UK Finance, the trade body for UK banks, has announced industry-specific training including a Diploma on the legal aspects of invoice finance/asset-based lending, IFABL, which starts on 1 December. 

The course outline says: “The Diploma is the third step of the UK Finance’s IFABL Distance Learning Programme. It focuses on the Invoice Finance and Asset Based Lending (IFABL) Industry and is designed to lay the foundations for a successful career in management.” 

There are three levels of qualification available within UK Finances’s IFABL Diploma structure. 

Diploma

  • 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’.

From the course outline:

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:

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.
  • 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

Each of the modules is designed to cover a 26-week study plan assuming a study time of approximately four hours per week.

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.

AFS looks to launch broker academy to manage UK’s succession crisis

IF/ABL Diploma Module: Legal Aspects of Invoice Finance 2021