FinancingAdvances Against Credit Sales

Assetline is debtor based working capital finance, tailored to the client's needs, that does not disturb existing bank facilities.

The client becomes our supplier and invoices us, and we invoice the customer. Cash flow is improved by accelerating cash due from selected prime customers.

We pay as soon as we know the customer will pay us. High quality transaction documentation and debt insurance minimises the risk of customer dispute or default.

Finance Categories

Assetline is used for both goods and services. Example Icon Examples >>.

Alternatively we can offer selective "factoring" if appropriate. Example Icon Examples >>.

Our speciality application of Assetline is in the construction industry where, uniquely amongst funders, we have a CIS5 certificate. Our clients also benefit from our experience, specialized documentation, advice on their legal format, and selective debt insurance. Example Icon Examples >>.

Recent Examples & Articles

Click the Examples links on the left to view recent examples of that type of finance and read available case study articles that have previously been published in Business Money.

  • Educational services to TECs, makes claims rather than has debts. Partial ledger finance.
  • Specialists in timesheet labour and measured work to the construction industry.
  • Single sales and ledger concentrations.
  • Substantial manufacturer of compilation CDs; stock and debt finance to USA retail customers.
  • Substantial software company; potential sales of licences but no assets; needs 100k to pay wages and rent; advanced against potential sales and existing license income.
  • Recent start, doing rapid transport movements for large customers. One was 80% of ledger. We factored that customer whilst turnover grew per month from 20k to 160k. After 18 months he obtained an o/d and did not need us, having earned a profit and his credibility.
  • Well-established supplier of timesheet labour to shipyards who normally operates without debt finance received one order for 400k over 8 weeks. Wanted finance only against that contract.
  • Consultancy services to small Plc. Payment due in 9 months. Arranged Bill of Exchange on Plc and discounted it as economical way of providing finance to client.
  • Respected publisher with high export content and multiple currencies.
  • Specialised engineer with high export content and requirement for flexibility of approach.
  • New start: Construction of railway platforms using new technology. Customers are main contractors who use JCT-type contracts. Also provided purchase finance with LCs and Supplier Undertakings to get materials to site. Uses our CIS5.
  • Supplier of high quality factory flooring needed working capital to double in size within 12 months but work is contractual. Objective achieved. Largest individual claim was 1.2m.
  • Furniture supply and fix to fit out student flats under a JCT-type contract, the extra dimension being that we buy the goods from a Polish manufacturer.
  • Similar facility for Irish supplier of kitchens and office equipment in Ireland suppliers in Europe.
  • Similar facility for specialised lighting company.
  • Air conditioning supply and fit, telephone cabling, contract design work, decorating, demolition, external cladding, groundworks, maintenance work under contract, pub refurbishment, roofing, scaffolding, windows.