Manufacturers
Businesses with material trade debtors plus raw materials and WIP stock. ABL unlocks working capital without leaning on a bank overdraft.
Asset-based lending
Multi-asset facilities for working capital depth.
Debtors, stock, plant, and property combined into a single revolving facility.
What it is
What asset-based lending means at Bedrock.
Asset-based lending pulls multiple collateral types into one facility. A typical ABL structure combines an invoice finance line against trade debtors with a stock loan against inventory, sometimes with a plant element layered on top. The aggregate availability is materially higher than any single product on its own.
ABL suits businesses with substantial working capital tied up in receivables and stock but a profit profile that bank cashflow facilities struggle to support. Acquisitive trading businesses, manufacturers with long cash-conversion cycles, and wholesalers carrying deep stock are the standard fits.
Pricing depends on the asset mix. Debtor-heavy facilities price closer to invoice finance levels. Stock and plant elements carry higher margins. We model the blended cost up front so the borrower can compare ABL against a stacked alternative on a like-for-like basis.
Who it's for
Common deal profiles.
Three patterns we see most often. The first conversation finds out which one you're closest to.
Wholesalers and distributors
Deep stock holdings against thin margin. ABL prices the stock as collateral rather than as a working-capital drain.
Acquirers and PE-backed groups
Buy-and-build operators using ABL as a flexible working-capital base across multiple trading subsidiaries.
How we structure it
Facility shape and timeline.
- Facility sizes
- £1m to £50m+ aggregate availability
- Typical structure
- Invoice finance line + stock loan + optional plant element + cash overlay
- Security
- Debenture, asset register, sometimes property charge as additional support
- Timeline
- Indicative terms once we've sounded out the right funders. Drawdown 4-8 weeks (asset audit drives the timeline).
Sectors
Sectors where this product fits.
The sectors below are where we place this product most often. Each links to a fuller sector page.
Need asset-based lending for your business?
Five minutes on a call gives us enough to come back with indicative options once we've sounded out the right funders.