There are essentially two routes that a lender can pursue, summarised in Box 2: to use an asset-backed finance structure, or (as is more commonly the case in existing schemes) to use the security mechanisms more commonly associated with term loans. The problem is not so much the use of intangible assets to raise growth capital (equity investors are generally supportive when non-dilutive approaches can be used) as it is the principle of losing ownership control over assets that are regarded as core to the business (even if when appropriately configured, sale and license-back agreements can allow for the possibility of re-purchasing the asset at any time). Neither of these identifies the assets in question, or does anything to stop a company from using them in any way they wish, including disposing of them.