Providing flexible and affordable asset-based finance to retailers
We provide asset backed finance to retailers, an affordable alternative to traditional forms of finance and one which retailers are increasingly taking up.
Our approach is centred on flexibility - providing the right solution to meet individual borrowers' needs.
We can structure the right facility whether you are seeking to replace an existing lender or looking for additional financing; whether you are looking for short term facilities or longer ones or whether you are considering securitising tangible or intangible assets. We are able to:
- Put together senior debt, second lien, revolving credit facilities as well as structured equity.
- Lend at a higher percentage of asset value than other asset based lenders thanks to our retail experience and deep understanding of retail inventory. This enables us to work alongside other ABL providers in a second lien 'top slice' capacity.
- Secure loans against inventory, accounts receivable, plant and machinery and property but also against brands and even ROT risk.
- Offer short term consignment facilities as well as longer ones (typically over a 2 year or 3 year term).
- Provide typical facilities of £10-20 million although larger lends are possible with co-investment from our partner Apollo Global Management, LLC.
We are able to lend at a higher percentage of asset value than other asset based lenders thanks to our retail experience and deep understanding of retail inventory.