Following the bill’s report stage in the House of Commons on 14 January 2025, the Second Reading took place in the House of Lords on 4 February 2025. This session provided the members with an opportunity to debate the main principles and...
Asset based lending (ABL) is where funds are made available to a borrower secured upon an asset of the borrower. Almost any asset may be involved from the traditional “hard” assets such as machinery or equipment through to furniture and vehicles. It could even be over a valuable watch or jewellery.
If you need advice or are having problems with an asset based loan our team can help. We have years of experience of advising both lenders and borrowers, if you would like to speak us a member of the team regarding an ABL call us on 01616 966 229, alternatively please complete our online enquiry form and we will contact you directly.