Asset Based Financing

asset-based-lines-of-credit

Our asset based loans are ideal if your company is experiencing growth and needs the capital to support it. You get a revolving line of credit that is as convenient and easy as a bank line of credit, but is more flexible and available.

We will work with you to find the most advantageous funding solution that will work with your business needs and business growth.

Asset Based Lines Of Credit Lending

Our solution is more flexible because other forms of security not traditionally considered by banks are leveraged for the loan. The possible company assets that are evaluated for this type of financing are accounts receivable, machinery and equipment, and inventory.

Features and Benefits of Asset Based Lines of Credit Lending

  • Working capital financing secured by accounts receivable and inventory
  • Product offerings from $250,000 to $50,000,000
  • Aggressive advances rates on accounts receivable up to 90%
  • Up to 75% advance rates on certain inventory finished goods or raw materials
  • LIBOR based pricing starting below 4%
  • Traditional underwriting requirements apply such as: field exams, audits and financial covenants