reality. From expansion plans to new acquisitions, relieving cash flow pressures to reducing finance costs, we'll tailor our service around your particular requirements, so you get the funding that's right for you.
We can help a range of businesses in different sectors such as manufacturing, services, haulage and transport, printers, distributors, importers, wholesalers and more.
Asset Based Lending provides funding against the value of the multiple assets within your business, including debtors, plant & machinery and property. With an Asset Based Lending loan, the cash held within these assets is then released to provide additional working capital.
It works in conjunction with an invoice finance facility which will be required to utilise the benefits of Asset Based Lending and provide an on-going line of credit that grows with your business.
The Asset Based Lending process:
At Aldermore, we understand that it's sometimes difficult to assess the risk of customers not being able to pay. The decision you make could lead you to turn away sales or even end up with a bad debt. Our Bad Debt Protection (BDP) service gives you the confidence of knowing you will receive payment for all your hard earned sales.
How to Make your Business More Sustainable in 2024. Did you know that making simple changes could reduce your business’ energy costs by up to 10%?
Our latest research* looks into the priorities and challenges that small to medium-sized businesses in the UK are facing over the next 12 months.
We look to the positives and examine some ideas to help you and your workforce get through the difficult times to thrive in the future.
*02 and 03 numbers are charged at standard call rates and included in most mobile and landline operators inclusive minute packages
Subject to status. Security may be required. Any property or asset used as security may be at risk if you do not repay any debt secured on it.