Big businesses turn to asset-based finance –

“We’ve entered a new era for business funding, where asset based finance is an
everyday part of the commercial finance toolkit for businesses of all
sizes,” said ABFA chief executive Jeff Longhurst.

“There are general concerns about the availability of finance for businesses
and the consequences this could have for the recovery. The asset based
finance market in contrast – while it has grown sharply-still has unused
capacity, and providers are actively looking to grow their lending books.”

The body said invoice-based finance, in which the provider often charges a fee
to settle the invoice, remained the most popular form of ABF.

Big businesses turn to asset-based finance –}

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