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Asset Based Lending

Finance backed by assets

Using assets to fund future growth

Our full asset based lending proposition provides leverage against:

Receivables
Inventory
Plant and machinery
Property
Cashflow/acquisition finance loans

Cashflow/acquisition finance term loans are available over and above an asset based lending foundation, subject to the business’ debt service capability. All asset based lending facilities will include a receivables line.

With a single deal team bringing certainty to deal execution and maintaining the relationship post-completion, our structured asset based lending approach can:

maximise business assets to meet the financial demands of growth and acquisition activity (including leveraging an acquisition target’s assets)
provide a mix of non-amortising and amortising funding, maximising cash retention in the business
potentially provide a greater debt quantum than traditional pure senior debt for profitable companies with balance sheet assets
provide for all ongoing working capital requirements

Asset based lending case studies

>	Odgers Berndtson	MBO
	One of the UK’s leading headhunting firms	We provided a combination of asset based lending and acquisition finance to support the management buy-out from parent company, OPD Group Plc.
>	TMP	Growth and acquisition financing
	Recruitment advertising, communications and directional marketing	We provided asset based lending and a term loan to support working capital requirements and future acquisition
>	Roadways Container Logistics	Acquisition
	Inland UK container business	We provided acquisition finance and asset based lending to support Aegeus Transport's acquisition of Roadways Container Logistics Ltd from parent group, Maersk.
>	Integrity Print (formerly Communisis Bath)	MBO
	Manufacturer of business forms stationery	We provided acquisition finance and asset based lending to support the management buy-out of Communisis Bath from parent Communisis plc.
>	GRS Group	MBO
	Recruitment	We provided acquisition finance and asset based lending to support the management buy-out from the founder directors, with equity being provided by Penta Capital.
>	CME Sanitary Systems (formerly Polypipe Sanitary Systems)	MBO
	Manufacturer of toilet seat and flushing systems	We provided acquisition finance and asset based lending to support the management buy-out of Polypipe Sanitary Systems Ltd from parent Polypipe Group.
>	Eden Brown	Acquisition
	Recruitment	We assisted Hamilton Bradshaw with the acquisition of Eden Brown, a recruitment and managed services business, and provided funding to support ongoing working capital requirements and future acquisitions.