Export Week: the role of ABL
Asset Based Lending, or ABL, is an often overlooked but increasingly important tool for UK businesses looking to expand their exporting activity, says Richard Haighton, trade and working capital director, Barclays.
ABL is a generic term, but typically involves a company securing funding from one or more of its receivables, inventory or plant & machinery (P&M) assets.
For a UK business looking to fund its trade cycle with export customers, there are two key – but potentially very diverse - attractions of this approach.
Fi... You can carry on reading TheBusinessDesk.com for free, but you have reached the maximum number of pages an unregistered user can view. To register for an account, click here or login below...