ABL could be an attractive financing option owing to its flexibility and availability for all corporate purposes and sectors. The lending can be based on: Receivables, Inventory, Plant and Machinery, and Property. We can undertake asset due diligence across all asset classes.
Asset Based Lending (ABL) offers secured financing solutions against receivables and/or other collateral classes (inventory, plant and machinery, and property) for corporate customers, including those owned by private equity sponsors.
We originate, structure and execute ABL solutions on a bilateral and syndicated basis. ABL could be used across transactions that include working capital, acquisitions, re-financings, turnaround and restructuring.
We are able to help corporate customers identify how to utilise their balance sheet to access lower cost capital.
How could Asset Based Lending support your business?
Security may be required. Product fees may apply. Subject to status, business use only.
Receivables
- Up to 95% of eligible invoices
- Revolving credit facility secured against current assets
- Debt purchase or loan against receivables
- Confidential
- Export funding capability
Property
- Up to 75% of Loan to Value on all commercial property, both freehold and leasehold
- Amortising term loan secured against fixed assets
- Term loan element will generally not exceed 50% of the total ABL facility
Inventory
- Up to 70% of cost price of eligible inventory
- Or 95% of appraised Net Orderly Liquidation Value (NOLV) as advised by an expert third party valuer
- Revolving credit facility secured against current assets
- Capable of funding most types of inventory
Plant and Machinery
- Up to 85% of ex-situ market value
- We can also consider in situ valuations in some scenarios
- Amortising term loan secured against fixed assets
- Term loan element will generally not exceed 50% of the total ABL facility
Cleveland Containers Ltd
GBP 45,000,000 Asset Based Lending
Working Capital Facilities
Arranger
August 2023, UK
Cleveland Containers Ltd
Undisclosed Working Capital Facilities
Arranger
August 2023, UK
Thomas Holdings (North West) Limited
GBP 125,000,000 P&M Secured ABL Facility; GBP 10,000,000 CID Facility
P&M Facility Agent
August 2022, UK
European Metal Recycling Limited
GBP 200,000,000 Asset Based Lending Facility
Lender
January 2024, UK
4Syte Funding Limited, 4Syte ABL Limited
GBP 45,000,000 Back to Back ABL
Bilateral
September 2022, UK
Kelling Group Limited
GBP 137,000,00 P&M Secured ABL Facility
Lender
August 2022, UK
Ferovinum Limited
GBP 40,000,000 Inventory Facility & Receivables Facility
Sole Lender
May 2023, UK
LWC Drinks Ltd
GBP 30,000,000 Invoice Discounting Facility. Acquisition and Working Capital
Arranger
August 2023, UK
LWC Drinks Ltd
Undisclosed Acquisition and Working Capital
Arranger
August 2023, UK