Asset-Based Lending
What is Asset-Based Lending?
Asset-based lending is a credit line based on various asset classes such as accounts receivable, inventory, equipment or real estate.
Why Asset-Based Lending?
Asset-based lending is often used as a stepping stone to traditional bank financing by allowing businesses to establish a sound financial track record. This type of financing also provides flexibility to fuel business growth.
The Facts on Asset-Based Lending
- Up to $2.5 million in commitment amount
- Up to 85% advance on A/R and 50% on inventory
- Provides immediate working capital liquidity
- Succession financing to factoring or restructuring of bank debt
- Ability to partner with equipment and real estate lenders
