Asset Based Lending

Asset Based Lending Service

Our asset based lending service:

  • Unlock capital from existing assets: Leverage your inventory, equipment, or receivables to access funds otherwise tied up, boosting working capital without additional investment.
  • Funding grows with your business: Borrowing capacity expands as your business grows, ensuring your funding keeps pace with evolving needs.
  • No personal guarantees required: Secured against business assets, reducing personal risk for owners and separating personal from business finances.
  • Quick access to funds: Draw down funds within days or hours, crucial for seizing opportunities or managing unexpected cash flow challenges.
  • Tailored financial solutions: Personalised approach aligns financing with your specific business model, cash flow patterns, and requirements.
  • Maximise borrowing potential: Borrow against full asset value, often at higher percentages than traditional lenders, increasing overall borrowing capacity.
  • Suits various industries and sizes: Versatile option for different sectors and business sizes, from SMEs to large corporations.
  • Improve cash flow, retain equity: Access funds for growth or operations while maintaining full ownership and control of your business.

Asset-based lending (Asset-Based Lending) is a specialised form of finance that allows businesses to borrow money based on the value of their assets. Unlike traditional lending, which often focuses on a company’s credit history or cash flow, Asset-Based Lending uses a firm’s assets as collateral. These assets typically include accounts receivable, inventory, machinery, and equipment. 

The lender provides a revolving line of credit or term loan, with the borrowing limit determined by a percentage of the assets’ value. This type of lending offers flexibility, as the available credit can increase as the value of the assets grows. Asset-Based Lending is particularly useful for businesses with significant assets but perhaps inconsistent cash flow or those in growth phases needing quick access to working capital. It provides a way for companies to leverage their existing resources to secure funding without diluting ownership or relying solely on future profit projections.

If you’d like to know more about asset financing solutions, an Articus Finance Broker can help.

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What is the criteria for asset based financing?

In general terms, the criteria for asset based financing include the following:

1. Valuable assets

Businesses must have measurable assets that can be used as collateral, such as inventory, equipment, accounts receivable, property, or even intellectual property

2. Established business

Asset-Based Lending is usually targeted towards established businesses with a well-documented trading history

3. Detailed financial statements

Asset based lenders require accurate financial statements covering the company's trading history, showing financial performance and the ability to repay the facility

4. Asset quality and marketability

Higher quality and more liquid assets are preferred, as they can be easily sold or converted to cash

5. Credit history

While less important than in traditional lending, the business's credit history is still considered

6. Cash flow

The company's cash flow patterns are evaluated, although inconsistent cash flow may be acceptable if asset values are strong

7. Regular reporting

Businesses must be prepared to provide ongoing reports on their financial performance and asset values

Which businesses may need asset backed lending?

1. Manufacturing Industry

Manufacturers are prime candidates for asset backed finance due to their asset-rich nature. They typically have valuable machinery and equipment that can be used as collateral and an inventory in the form of raw materials and work-in-progress goods

Asset-Based Lending allows manufacturers to leverage these assets for working capital, expansion, or to manage seasonal fluctuations in cash flow.

2. Retail Industry

Retailers are well-suited for asset backed loans due to their inventory-heavy business model. They can benefit from inventory financing, using their finished goods as collateral

Asset-Based Lending can help them to manage seasonal inventory fluctuations.

3. Transportation and Logistics Industry

Companies in this sector can greatly benefit from Asset-Based Lending. They often have valuable equipment such as trucks, trailers, and other vehicles that can serve as collateral

The need for asset based lending can address the potential for seasonal fluctuations in business volume.

4. Wholesale and Distribution Industry

Wholesale and distribution businesses are ideal candidates for an asset backed loan because they typically have a large inventory of goods and significant accounts receivable from retailers or other businesses.

These industries can benefit from Asset-Based Lending due to cyclical cash flows that may require flexible financing options.

