Asset based lending is essentially lending against any assets that a business has. These can include stock, plant and equipment or even property, and can be used as either a short-term funding solution or (for asset rich businesses) even for leveraged buy-outs. We also have access to competitive rates for the purchase of new plant and machinery.
In a similar way to invoice financing, Asset based lending allows you to release much needed funding to help with immediate cash-flow issues.
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