Expanding your business
Apr 30 2008
Seasonal businesses can vary dramatically in terms of sector and asset type. Assets within the business can also change over time. For example, the mix of work in progress, stock and debtors can change as the season progresses and sales can go up and down.
An asset based lending facility (ABL) may be suitable depending on your business. This type of facility can lend against most types of asset by way of one facility. Typically this can assist in leveraging more finance out of a business.