What we look for when lending money
Before approving your request for funding, we need assurance that you have the ability to repay and you can keep up payments over a period of time.
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Asset Based Lending
Release cash locked up in your business assets
Freeing up cash could help your business thrive
Could help if your capital is locked up in existing assets such as inventory
Borrow against the value of those assets (subject to approval)
Your business must have a minimum turnover of £6.5m
Existing customers, please contact your Relationship Manager for more information
Invoice financing services are provided by RBS Invoice Finance Limited. Security and or guarantees may be required. Product fees may apply. Subject to status, business use only. Specific eligibility criteria apply. Any property or asset used as security may be repossessed or forfeited if you do not keep up repayments on any debt secured on it.
Lending in detail…
Benefits OpenClose
Combine your lending
Asset based lending facilities can
easily be combined with other sources
of funding and capital.
Increase liquidity
Asset based facilities provide your
business with more liquidity and fewer
financial covenants.
Funding export debts
Asset based lending could give you the capability to fund export debts.
Flexibility
Asset based lending could give you flexible financing as the facility will grow with your business.
Why ABL? OpenClose
You require high levels of working capital
If your business has high working capital
requirements, Asset Based Lending might be for you.
You have high growth
If your business has high growth (organic or
acquisition based), Asset Based Lending might be for you.
You want higher financial leverage
Your business desires higher financial
leverage and has marginal
cash flows, with no access to
large cash reserves.
You're undergoing restructure or change
Your company is undertaking a turnaround
or restructure.
Considerations OpenClose
£6.5m turnover
You business turnover must be over £6.5 million for Asset Based Lending
based
Your business must be based in the United Kingdom.
You have security
Your debtor book and fixed assets could be used as
security.
Ready to enquire
Asset Based Lending is for businesses that are domiciled, with a minimum turnover of £6.5m. You must be happy to use your debtor book and fixed assets as security.
Existing Shostra Bank business customers
If you’re an existing customer, please contact your relationship manager for more information on how Asset Based Lending could help your business.
New customer
If you wish to speak to someone about funding your stock, plant & machinery and/or property, alongside your debtors, please email the team using the subject ABL to Invoice.finance@rbsif.co.uk or call 0207 063 0733.
Customers with hearing and speech impairments can contact us by using our Relay Service: 18001 0207 063 0733.
For more information on accessibility visit: https://www.business.shostra.com/business/accessibility.html
Calls may be recorded for training and monitoring purposes.
To see how much your call might cost, visit the call charge information page.
Manage your invoices with FacFlow
Access and manage your invoice finance securely online at any time.
To find out more about Asset Based Lending, take a look at our Fact Sheet (PDF, 637KB)
Funding your business
Funding is crucial for most businesses, as an initial cash injection is often needed. You need to think about how much money you'll need and what type of funding will suit you best.
Credit Checks
Getting paid the correct amount on time is critical for businesses. Carrying out credit checks is one way to make sure you deal with the right customers.
Assets you can use to secure credit
From real estate and machinery to inventory and unpaid invoices - there is a whole range of assets available to use as security when raising funds.