how can we help?
Our experts act across the entire property and development lifecycle. Take a look at how we can help you achieve your business and property objectives.
Plant and machinery (P&M)
The core element of an Asset Based Lending facility.
Accounts Receivable (AR) are used for the Invoice Discounting element of the facility, with the advance rates typically amounting to up to 90%. We provide AR audits used in deciding the actual advance rate and other crucial facility parameters.
We are normally engaged by either the lender or advisor to the business seeking an ABL facility. Our specialist team are experienced in dealing with all business types, from the straightforward supply-and-forget companies to those more contractual in nature.
For more information on Accounts Receivable audits, please get in touch.
Inventory or stock valuations can be complex. Let us help you navigate this process.
Ultimately, ABL lenders will lend against the Net Orderly Liquidation Value of the inventory. This value is arrived at after considering the typical sales value of the inventory on an orderly liquidation basis within a period of 90 days, after the costs incurred in selling that inventory.
As an ABL will only have a floating charge over the inventory, the preferential rights of certain creditors must also be considered when arriving at the expected lending, or realisable value of the inventory. Whilst finished goods tend to make the best form of inventory for an ABL to lend against, it can also be possible to include raw materials and WIP, dependent on lender appetite.
We have broad experience of valuing inventory of all types across multiple industries. If you would like a better understanding of how we value, and/or how a lender will consider a facility against inventory, please get in touch.
Plant and machinery (P&M)
A valuation of plant and machinery for ABL lending purposes will typically look at the value on an orderly liquidation basis within a 120-day exit period.
The value is ordinarily considered based on the assets having been removed from the premises they are in, although sometimes, an ‘in-place’ value will be examined.
We have vast experience of valuing and selling assets across multiple industries. Whether through auction or private treaty sales, we have up-to-date knowledge of real-world values.
To find out what your assets are worth for lending purposes, please get in touch.
We have a nationwide team of property valuers with extensive local market knowledge and sales experience.
Typically, Asset Based Lenders (ABL) look for a valuation to be undertaken based on a 180-day or 365-day marketing period.
Our team provides Red Book Reports, conducted by a RICS Registered Valuer, who will provide a market rent and value of the property. They can also provide a value with ‘special assumptions’, which may include an assumption that a change of use or planning consent may be granted if there is a restricted marketing period.
If you would like to understand what your property is worth for lending purposes, please get in touch.
Sectors we operate in
|Printing & Packaging
|Food & Drink
|Contractors Hire Plant
|Metals Refining & Stockholding
|Oil & Gas
|Plastics & Polymers
As well as the advisory community who specialise in this sector, clients for our asset-based lending team include:
|ABN AMRO Commercial Finance
|HSBC Invoice Finance
|RBS Invoice Finance
|Arbuthnot Commercial ABL
|Independent Growth Finance
|Santander Corporate & Commercial Banking
|Bibby Financial Services
|Lloyds Bank Commercial Finance
|Wells Fargo Capital Finance
|Breal Zeta Commercial Finance
|Nucleus Commercial Finance
|Close Brothers Invoice Finance
|PNC Business Credit
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