5. Service Industry

While service providers may not have significant tangible assets like manufacturers or retailers, they can still benefit from Asset-Based Lending through accounts receivable financing.

This is particularly useful for service companies that have a large volume of outstanding invoices, deal with clients who have longer payment terms or need to manage cash flow gaps between service delivery and payment receipt.

FAQs for asset based lending

Asset-based loans are secured by company assets such as eligible accounts receivable, inventory, real estate or equipment. Asset financing is a viable source of capital for businesses unable to qualify for traditional bank financing.

Asset-Based Lending analyses the quality and performance of the underlying collateral first, then considers the borrower’s financial condition. Traditional bank financing is based more on anticipated cash flow and often requires more stringent financial requirements

Asset-Based Loans can benefit companies in various industries including manufacturing, wholesale, distribution, services, construction, and more. It’s useful for startups to established businesses seeking funds for expansion, acquisitions or turnarounds 

Asset-Based Finance can be used by companies experiencing rapid growth, high leverage, turnaround situations, operating losses, minimal net worth, tax problems or credit issues. The loans can fund working capital, mergers/acquisitions, debt consolidation and other needs 

Benefits include faster approvals, simpler covenant monitoring, support for business growth, improved liquidity, and often competitive interest rates 

Disadvantages may include risk to physical assets used as collateral, more emphasis on collateral monitoring and reporting, and potentially less flexibility than unsecured credit lines

Common assets used include accounts receivable, inventory, equipment, real estate, and in some cases intellectual property.

Using a broker to source the most suitable asset based lender for you can be beneficial for several reasons:

Expertise: Brokers often have specialised knowledge of the Asset-Based Lending market and can help navigate complex lending structures.

Access: They may have relationships with multiple asset based lending companies, potentially offering more options and competitive rates.

  1. Time-saving: Brokers can handle much of the paperwork and negotiation process, saving time for the business owner.
  2. Matching: They can help match your specific business needs with the most appropriate Asset-Based Lending products and lenders.

Why Choose Us

Service

We don't believe in one-size-fits-all approaches. Our team takes pride in crafting bespoke asset finance solutions that align perfectly with your unique business needs. From the moment you reach out to us, you'll experience our dedication to exceptional service. We're not just lenders; we're your financial partners, committed to your success every step of the way.

Relationships

We believe that the strongest financial solutions are built on robust relationships. That's why we invest time in truly understanding your business, its challenges, and its aspirations. Our approach is collaborative and transparent, fostering a partnership that extends far beyond a simple transaction. With us, you're not just another client – you're a valued partner in a shared journey towards financial success. We also hold strong relationships with lenders to ensure that we maximise the offer to you.

Knowledge

In the complex world of asset-based lending, knowledge truly is power. We are whole of market and our team boasts decades of collective experience, coupled with an insatiable appetite for staying ahead of market trends. This deep well of expertise allows us to offer insights that go beyond mere financing. We'll help you unlock the full potential of your assets, providing strategic advice that can transform your business's financial landscape.

Trust

Trust is the cornerstone of any financial relationship, and we earn it through our actions every day. Our track record speaks for itself, with a portfolio of satisfied clients who have experienced the transformative power of our asset-based lending solutions. We operate with the utmost integrity, ensuring that every decision we make is in your best interest. When you choose us, you're choosing a team that values your trust above all else.

Testimonials

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Tafouse brings expertise from the prime London property market, excelling in client care. Dedicated to exceptional service, Tafouse goes above and beyond to meet your needs. Passionate about rugby, travel, and showjumping, his diverse interests reflect a commitment to excellence in every interaction.

Harry Lart

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Harry has over 16 years of experience within the Finance, Housing and Development sector. He started off his career as a CIMA Qualified Chartered Accountant and transitioned over to financial services in 2019. During this time he has dealt with a range of complex financial arrangements from ex pat mortgages to large development loans. Harry has a can do attitude and believes there’s a solution to every situation and will work tirelessly to ensure your deal crosses the line. In his spare time Harry likes to play poker, travel and try new cuisines.

