You know your needs better than anyone. So as long as our asset backed lending benefits your business, you’re free to use it how you choose. Common examples include:
Whether you want to enter a new market or grow together, asset lending can meet the time-sensitive cash demands of major acquisitions
Leveraging value tied up in assets could help facilitate a management buy-out or buy-in
Use asset backed finance to take advantage of growth opportunities without impacting working capital. Fulfil bigger contracts, invest, or recruit
Meet routine cashflow demands or cover short-term gaps. Our research shows the average invoice takes as many as 74 days to be paid
Turnaround strategy funding
Partnering with an asset finance company like Nucleus could help your business tackle its problems and see a better future
UK Finance data shows some 40,000 businesses used invoice and asset finance solutions in 2019. Here are some of the key reasons why it’s so popular.
Corporate asset finance enables you to unlock the value in assets that aren’t usually considered by traditional lenders. It also puts less focus on your credit history, past performance, or cashflow projections than other forms of business finance.
Higher levels of funding
The ability to use a mix of business assets as collateral – rather than one or none at all – could grant you access to larger funding amounts. And providing an asset isn’t pledged in another agreement, you’re free to use business asset finance alongside other finance types too.
Whether you want to use the funding to support a large expansion project or cover a short-term gap in cashflow, you can. There are no restrictions on your sector, size, or trading time either – making asset backed finance ideal for a range of business profiles and objectives.
Better rates than unsecured finance
Asset based business loans are less risky for lenders than unsecured finance as offering security makes it easier for them to recoup any losses should they need to. This benefit is passed on to you through lower interest rates.
Research shows use of alternative finance products has grown significantly in recent years. Having already funded well over £1bn to UK SMEs, we’re one of the asset finance lenders leading the way. Here are just a few of the reasons to get in touch:
Range of funding
We offer Asset Based Lending from £100k to £50m - suitable for a range of business sizes and objectives
Flexible asset finance solutions
Use a mix of business assets as collateral with or without an invoice finance facility and alongside other finance types
We’ll transfer your funding the same day you’re approved
Our in-house experts will guide you through the asset backed lending process. You’ll have a dedicated account manager every step of the way
Our Asset Based Lending could keep your business moving forward. It’s already done just that for many of our clients.