Tide Logo
Tide Logo
Tide Logo
Tide Logo

ASSET BASED LENDING

Borrow against your business assets

Don't let cash flow hold your business back. Asset based loans are a flexible solution that turn your assets into cash, giving you the power to grow, restructure, or simply keep your operations running smoothly.

  • Borrow from £1 million to £50 million

  • Ideal for larger businesses who want to leverage their assets to raise funding for growth or restructuring

  • Apply without impacting your credit score

 Apply now

Already a Tide member? You can apply for asset backed loans and other finance directly within the Tide app.

Tide has joined forces with Funding Options, becoming the largest credit marketplace in the UK. 

Providing over £1.6 billion in funding to more than 43,000 UK businesses, we’re on a mission to help business owners grow with confidence. 

What can be used to secure an asset based loan?

Stock and inventory

Raw materials, finished goods, packing materials etc

Equipment and machinery

Office equipment, PPE, vehicles, construction machinery etc

Real estate

Any property or land that your business owns

Intellectual property (IP)

Any patented inventions or copyrighted work

Debtors

For example an individual or company that owes your business money

Are you eligible for an asset based loan?

Your eligibility depends on the type of finance you’re looking for, the amount you’re after, and the financial stability and turnover of your business. To be eligible for any type of business loan or credit from Tide, you must:

  • Be over 18

  • Be a UK resident

  • Have a UK-based business

  • Have a UK bank account

What do you need to apply for asset based lending?

  • Basic information about your business, such as how old it is, and your annual revenue 

  • Information on directors and shareholders

  • Bank statements covering the past year

Depending on your business and the finance you need, the criteria may differ.

 Apply now

We've already helped businesses secure more than £1.6 billion

We’ve provided funding to more than 43,000 businesses across the UK, as part of our mission to help business owners grow with confidence.

How to apply for an asset based loan

Applying through Tide is simple - we'll find a lender tailored to your business, and we only need a few details from you.

  1. Tell us how much you need to borrow We’ll ask you how much you need, what it’s for, and for some basic information about your business.

  2. Compare loans without impacting your credit score We’ll connect you to the largest network of lenders in the UK, so you can view affordable credit options that suit the unique needs of your business.

  3. Apply in minutes Once approved, you’ll receive a quote from a lender you matched with.

  4. Get a decision and receive your funds Depending on the type of finance you’ve applied for, money could be available in around 24 hours.

 Apply now

Access a range of business finance options from our trusted partners

What is asset based lending?

Asset based lending (ABL) is a type of business finance that uses your business assets as collateral to secure a loan. 

To determine eligibility for an asset based loan, lenders look at your cash flow, forecasts and the value of your assets - like inventory, equipment and accounts receivable.

This will help them determine a borrowing base - the amount that they are willing to loan. You’ll then be able to draw on this pot as needed, with the amount of available credit fluctuating as the value of the collateral changes.

The loan is backed by the value of your assets, providing you with a more flexible and scalable source of funding, ideal if you’re looking for a cash flow boost or need financial support for growth.

What are the benefits of asset based loans?

Cash flow

Lower interest rates

Scalability

Aaron MoOng Ong Buns

With the help of Tide and their team of business finance experts, I was able to navigate the complexities of business finance, and secure the necessary funds to grow my business.

Alternatives to asset based lending

Business loans

Get funding for larger business investments or long-term growth.

Explore business loans

Business credit cards

Manage cash flow, earn rewards and build your business credit score.

Explore credit cards

Merchant cash advance (MCA)

Access flexible funding that you’ll repay as a percentage of your daily card sales.

Explore MCA

Invoice finance

Unlock cash from unpaid invoices, improving immediate cash flow.

 Explore invoice finance

How to track your business credit score

Are you wanting to improve your business credit score?

Credit Score Insights is a simple and affordable way to help you understand, track and take action to help you boost your business credit score.

 Track your credit score

Learn more about financing your business

Explore more funding guides
Explore more funding guides

We understand businesses, it's all we do

We understand businesses, it's all we do

Tide is built by business owners for business owners. That’s why we’re trusted by over 1.5 million sole traders, freelancers, and limited companies worldwide.

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Tide Platform Limited (Tide) designs and operates the Tide website and app. Tide is not a bank. Tide is authorised by the Financial Conduct Authority (FCA) under the Electronic Money Regulations 2011 under firm reference number 900843 for the issuing of electronic money and the provision of payment initiation services and account information services under the Payment Services Regulations 2017. Tide is also authorised and regulated by the Financial Conduct Authority in relation to its credit and insurance broking activities (firm reference 718743). Tide is incorporated and registered in England and Wales with company number 09595646 and registered office at 4th Floor The Featherstone Building, 66 City Road, London, EC1Y 2AL. Tide offers bank accounts powered by ClearBank® Ltd (ClearBank) (account sort code is 04-06-05). ClearBank is authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority under registration number 754568. Eligible deposits with ClearBank are protected up to a total of £120,000 by the Financial Services Compensation Scheme (FSCS), the UK's deposit guarantee scheme. For further information visit Home. ClearBank Ltd is authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority (Financial Services Register number: 754568). Registered Address: ClearBank, Level 27, The Broadgate Tower, 20 Primrose Street, London, United Kingdom, EC2A 2EW. Eligible deposits held in the Tide Business Current Account (powered by ClearBank) are covered by the Financial Services Compensation Scheme (“FSCS”) subject to eligibility. All eligible deposits at the same bank are aggregated to determine the coverage level for each depositor up to £120,000, therefore if you have any other product/services with ClearBank these will be aggregated. To find out more and to check your eligibility please visit: About us . Some of Tide’s members also hold e-money accounts powered by PrePay Technologies Limited (PPT) (account sort code is 23-69-72). PPT is an electronic money institution authorised by the FCA under the Electronic Money Regulations 2011 under firm reference number 900010 for the issuing of electronic money. PPT holds an amount equivalent to the money in Tide current accounts in a safeguarding account which gives members protection against PPT’ insolvency. Tide Cards may be issued by both Tide and PPT, who are licensed by Mastercard International for the issuance of cards. The issuer of your Tide card will be identified on your monthly card statement. Tide Capital Limited is an appointed representative of P1 Investment Services Limited which is authorised and regulated by the Financial Conduct Authority under firm reference number 752005 to carry out such regulated activities as are involved in the provision of Tide Investment Account. Seccl Custody Limited is the custodian of assets held in Tide Investment Account and is authorised and regulated by the Financial Conduct Authority (firm reference number 793200) and registered in England and Wales under No. 10430958. Registered office 20 Manvers Street, Bath BA1 1JW. Tide, the Tide logo, the Swell, and Do Less Banking are trademarks and trade names of Tide Platform Limited, and may not be used or reproduced without the consent of the owner.