It’s simple. You have the collateral to back the loan. We provide you the access to the money you need, from $400,000 to $20 million +. Asset based lending (ABL), is a great solution for businesses that have needs that are outside the realm of conventional lending. Whether it’s greater leverage, softer covenants, or more flexibility, asset based structures can be customized to meet the needs of each individual company. Many businesses do not realize the extent to which they can leverage their business assets to secure funding. This type of financing is called asset-based lending (ABL). We are affordable with flexible loan structures, and can provide the working capital you need to grow a business or the cash to recapitalize your current finance structure. We have the ability to finance companies with assets such as: • Accounts Receivable,
• Inventory,
• Purchase Orders,
• Buildings,
• Machinery and Equipment, and even
• Intellectual Property Here are 2 items we offer as well as follows: • A/R Revolvers (Credit lines) with Inventory & Equipment sub-lines - Increase your available loan amount with qualified Inventory &/or Equipment collateral.
• Invoice factoring services, or spot factoring services - With invoice factoring; there are no minimums, no maximums, no long-term commitments and no lengthy application process.
Asset based lending offers more flexibility than other methods of financing, and is a fast and cost-effective way to obtain working capital. Unlike certain types of structured financial products, with an asset based lending relationship, you do not have to give up equity in your company. ABL gives your company the flexibility it needs to grow, recapitalize, take advantage of supplier discounts, buyout shareholders, or even to fund payroll. It can increase or decrease based on your current business size and needs, and you’ll have daily and weekly access to your line of credit when you request it.
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