In recent years, key players in UK Asset Based Lending have hailed ABL’s evolution into a credible alternative lending product. This article explores whether ABL really has evolved in the UK, and what this means for borrowers.
Download: The golden age of UK Asset Based Lending
The UK Asset Based Lending market includes some of the country’s largest lending institutions. In recent years, key players in the UK ABL market have hailed the evolution of ABL from “lender of last resort” to a credible alternative lending product. But has ABL really come of age in the UK?
Within this article, our Debt Advisory team explores the opportunities and challenges for borrowers in a fragmented and changing ABL marketplace, and questions how clear both borrowers and lenders really are on the ABL proposition.