The Professional Certificate in Valuation Methods in Asset-based Lending is essential in the UK financial industry due to the increasing demand for professionals with specialized knowledge in asset valuation. According to a recent survey by the Association of Asset-Based Lending (AABL), there has been a 20% year-on-year growth in asset-based lending in the UK, with a total lending value of £50 billion in 2020.
Having a certification in valuation methods is crucial for professionals working in asset-based lending as it ensures accurate and reliable valuation of assets used as collateral for loans. This certification equips individuals with the necessary skills to assess the value of various assets such as inventory, equipment, and accounts receivable, which are commonly used in asset-based lending transactions.
Moreover, the demand for professionals with expertise in asset valuation is expected to continue to rise in the coming years as more businesses turn to asset-based lending as a flexible financing option. By obtaining the Professional Certificate in Valuation Methods in Asset-based Lending, individuals can enhance their career prospects and meet the growing demand for skilled professionals in the asset-based lending industry.
Year |
Total Lending Value (GBP) |
2020 |
£50 billion |