Asset Based Finance Industry Information

The asset based finance industry is a rapidly growing area of business finance and the Asset Based Finance Association wishes to support this trend by raising the awareness of these forms of flexible business finance.

The asset based finance industry provides Factoring, Invoice Discounting and Asset Based Lending services to a wide range of businesses. To find out more about products on offer from the Asset Based Finance industry please click here to download our Guide to Asset Based Finance.(Irish version here). To find out more about the industry and the types of funding available for your business click on the links below.

Why Asset Based Finance?

For many companies debtor balances are the largest asset in the balance sheet. They may also turn into cash at a much slower rate than the business would like, often representing two or three months’ sales which can slow down your ability to grow.

Asset based finance products have been solving these problems for over 40 years in the UK and Ireland, providing a range of valueable options. Click here to find out how Asset Based Finance can help your business.

To find out more about the products and services that this industry provides click here to launch a short elearning presentation, taking you through the products on offer. The presentation takes no more than 15 minutes.

Click here for our Introduction to Invoice Finance

Factoring

Sometimes referred to as a Full Service Factoring, Factoring provides the complete answer to slow-paying customers, shortage of working capital and, if needed, protection against bad debt losses. Exporters may like to know that some of our Members have partners in overseas markets and can include export transactions in their service.,

Click here for more information on Factoring.

Invoice Discounting

If your business already practices sound credit management, and has the staff and systems to generate rapid customer collections, the Factor’s skills will not be needed. But there may still be a need to turn debtors into cash faster, and generate the maximum working capital from the sales ledger balance. In this case an Invoice Discounting facility would be more appropriate. Click here for more information on Invoice Discounting.

Asset Based Lending

Some of the ABFA Members will also provide finance against other assets if there is already an Invoice Finance facility in place. These others assets could include stock or plant and machinery or property. Asset Based Lending is an exciting, emerging product and delivers sophisticated solutions for a variety of scenarios including growth, MBOs, MBIs, mergers and acquisitions, refinancing, turnarounds, and public to private transactions across both European and global arenas. Click here for more information on Asset Based Lending.

Find a provider for your finance needs here>