Carolina Barreiros

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Carolina is a multilingual Marketing Manager originally from Portugal. She specialises in International Marketing and Business, helping organisations expand their brand awareness globally over the last 4 years. Her past work includes supporting start-ups to multinational companies in the UK and across Europe. She is a creative and passionate individual, bringing a fresh perspective to the financial industry and delivering high quality research.

In her spare time, Carolina enjoys socialising & travelling around the world, embracing different cultures and experiences. 

Antonia Grieve

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Antonia brings fantastic planning, organisational and time management skills to her role as office manager, ensuring that operations at Articus run smoothly. An experienced administrator with fantastic problem solving skills, Antonia began her career working in medical administration, so she is highly experienced working with confidential client data.

Jack Cuthbert

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Jack comes from a background of delivering great customer service. He has worked in the property industry since 2016 and has solid knowledge of the property market, combined with a good knowledge of the mortgage industry. Jack is CeMap qualified and enjoys looking after his clients and building strong working relationships. Away from work, Jack spends most of his time travelling with friends, playing football and watching Charlton Athletic.

Matthew Currey

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Matthew has experience working as a mortgage administrator and assisting with clients of any calibre. His main strength is his ability to develop a close relationship to his brokers and clients, allowing for a smooth transition throughout your mortgage journey, his friendly nature helps in making the process a lot less intimidating than it needs to be. Outside of work Matthew spends his time playing Chess and exploring the world with his Girlfriend.

Danny Doran

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Danny started his career in financial services in 2005. He has developed an ability to build relationships and collaborate for success, through consistent communication, a holistic approach to deal building and an ability to swiftly problem solve. Danny has worked with Private and High Net Worth clients for over a decade and is driven by a strong, natural desire to ensure his clients and their businesses reach their full potential. As a property investor himself, he is well placed and experienced in all things property related. Outside of work, Danny has a keen interest in psychology, the outdoors and travelling.

Theo Osborn

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Theo started his journey in the specialist finance industry while working as a journalist at an industry trade magazine. During this time he amassed a great knowledge of mortgages, bridging, development and commercial funding and established a wealth of relationships in the industry. He transferred these skills and now specialises in assisting clients with their specialist finance requirements. Working alongside the CEO, Theo has learnt the nuances of ultra-complex transactions and knows how to most efficiently manage the funding process to completion. Theo aims to achieve the best solution for every client he deals with a particular focus on sourcing funding for developments and refurbishment.

Stefanos Petrou

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Stefanos started in financial services in 2013 managing clients across central London. Consistently providing a high level of thorough service. Prioritising communication, research, and innovation in order to meet his clients complex goals. Stefanos strengths lie in maintaining long standing relationships and being by his clients side throughout the process. Outside of work Stefanos enjoys spending time with his friends and family, unless of course Arsenal F.C are playing.

Dino Lazarides

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With over 20 years of financial services experience Dino is an accomplished mortgage adviser who relishes the more complex cases, enjoys a challenge and always does everything he can to ensure his clients not only get the result they need but to achieve their property goals.   A fully qualified financial adviser Dino quickly realised that property and mortgages were his passion and over the years gained his experience helping investors build their property portfolios.  When not working Dino enjoys spending time with his family, loves modern and classic performance cars, popular culture, technology, mountain biking and is a supporter of West Ham United.

William Gleeson

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William started in financial services 2014 arranging finance for HNW clients and their families. One of his main strengths is building deep, long standing relationships with his clients, which enables him to fully understand their needs and tailor solutions to fit each client individually. William has relationships with a variety of lenders ranging from international private banks to some of the largest lenders within the UK. Outside of work, William enjoys spending time with his young family and is an avid rugby player.

