Asset Based Lending is generally provided together with a Factoring or Discounting Facility. It is a quick method of raising finance against assets within your business. Alfandari can often raise up to 50% more than other providers giving us an edge in this field.
Asset Based Lending commonly provides significant additional funds:
- Up to 90% upon unpaid invoices
- Up to 90% on the value of plant & machinery
- Up to 40% on raw materials
- Up to 70% on property
Asset Based Lending can be used to raise anything from £25k – £30million in corporate finance to support expansion, MBI, MBO’s.