Our offering
Providing flexible Asset Based Lending (ABL) solutions
Traditional Invoice discounting provides an injection of cash into a business by releasing money against unpaid sales invoices. Up to 90% is made available within 24 hours of an invoice being raised. The remaining balance is made available when your customers settle their outstanding invoices. This facility is provided confidentially, so your customers remain unaware of the financing arrangements.
Sometimes additional headroom is needed over and above invoice discounting funding. Commercial Finance can work with you to identify your cash requirements and then to structure a package of facilities to suit you. This could be to refinance existing working capital facilities, to finance periods of strong growth, or to assist in a turnaround situation. Transactions such as mergers, acquisitions, MBOs and MBIs in particular often require additional headroom beyond invoice discounting funding.
This additional funding can be provided through an ABL solution, releasing extra funds against other assets such as stock, plant & machinery, land and buildings.
- Enables working capital to grow in line with sales
- Provides financial headroom giving greater financial flexibility
- Full confidentiality maintained, third parties would not be aware of the chosen financing method
- On-line information, providing direct links to help manage your finances
- Suitable for transaction funding such as mergers, acquisitions, MBOs and MBIs
- All tangible assets are considered
- Experienced business advisors work closely with you to provide solutions quickly and seamlessly
| Turnover | Requirement | Service Features | Price Guide |
|---|---|---|---|
| Euro 1m+ |
Positive trading record and good systems of control All assets debenture Exports over 10% insured or undoubted |
Advance up to 90% against approved debtors Account access available online Client retains own credit control Export accounts funded in local currency ~ euros or sterling Debtors and stock up to 125% of gross sales ledger full packages (combination of debtors and stock / plant & machinery / property) up to 200% of gross sales ledger |
Finance Fee Typically 1.5%-2.5% over Eurobor rate or appropriate currency interest rate Fees Negotiable, dependent of size and structure of facility |
