- 16 Aug
Asset Cash Release - Up to 120% Funding
Top up finance with an advance rate of up to 120% of your sale ledger?
We have just had notification from one of our of our panel of invoice finance companies that they can now offer total ABL funding of up to 120% of the value of your sales ledger.
Asset Cash Release - ABL Solution
They have just launched Asset Cash Release, and ABL (asset based lending) solution which can top up the amount of finance that customers can access. For facilities of between £50K and £1M, the effective advance rate can be as high as 120% of sales ledger value.
They promise a simple, single application process and one point of contact from application to ongoing client management.
Growth Opportunity Or An Unexpected Bill?
If you have an unexpected bill or a new opportunity for growth, this kind of top up finance could be a good option.
Please contact us or call Sean on: 03330 113622 for more details and the full terms and conditions.
- 05 Aug
A Simple Explanation Of Asset Based Finance.
We had a recent meeting with one of our funding partners, that position themselves as an asset based finance company. That means that they are able to fund against a variety of assets, including the book debts of companies.They gave a really simple explanation of asset based finance (sometimes called Asset Based Lending or ABL), which I thought summarised how it works perfectly.An asset finance...
- 28 Dec
Using Property To Secure A Business Loan
The daily update from UK Finance, the trade association for the banking and finance sector, included a "stat of the day" that average house prices have risen by 1,382% since 1978 (they say according to figures by mortgage broker Trussie).That rings true with my own experience of house prices rising but is still a staggering increase.Whilst that creates all sorts of problems for those trying to...