In the first instance, perhaps we should explain Asset-Based Lending (ABL). This is a generic term given to multiple different disciplines that look at funding specific types of assets, including Property, Trade Debtors, Stock, Plant and Machinery, Vehicles, and Supply Chain Finance.
While your bank might be a familiar choice for commercial funding, there are alternative options that could better suit your needs and offer additional benefits. Using a broker like Sterling Commercial Finance Ltd may get you the funding you require if the bank won’t or can’t assist.
Which option is right for your business? Let's take a closer look at invoice finance vs. traditional loans.
As a business owner, managing cash flow can be daunting. This is where invoice finance comes into play.
What our team get up to outside the day job. Second up is John Laycock, one of our Commercial Finance Consultants. John joined our team in 2023 after working on the front line for various finance providers for 46 years covering Banking, Invoice Finance, Asset Finance, Trade/Supplier Finance and more.
We're thrilled to introduce our innovative tool that searches over 90+ lenders for you. Get personalised property finance quotes that match your business's unique needs.
We have seen increased requests for short-term funding to support refurbishment projects. Several of these projects have been where a client wants to convert a property into a “house in multiple occupation” (HMO), which may be occupied by students, young professionals or individuals.