What working capital can fund
Working capital is the lifeblood of any operating business. Stock purchases, payroll between major receivables, supplier deposits, seasonal trading peaks, contract delivery costs — all the ordinary expenses that turn revenue commitments into actual revenue.
Our working capital facilities are designed to be drawn on flexibly. You only pay interest on what you have actually drawn down, which means an unused £500,000 facility costs you nothing while it sits available for the moment you need it.
Who this loan is for
- Established SMEs with seasonal trading patterns or lumpy receivables
- Scale-ups bridging the gap between contract signing and customer payment
- Manufacturers and distributors funding stock for major contracts or seasonal peaks
- Service businesses smoothing payroll across irregular client billing cycles
- Businesses replacing expensive overdraft facilities with structured working capital
- Companies preparing for known cash demands — VAT quarter, bonus cycle, contract delivery
Our credit terms with major customers stretched to 90 days while suppliers wanted 30. ASAF's working capital facility bridges that gap at a rate that keeps our margins healthy.
How the facility is structured
You begin with an approved facility limit, sized to your business's working capital requirements. You can draw down all, some, or none of it — and you only begin paying interest on funds that are actually drawn.
Most of our working capital facilities are structured as revolving credit: you draw, you repay, you draw again, all within the approved facility limit. The 1.5% APR applies to the drawn balance during the period it is outstanding.
Facilities are typically reviewed annually. If your business grows, the facility can grow with it. We do not require you to re-apply each year — the relationship continues.