Level
The course is primarily aimed at students operating at manager level and above, within the Invoice Finance and Asset Based Lending IFABL industry.
Qualification
There are three levels of qualification available within UK Finances's IFABL Diploma structure. Students must complete the following modules to obtain a specific level of the Diploma qualification:
Diploma Qualification
- Certificate Course + any one Diploma Module or
- Any two Diploma Modules
Higher Diploma
- Certificate Course + any two Diploma Modules
Diploma with Honours
- All three Diploma Modules
Successful students completing the whole course (Diploma with Honours) will be awarded a ‘pass’, ‘credit’ or ‘distinction’ and students will be able to use the designatory letters ‘Dip. IFABL’.
About this module
The course starts on 1 December 2021 and the examination will take place in May 2022. This module of the Diploma course enables students to develop a thorough understanding of asset based lending and covers the following legal aspects of ABL finance:
- The ABL facility agreement
- Creating security in favour of the ABL
- Taking security over particular asset classes
- The perfection and priority of security
- Guarantees and indemnities
- Debentures
- Inter-creditor issues
- Insolvency
Study Time
Each of the Modules is designed to cover a 26-week study plan assuming a study time of approximately four hours per week.
Assessment
For each of the Distance Learning modules students will receive a comprehensive workbook and study guide. Assignments will be set during the study period for students to submit for assessment. At the end of the study period students sit a formal examination.
Other Diploma Modules include:
