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Asset-Based Lending:
Accounts Receivable Funding to Provide Working Capital
A commercial asset-based loan is a
debt instrument secured by a pool of assets, which primarily
includes accounts receivable but may also
include inventory, machinery & equipment. The amount generally available
under the line of credit is calculated as a percentage
of each of these asset classes.
Asset-Based Loan Benefits
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- Flexibility
- Speed
- Cost-effective, competitive relative
to other financial options.
Asset-Based Loan Purposes
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- Working capital to support business
growth and meet seasonal or cyclical financing needs
- Restructuring and turnaround situations
- Acquisitions and leveraged buy-outs
Typical Borrowers
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We can provide Asset-Based Loans to companies
in the United States in a broad
range of industries, including manufacturing, wholesale
/ distribution, and selected service business that generate
accounts receivables.
How Asset-Based
Lending Works
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- Submit an application along
with details on your accounts receivable.
Our due-diligence team conducts a field audit and analyzes
your business operations and assets.
- Your loan is structured with
a senior security interest in your accounts receivable,
inventory, machinery and equipment, and other
business assets.
- A combination of revolving
and term loan features are designed to match your projected
cash flow requirements.
- Your personalized loan management
team – an Account Executive and an Analyst – serve
as your partners and advocates.
You receive daily cash transfers and online reporting.
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To
find out more about Asset-Based Lending, call us:
(877) 897-3223
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