Invoice finance & asset based lending (ABL)
Santander’s invoice finance solution gives an injection of cash against outstanding invoices. As part of our ABL offering (and subject to asset type and availability) we can also advance funds against inventory and plant & machinery.
Available to
Businesses looking to meet payment gaps, ease working capital and move forward with future orders or services.
Key features
- We release up to 90% of invoice value.
- You gain cash against the value of your invoices as they are raised.
- Our ABL product releases up to 90% of the value of your invoices alongside advances of up to 85% against approved inventory, plant & machinery, providing you with a source of capital that’s closely linked to the assets within your balance sheet.
- You can track your account online 24/7 with our secure client access service.
How it works
Unpaid and late invoices constrict cashflow, making it a struggle to pay overheads and fund future work.
Invoice finance is a tried and tested method of unlocking the value of unpaid invoices, providing companies with immediate access to their money, freeing up working capital and enabling them to fund current and future orders.
Santander’s invoice finance solution unlocks the value of unpaid invoices and our ABL product supplements invoice finance by also providing you with funding against the value of your inventory, plant & machinery. Invoice finance and ABL provides your business with same day access to money, freeing up your working capital. This means that your funding is directly linked to the performance of your business.
Tailored to suit your business
Because we understand that one size never fits all, our experienced Invoice Finance & ABL Specialists will work with you to tailor a service that fits seamlessly with the way your business operates.
All lending is subject to status and our lending criteria. The right to decline any application is reserved.
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