Friday, July 11, 2008

Invoice discounting and other asset finance

Asset Based Lending
Lloyds TSB Commercial Finance led the way in the development of asset based lending (ABL) in the UK and has over forty years experience of assisting businesses. Asset based lending is a flexible form of finance which allows businesses to secure funding against debtors (via invoice discounting and factoring), stock, plant and machinery and property. Lloyds TSB Commercial Finance is the only UK clearing bank to provide this full asset based approach.
We will work with you to identify your cash requirements and to structure a suitably flexible funding package to suit you. This could be to simply refinance your existing working capital, to fund periods of aggressive growth, to help finance a management buy-out or buy-in or indeed to fund an acquisition. We finance facilities from £250k to £100million and are able to arrange larger, syndicated facilities.
Invoice Discounting
With our invoice discounting product, you will receive advances of funds against outstanding sales invoices. Up to 90% of the value of your invoices can be paid out within 24 hours of raising them. Funds advanced under invoice discounting can be increased when a selection of assets is taken into consideration: We can provide funds against invoices, stock, plant and machinery, land and buildings. The exact mix of assets utilized will depend on your needs and the strength of security in the assets themselves.

Refinance - Check out refinance mortgage tips, why and when to refinance, refinancing faq and calculators and know if bad credit refinance is available.It gives you the chance to replace your current mortgage with a new loan having favorable rate and terms that you can afford to manage.

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