Jurisdiction(s):
United Kingdom

Key definition

Asset Based Finance Association definition

What does Asset Based Finance Association mean? A former industry trade association for providers of factoring, invoice discounting, invoice finance and wider asset based lending operating in the UK and Ireland. The term is not defined in legislation or case law; it is a descriptive label for the body that represented lenders, issued an industry code of conduct and maintained a member standards and complaints framework. Legacy facility agreements, warranties and policies often refer to “ABFA”, the “ABFA Code” or ABFA membership as markers of market practice. The Asset Based Finance Association was formerly the Factors and Discounters Association (FDA). In July 2017 it merged into UK...

UK Finance Mortgage Lenders’ Handbook and BSA Mortgage Instructions for residential conveyancing - overview and links

Published by a LexisNexis Property expert

Practice notes

This Practice Note includes links to the UK Finance Mortgage Lenders' Handbook (previously called the CML Lenders' Handbook) and the Building Societies Association Mortgage Instructions. Both of these documents set out clear and detailed guidance for conveyancers representing lenders in residential conveyancing transactions...

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Web page updated on 21/05/2026

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