What is Asset Based Lending?

Companies looking at raising company finance against assets can do so on the following: land and buildings, plant and machinery, motor vehicles, stock and debtors. In some cases, intangible assets such as strong brands or goodwill may be taken into account.

A financier may provide a single, structured funding package against all assets of a business. This approach can give the lender a greater level of security and allow them to the release a higher level of finance than would otherwise be the case.

Alternatively, it may be more appropriate for a business to seek finance on its main asset which is often its debtors, through the factoring of invoices. For business looking to take this route, MCR Finance Brokers can provide specialist business factoring advice.

Asset based lending is available to all businesses in all market sectors. The level of finance that can be secured and the competitiveness of rates quoted will be dependent on the quality of the assets and the underlying strength of the business.

Packaging a funding request in a considered and knowledgeable manner is the key to maximising the available funding. This is where MCR Finance Brokers come in, with our asset based financing advice we can maximise the potential for raising company finance. To find out how we could assist your business, call one of the team on: 0871 873 2939 today.