Leverage Your Assets for Growth with Asset-Based Loans
Enhance Your Business Funding with Asset-Based Loans from Navigate Commercial Finance
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Asset-Based Loans are a powerful financing solution that allows businesses to leverage their assets to secure necessary capital. This approach is ideal for companies looking to maximise their working capital and finance growth. At Navigate Commercial Finance, we specialise in crafting customised Asset-Based Loan solutions that align with the unique needs and goals of UK businesses and those with overseas operations.
Understanding Asset-Based Loans:
Asset-Based Loans utilise assets like inventory, machinery, or receivables as collateral to generate funding against them. This type of financing is particularly beneficial for larger businesses that want to improve liquidity, finance expansion plans acquire, or refinance structured finance agreements Asset-Based Lending can support your business in the following ways:
- Increase the pool of finance available to you: Unlock significant funding based on the value of your assets (receivables, inventory, property, plant and machinery which might otherwise be inaccessible through conventional unsecured loans.
- Improved Cash Flow: By converting fixed assets into working capital, you can manage operational costs more effectively and take advantage of growth opportunities.
- Flexible Terms: Asset-based loans can be structured with more flexible terms than traditional loans, providing your business with the breathing room it needs to meet its strategic goals and thrive.
Asset-Based Lending Solutions:
- Receivables Financing: Accelerate cash flow by borrowing against invoices due from customers, perfect for companies with long payment cycles or those that are growing.
- Inventory Financing: Secure a revolving line of credit by using your existing inventory as collateral, ideal for wholesalers, manufacturers and commodities.
- Equipment Financing: Use your machinery or equipment to secure funding, which can then be reinvested back into your business for expansion or modernisation.
FAQs about Asset-Based Loans
Q: What types of assets can be used as collateral for Asset-Based Loans?
A: Common assets include inventory, accounts receivable, equipment, property and even the businesses financial viability for a cashflow loan top slice.
Q: How do Asset-Based Loans differ from other types of business funding?
A: Asset-Based Loans utilise collateral in a business’s balance sheet to provide a fully revolving line of credit on more flexible terms that potentially generates larger sums of finance .
Q: Are Asset-Based Loans suitable for all businesses?
A: It is particularly advantageous for businesses with substantial assets and a need for working capital to support operations or growth initiatives.
Q: What are the typical costs associated with Asset-Based Loans?
A: Costs can include interest rates on the borrowed amount, appraisal fees for asset evaluation, and administrative fees.
The Navigate Commercial Finance Advantage
Customised Financial Solutions: We take the time to understand your business and funding requirements from there we speak to the right lender with the aim of securing a loan structure that perfectly aligns with your businesses working capital.
Experts with 60+ years of Experience: With years of experience in commercial finance arena, our experts provide guidance and insights to help you choose the most suitable traditional business loan for your business.
Strategic Insights: Benefit from our deep industry knowledge to stay ahead of market trends.
Take the Next Step
Is Asset-Based Lending the right solution for your business? Contact Navigate Commercial Finance for a comprehensive assessment of your funding needs and how our solutions can help unlock your business’s potential.
“Navigate CF are a pleasure to deal with by offering a unique blend of Industry knowledge and support but with a first-class understanding of the Commercial Finance market and each lenders credit appetite or sweet spot.
Close Brothers Invoice Finance