In its rawest form Invoice Finance unlocks the cash tied up in your invoices so rather than wait to your credit terms and then some for payment, the funder releases cash against your invoice (up to 90%).
‘Loan’ is quite a general term but usually describes an advance of cash in one lump to be repaid over a given period. They can be a useful tool for SMEs and are the simplest form of debt typically.
Asset Based Lending
Asset Based Lending (ABL) is essentially lending a business money, secured against its assets such as the Debtor Book, Stock, or Property. Unlike invoice finance which solely uses the debtors, ABL typically uses a combination of assets to release more cash.
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