Asset-Based Lines of Credit (ABL)
Has Your Line of Credit Been Capped at Your Bank?
Asset-based loans (ABL) provide $1M to $15M in working capital when a business is in growth mode and the bank caps your line of credit. Asset-based lending is collateralized by accounts receivable (AR), inventory, and equipment.
The worst possible scenario for a company in growth mode is a lack of working capital. It does not allow you to implement the necessary strategies you need to take your company to the next level. We provide asset-based loans based on senior debt solutions collateralized by AR, inventory, and equipment. Our funding source can provide lines of credit between $1 million and $15 million!
Maybe your business is recovering too slowly for some reason, or you’re growing too quickly for the comfort of a traditional bank. Maybe your current bank has put your company’s line of credit in special assets or workouts, and you have nowhere else to turn.
The Working Capital Finance team we work with has been providing cash flow and term financing nationwide for over 30 years. With competitive pricing and quick turnaround, our sole focus is on tailored solutions that fit the unique needs of your business!