Asset Based Lending
Short-term loans using existing inventory, such as materials stored in warehouses, as collateral.
Flexible working capital facility that uses the value of business assets as collateral.
Asset Based Lending enables us to provide more liquidity than traditional funding structures would usually permit.
We take the time to understand the business, its working capital cycle and the fair value of its assets. This enables us to tailor the most appropriate solution and maximise the available funding.
This will usually be based on assets including receivables, inventory, property and plant and machinery.
The facility is structured against underlying asset values. It can help growing businesses that have working capital tied up as unpaid invoices and the amount of stock stock they need to hold increase.
The service is administered through a simple web page.
Benefits of asset based lending
- Flexible funding: finance that can grow with the business
- Improves cash flow: helps to minimise the impact of late payment or cash absorbed through inventory
- Unlocks value: releases capital that is often trapped in fixed assets.
Why Wyelands Bank
We understand that freeing up working capital is a major challenge for many businesses, and we offer a range of flexible services to help.
Our vision is to develop partnerships that provide opportunities to grow together, by providing access to working capital, tailored to each client.