Level:

The course is primarily aimed at students operating at manager level and above, within the invoice finance and asset-based lending (IF/ABL) industry.

Qualification:

There are three levels of qualification available within UK Finance's IF/ABL Diploma structure. Students must complete the following modules to obtain a specific level of the Diploma qualification:

Diploma Qualification

  • Certificate Course and any one Diploma Module, or
  • Any two Diploma modules

Higher Diploma

  •  Certificate Course and 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 2022 and the examination will take place in May 2023. This module of the Diploma course enables students to develop a thorough understanding of asset-based lending and covers the following legal aspects of asset-based lending (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: