Asset Based Lending (ABL)
is a fast and cost effective way to fund the growth of your business and event driven change, such as an MBO, MBI’s, Merger or Acquisition, refinancing, turnaround or working capital requirements.
A facility can provide a mix of Revolving and Term facilities, with available working capital growing in line with your business needs. It can also typically provide a higher level of working capital when compared to more traditional forms, such as a bank overdraft, increasing as your business grows.
A funding line can be secured across a number of asset types including leverage on plant and machinery or property and receivables to unlock capital and improve cashflow.
At Gap Funding we will discuss with you your business, so we can fully understand your future growth plans and assist you in securing the most suitable funding solution.
We can support SME’s across a wide range of sectors including; manufacturing, engineering, distribution, business services, transport and logistics, wholesale, recruitment, importing and other specialist’s sectors such as plant and machinery equipment hire, vehicle hire, construction and so on.
Invoice Finance: enables your business to release cash, from trade invoices issued, into working capital quickly and can assist your business through expansion or acquisition, improving cashflow to support your growth plans.
There are two core principal products generally available
Invoice Discounting: offers fast access to working capital with credit control function retained by you, the business owner, in dealing with your customer and allows you to release funds to your business converted at an agreed percentage of your unpaid invoice into available capital.
Factoring: similar to Invoice Discounting and this offers you fast access to working capital but with the added support of an effective credit control managed on your behalf by the lending institution to collect debtor payments from your customers.
Bad Debt Protection: with both forms of Invoice Finance there may also be the option to add Bad Debt Protection for your outstanding invoiced debtors.
