ABL could be an attractive financing option owing to its flexibility and availability for all corporate purposes and sectors. The lending can be based on: Receivables, Inventory, Plant and Machinery, and Property. We can undertake asset due diligence across all asset classes.
Asset Based Lending (ABL) offers secured financing solutions against receivables and/or other collateral classes (inventory, plant and machinery, and property) for corporate customers, including those owned by private equity sponsors.
We originate, structure and execute ABL solutions on a bilateral and syndicated basis. ABL could be used across transactions that include working capital, acquisitions, re-financings, turnaround and restructuring.
We are able to help corporate customers identify how to utilise their balance sheet to access lower cost capital.
How could Asset Based Lending support your business?
Security may be required. Product fees may apply. Subject to status, business use only.
Receivables
- Up to 95% of eligible invoices
- Revolving credit facility secured against current assets
- Debt purchase or loan against receivables
- Confidential
- Export funding capability
Property
- Up to 75% of Loan to Value on all commercial property, both freehold and leasehold
- Amortising term loan secured against fixed assets
- Term loan element will generally not exceed 50% of the total ABL facility
Inventory
- Up to 70% of cost price of eligible inventory
- Or 95% of appraised Net Orderly Liquidation Value (NOLV) as advised by an expert third party valuer
- Revolving credit facility secured against current assets
- Capable of funding most types of inventory
Plant and Machinery
- Up to 85% of ex-situ market value
- We can also consider in situ valuations in some scenarios
- Amortising term loan secured against fixed assets
- Term loan element will generally not exceed 50% of the total ABL facility
Haydock Stock Finance Limited
GBP 25,000,000 Receivables Facility; GBP 25,000,000 Accordion
Bilateral Lender: NatWest, June 2022, United Kingdom
Zodeq Limited
GBP 40,000,000 Receivables Finance Facility
Lender: NatWest, September 2022, United Kingdom
Thomas Holdings (North West) Limited
GBP 125,000,000 P&M Secured ABL Facility; GBP 10,000,000 CID Facility
P&M Facility Agent: RBSIF, August 2022, United Kingdom
C&J Clark (No 1) Limited
USD 250,000,000 ABL RCF
Lender: NatWest Plc, June 2022, United Kingdom
4Syte Funding Limited, 4Syte ABL Limited
GBP 45,000,000 Back to Back ABL
Bilateral: RBSIF, September 2022
Kelling Group Limited
GBP 137,000,00 P&M Secured ABL Facility
Lender: NatWest, August 2022, United Kingdom
Ferovinum Limited
GBP 40,000,000 Inventory Facility & Receivables Facility
Sole Lender: NatWest, May 2023, United Kingdom
Recycling Lives Limited
GBP 40,334,000 ABL Facility; GBP 10,000,000 Lombard Facility
Bilateral Lender: NatWest, January 2023, United Kingdom
White Oak No.6 Limited
GBP 40,000,000 Receivables Facility + Accordion
Bilateral Lender: NatWest, July 2022, United Kingdom