Offering corporates secured financing solutions against receivables and other collateral classes

Asset Based Lending (ABL) offers secured financing solutions against receivables and/or other collateral classes (inventory, plant and machinery, and property) for corporate customers, including those owned by private equity sponsors.

We originate, structure and execute ABL solutions on a bilateral and syndicated basis. ABL could be used across transactions that include working capital, acquisitions, re-financings, turnaround and restructuring.

We are able to help corporate customers identify how to utilise their balance sheet to access lower cost capital.

How could Asset Based Lending support your business?

ABL could be an attractive financing option owing to its flexibility and availability for all corporate purposes and sectors. The lending can be based on: Receivables, Inventory, Plant and Machinery, and Property. We can undertake asset due diligence across all asset classes.

Finance is subject to status. Security may be required. Product fees and eligibility criteria may apply. Your capital is at risk.

Receivables

Up to 95% of eligible invoices
Revolving credit facility secured against current assets
Debt purchase or loan against receivables
Confidential
Export funding capability

Property

Up to 75% of Loan to Value on all commercial property, both freehold and leasehold
Amortising term loan secured against fixed assets
Term loan element will generally not exceed 50% of the total ABL facility

Inventory

Up to 70% of cost price of eligible inventory
Or 95% of appraised Net Orderly Liquidation Value (NOLV) as advised by an expert third party valuer
Revolving credit facility secured against current assets
Capable of funding most types of inventory

Plant and Machinery

Up to 85% of ex-situ market value
We can also consider in situ valuations in some scenarios
Amortising term loan secured against fixed assets
Term loan element will generally not exceed 50% of the total ABL facility

Why AIB Trust?

Our team handles both the execution of transactions and the ongoing monitoring of collateral performance.
Our product is flexible and available for the majority of purposes, sectors and across the credit spectrum to support appropriate capital structures.
We've earnt a strong reputation for our deep market and client knowledge and for our ability to structure and deliver innovative ABL solutions.

Our portfolio and recent successes

Due to the way security is structured, ABL truly is sector agnostic.
We're proactively targeting opportunities across different sectors to further grow our quite diverse £2.6bn portfolio as the deals below demonstrate:

Our areas of expertise

ABL could be particularly suitable for:

Event driven financing, including acquisitions by both Corporates and Private Equity Sponsors.
ABL works alongside other debt structures including traditional senior bank debt (RCFs, Term Loans) as well as Unitranche facilities offered by third party senior lenders (i.e. debt funds).
Capability to fund exports to over 40 approved territories.