IF YOU HAVE A WELL ESTABLISHED BUSINESS AND ARE READY TO MOVE OUT OF THE FACTORING ARRANGEMENT OR YOUR CURRENT BANK LINE WE CAN HELP.Asset-Based Lending Services
Asset based lending (ABL), is a great solution for businesses that have needs that are outside the realm of what traditional banks can offer. If your business has outgrown invoice factoring or if your bank is reducing your credit line. If you required greater leverage, softer covenants, or more flexibility, asset based structures can be customized to meet the needs of each individual company.
Asset based lending provides a line of credit based on your company’s eligible: Low Rates and Revolving Lines.
Refinance out of a Merchant Cash Advance Refinance out of a Factoring Agreement Term Loan for Asset Based accounts Larger Lines of Credit with Assets |
|
ASSET BASED LINES OF CREDIT
Primary Transaction Size: $1,000,000 - $25,000,000
Credit Type: Line of Credit or Term Loans
Advance: Up to 90% of Eligible Receivables
65% of Real Estate,
Up to 50% Of Inventory, 50% of Machinery
Services: Credit Reviews for new and existing accounts debtors, Collections Services as Needed, Debt
Managements, And Cash Flow Projection Analysis.
Asset Based Lending Benefits: Competitive Pricing and Flexible Structure. No Cap on Asset.
No Restrictive Bank Covenants and long closing time or Equity Requirements.
No Dilution or Lose of Control
Approvals in 48 Hours and Funding in 15-30 days.
RATES: Libor + | 4.5% +
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.
Credit Type: Line of Credit or Term Loans
Advance: Up to 90% of Eligible Receivables
65% of Real Estate,
Up to 50% Of Inventory, 50% of Machinery
Services: Credit Reviews for new and existing accounts debtors, Collections Services as Needed, Debt
Managements, And Cash Flow Projection Analysis.
Asset Based Lending Benefits: Competitive Pricing and Flexible Structure. No Cap on Asset.
No Restrictive Bank Covenants and long closing time or Equity Requirements.
No Dilution or Lose of Control
Approvals in 48 Hours and Funding in 15-30 days.
RATES: Libor + | 4.5% +
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.