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.

Additionally, Hennesssey Capital offers equipment financing as a complement to its asset-based lines of credit.

The Facts on Asset-Based Lending

• Up to $5 million in commitment amount
• Up to 85% advance on A/R and 50% on inventory
• Used to restructure current bank debt
• Used as succession financing to factoring
• Used to finance equipment
• Partnership opportunities with equipment and real estate lenders