Steven Boyde

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Steven started working across London’s property and financial services market in 2007. He specialises in development, bridging and commercial finance and has completed many multi-million transactions. Steven believes in customer focused relationships and has many clients who have been with him for years. Away from work, Steven spends most of his time with his two children and wife, on the golf course or watching Plymouth Argyle.

Samuel Asante

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Whether you require access to bespoke funding, or need to fund a project of any scale, Samuel will always find a solution to meet the requirements of any client. No matter how complex your case is, through his innovative and determined nature, he can find a structure to finance a client’s plans. As a trained martial artist, Samuel’s passion and confidence carries over into the workplace, and you can expect a clear and concise transaction journey from start to finish.

Jason Hunt

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Jason started in 2012 in financial services working across London’s property and financial services markets for HNW individuals. He is able to construct tailor-made solutions to suit his client’s needs, no matter how complicated. He has completed multi-million pound residential, buy to let and commercial developments across the UK. Jason is a confident and motivated individual whom takes pride in offering an exceptional and professional level of service to all of his clients. Outside of work he enjoys hiking, cycling and traveling the world with his sights set on Base Camp Everest.

Assad Younis

Mortgage Broker

Assad prides himself on being open minded and thinking outside the box. Through a personalised approach and consistent communication; Assad’s strong relationships with specialist lenders gives him the ability to reach the ideal outcome for his clients. With a particular strength in dealing with foreign nationals and ex-pats he approaches his clients with a can-do attitude. His attention to detail allows him to actively support his clients and build a long-term relationship by giving a truly tailored approach.  Outside of work, Assad is a keen explorer and foodie, regularly travelling to remote destinations and testing out the local cuisines.

Shyan Zubair

Co-Founder & Managing Director

Shyan is a global businessman with keen commercial acumen and a deep understanding of the UK property market. Following the successful completion of an undergraduate and postgraduate degree in Mathematics from King’s College London, Shyan has held a range of highly strategic roles, with a focus on UK property investment – meaning he is well versed in the world of HNW property finance. Not only is he an experienced UK landlord, he has an impressive history in the world of property trading, and has played a pivotal role in the completion of a number of large scale development projects with values up to £30 million.

Oliver Hines-Lloyd

Co-Founder & CEO

Ollie entered the world of high net worth mortgages after living in Geneva, where he provided tailored financial advice to private clients. This experience shaped his career trajectory, giving him first-hand experience in understanding and communicating the benefits of financial advice – all while developing the ability to build exceptional client relationships. Following this, Ollie moved back to London where he began specialising in mortgages. His drive, ambition and natural flair for anticipating the needs of his clients led him to progress quickly from Client Services to broker, where he honed his skillset after passing his CeMap exams. Outside of work, Ollie is an avid traveller – and an equally keen supporter of his local club, Fulham FC.

Antonio Michael

Co-Founder & CEO

Antonio has over a decade’s experience arranging and negotiating mortgage finance for some of the UK property market’s most complex transactions. During his career, he has worked at some of the UK’s most prestigious mortgage brokerages, as well as the fast-paced world of currency broking. As a result, he has a wealth of relevant experience in handling complicated cases, like clients buying properties through trusts. Crucially, Antonio has developed an almost unparalleled network of close industry relationships. This enables him to navigate challenging situations with ease, and he relishes taking on cases that have struggled to progress elsewhere and seeing them through to completion.

Antonio Michael

Co-Founder & CEO

Antonio started in financial services in 2006, arranging and negotiating mortgage finance for some of the UK property market’s most complex transactions. During his career, he has worked at some of the UK’s most prestigious mortgage brokerages, as well as the fast-paced world of currency broking.

As a result, he has a wealth of relevant experience in handling complicated cases, like clients buying properties through trusts. Crucially, Antonio has developed an almost unparalleled network of close industry relationships. This enables him to navigate challenging situations with ease, and he relishes taking on cases that have struggled to progress elsewhere and seeing them through to completion.