Unlocking the value of unpaid invoices has become an increasingly important way for businesses to gain access to working capital.
Small businesses owed large amounts by their customers (often larger corporates) can face cash flow issues, as can seasonal businesses with uneven income streams. Asset based finance helps businesses access flexible and much needed working capital that grows with their business.
Finance is secured against an asset owned by the business. The loan amount will depend on the value of the asset determined by the lender and can be secured on inventory, accounts receivable, property, industrial equipment and some times even intellectual property such as patents or your brand.
What We Do
Our team of lawyers help both lenders and borrowers to ensure a proper legal framework around the asset based finance agreement to ensure that both parties are protected and are clear on their legal requirements for lending.
Our receivables finance and asset based lending team offers a specialist service, focussed on this particular form of lending. We provide detailed advice, tailored to the specific needs of:
- UK and overseas asset based lenders
- Specialist Finance Houses
- Corporates
- SMEs
- Investment funds
- Partnerships
- Joint ventures.
Contact Us
Our specialist lawyers provide a full range of legal services for asset based lenders. Give our friendly team a call on 0808 291 4962 or get in touch online.
