Course overview:

UK Finance provides several eLearning invoice finance and asset-based lending industry risk modules readily accessible to all staff of member and associate companies, offering an insight into many of the industries that your clients are likely to be involved with.

These 45-minute courses are designed to be interactive and are broken down into modules, allowing students to cover the course in a single session or in a number of separate sessions, whatever is the most appropriate.

The flexibility of the eLearning medium allows students to enter and leave the course at any point, completing the course at any time and at their own pace.

The courses incorporate a visual dimension that brings key learning points to life.

Questions at the end of each section reinforce learning and the final short test confirms the learning.

INDUSTRY MODULES

There are eight industry risk modules available each taking 45 minutes to complete. Once you register, we will send you access to the portal within 48 hours.

• The food industry: This course looks at the trends and issues affecting the food industry, the largest manufacturing sector in the UK. The course looks in detail at the trading risks being faced by companies operating in this sector today and how these risks can be managed.
• The road transport and logistics industry: This course addresses the trends and issues affecting the road transport and logistics industry. It looks in detail at various risk scenarios, such as an increase in petrol prices, and clarifies the industry’s terminology.
• The recruitment industry: This course looks at the trends and issues affecting the recruitment industry, one of the largest markets for the invoice finance community in the UK. The course looks in detail at the trading risks being faced by companies operating in this sector today and how these risks can be managed. It will cover legal issues, attracting staff and staff selection.
• The printing industry: This course addresses the trends and issues affecting the printing industry. It looks in detail at the different ways of printing, and the issues and challenges facing the printing industry in these difficult times. It also addresses how factors such as the internet and other technology may affect the future of the industry.
• The clothing industry: This course looks at the trends and issues affecting the clothing industry and rag trade. This industry was one of the first to be financed by factoring, and the course looks at its history, the processes involved in producing clothing and the financing risk.
• The construction industry: This course addresses the trends and issues affecting the construction industry. Although this industry is rarely financed by our members, it is important to understand the issues affecting the construction industry when dealing with companies involved or linked to it. It covers topics such as contractual work, tax issues and stage payments.
• Invoice finance and asset-based lending - combatting fraud: This course is designed to help students understand the risks involved in financing businesses through invoice finance or asset-based lending. The course looks at why fraud is a threat to invoice financiers, the different types of fraud and indications of when fraud may be taking place. It will also address ways of minimising fraud, from monitoring clients, to knowing them well enough to be able to spot strange or fraudulent activity.
• Invoice finance and asset-based lending - legal documentation: This course helps students understand the basic principles of the legal framework that supports the invoice finance and asset-based lending market. It is designed to explain how basic law affects the industry and the way we finance businesses. It also explains the main purpose of commonly used documentation such as master agreements, debentures and guarantees. The course finishes with an online assessment, helping students ensure that they understand the topics covered.

CERTIFICATION

Students achieving 50 per cent or above in the final test will be encouraged to print off a certificate to confirm successful completion of the course.

These courses will increase knowledge of particular industries and assist with the efficient management of clients within those industries.

It is designed to enable the learner to communicate more successfully with their clients and to manage industry risk more effectively.

(If you need any help with the registration process, please contact the Training Team)

REGISTRATION DETAILS

After you have successfully registered onto the course(s), please allow 48 hours for the relevant email communication to be sent for your access. This will be sent from the Training Team where your next steps will be detailed.