Compare £150k ^{Pre-Pack Administration Finance} Options for UK SMEs

This type is ideal for businesses with substantial equipment, stock, or intellectual property. The process involves valuing assets before loan approval, followed by using those assets to raise funds needed for administration. Asset-based lending typically suits sectors like retail, manufacturing, or technology, and can help secure business continuity during restructuring. Decisions take around 2 to 4 weeks, and rates are 9% to 20% APR based on risk.

If your business depends on invoicing clients, debtor financing advances funds by analysing your receivables. Cash is released within 1 to 3 weeks, supporting firms in sectors like recruitment, construction or logistics. This method provides immediate working capital during administration and can be especially useful where customer payments are delayed. Interest costs usually range from 1.5% to 3.5% per month plus fees.

This finance type supports companies facing severe distress but aiming to stabilise operations and regain profitability. After thorough assessment of the business plan and management team, funding is used to implement turnaround strategies. Particularly suited for larger SMEs, retail chains or hospitality, turnaround capital is usually agreed in 4 to 6 weeks with annual rates between 15% and 25%.