ABL IndexAsset Based Lending Index
The Asset Based Finance industry as a whole has gone from strength to strength in the UK and Ireland. Over 47,000 businesses are using this industry’s products and services, namely Factoring, Invoice Discounting and Asset Based Lending (or ABL), to grow their businesses. However, in more recent years it is the advent of Asset Based Lending which has got everyone talking. The UK financial market often follows the lead of the market in the USA, and Asset Based Lending is no exception.
Asset Based Lending is
well established in the USA and is becoming increasingly so in the UK. Asset Based
Lending is when an organisation lends money to an organisation against their property,
plant, machinery, stock, or sometimes even their brand name. It delivers sophisticated
solutions for a variety of scenarios including growth, MBOs, MBIs, mergers and
acquisitions, refinancing, turnarounds, and public to private transactions (across
both a European and a global arena). It is also not uncommon for several Asset
Based Lenders to work together in what is known as a ‘syndication’, to combine
the lending power required.
Asset Based Lending is a emerging
product. There are multi-million pound deals, cross border deals done, and many
multi-national companies are waking up to the realisation that this is a very
flexible and exciting financial product which has proven its reputation within
various economic cycles.
To view a quick video on the benefits
of Asset Based Lending click here Asset
Based Lending video.
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