Asset-Based Lending in the UK Market

Market Overview

Asset-based lending has become increasingly popular in the UK, with more businesses recognizing its benefits:

• Flexible funding solutions for various business sizes
• Growing number of specialist lenders
• Increased acceptance by mainstream banks
• Support for various industry sectors

Key Benefits for UK Businesses

• Access to larger funding amounts
• More flexible than traditional bank loans
• Support for seasonal businesses
• Funding for growth and expansion
• Quick access to working capital

Terms and Protections to Check

The regulatory position and protections depend on the agreement, provider and borrower. Check:

• Which entity provides the facility and whether it is regulated for this activity
• The complete fee and interest structure
• The assets, receivables and other security covered by the agreement
• Default, termination and enforcement terms