BridgeABL
Helping with working capital
Provided you already have an invoice finance facility with us, or wish to move your facility to us, we can advance additional funds when cash flow is tight.
This can help you pay important bills on time and keep your business moving.
BridgeABL provides additional working capital beyond day-to-day invoice finance through short-term loans linked to your invoice finance facility. This helps you cover costs such as HMRC payments, materials purchases and problem creditors when you need it.
Advances are typically short term, over 3–12 months, and can extend to 24 months. Funding is typically up to £75,000 with a personal guarantee, with larger facilities available against property security. Facilities must be linked to an invoice finance facility.
An HMRC bill becoming overdue?
Pay in full, with a bridging loan from FlexABL, avoiding the fine and giving you 3 months to repay us. When the next quarter comes around, you can borrow again if you need to.
Inflexibility from your current lender?
If you need more support to pay your bills on time, move your invoice finance facility to FlexABL. We can then arrange a BridgeABL loan to give you additional funding when you need it.
Recently established business or expansion planned?
We can provide additional cash flow support for both situations, alongside an invoice finance facility from FlexABL. This can give you the funding you need to manage growth and keep your cash flow moving.
Long term borrowing
For longer-term borrowing, we also work with established commercial loan providers who already support a number of our clients.