Asset Based Lending
Our experienced team acts for Asset Based lenders throughout the UK, including Factors, Invoice Discounters and Trade Financiers. We specialise in providing a specialist service to the receivables and asset based lending industry on a cost effective basis through our experienced and dedicated lawyers.
We match our client’s requirements with our lawyers’ skills, and meet their needs efficiently.
We pride ourselves on offering a personable approach as opposed to a claims factory whilst providing a ruthlessly economical service beyond expectation.
As all our clients know, effective Credit Control is crucial. We can offer you advice on your internal recovery procedures and share with you our wealth of experience in recovering unpaid debts. We can advise you on your processes as well as the content of your credit control letters. We will also keep you up to date with Pre Action Protocols under the CPR which may affect your internal systems collecting debts.
Deciding whether or not to sue a debtor can be the single most critical decision in any claim. We can provide you with a written assessment on the merits of pursuing a particular case by reviewing all the evidence at the outset. We can offer you an insight into the prospects of success which will satisfy you, your client and your credit insurer.
We offer a Debt Recovery Service on a volume basis at a low and fixed cost. However we are aware that we are not alone in doing so, and therefore pride ourselves on our efficient yet personal approach to debt recovery. We use an automated Case Management System, but our team are far from automated. They are always available by phone or email to deal with individual queries, and won’t treat you as simply another client.
Debt Recovery is sometimes just not enough, and clients are left with no alternative but to pursue defended contractual claims to trial. We bring years of extensive experience in Debtor and Guarantor/Indemnifier litigation including fraud and asset tracing, prosecuting claims to trial, and on to enforcement. We guarantee you a tenacious and thorough service, leaving no stone un-turned, to obtain the best possible result.
We understand that when one of your clients' businesses fails it’s a case of damage limitation. We act for a large number of Insolvency Practitioners, taking on the recovery of factoring and non-factoring ledgers. We understand your needs and how to achieve them expediently. We will act for you in a collect-out situation, or for the appointed I.P.
We offer you unique access to our fully automated Case Management system for Debt Recovery. You will be given a unique log-in, which enables both you and us to maintain ultimate client confidentiality. At any time you can see what stage your case is at simply by logging into a discrete page on our website.
We can also offer you the option of receiving text and/or email alerts when certain stages in your case are reached. Because our Case Management System enables us to be pro-active in prosecuting your claims, it also enables us to tell you about it before you even have to ask.
Contact a member of our ABL team for further information.