This is the ideal course for newcomers to the invoice finance and asset based lending industry who wish to gain industry knowledge.

The Foundation course is the entry level of the UK Finance IFABL distance learning programme and provides an overview of the invoice finance and asset based lending industry. This includes a brief history of the industry, the products, the benefits to clients, and the methods that the industry uses to finance clients whilst protecting its investment. The course is designed to assist staff in developing a general understanding of the workings of the industry together with an increased awareness of clients’ expectations and issues.

Who should complete this course?

The foundation course is available to start at anytime throughout the year. This course is suitable for recent entrants to the industry and support staff who may wish to learn more about the industry in which they work. There are no specific entry requirements, and the course can be taken anywhere that the student has access to the internet.

Course Structure

The course is comprised of five modules which students complete with the guidance of a coach, usually their line manager or another experienced member of their organisation.

The activities are designed to encourage the student to learn more about their own organisation as well as the industry in general.

The modules include:

• Module One – The Development of Invoice Finance
• Module Two – Why Companies use Invoice Finance
• Module Three – Assessing the Prospective Client and the Take-On Process
• Module Four – Managing the Client
• Module Five – Asset Based Lending

Full information on each module can be found by clicking below: