Asset Based Loans

Asset-Based Loans (ABL) are loans that are based on the assets of your company, traditionally those secured by business accounts (invoices) or inventory. In conjunction with ABL, term loans can be offered and secured by real estate, machinery, equipment, and intangibles. Asset Based Lines are typically much larger than factoring facilities with $500,000 usually being the minimum and over $1,000,000 the norm. Some exceeding 1 Billion.

Our clients typically include, but are not limited to, manufacturing, wholesale, distribution and service companies facing the following situations

  • Acquisitions

  • Turnarounds

  • Rapid Growth

  • Customer Concentrations

  • Shareholder Buyouts

  • High Leverage

  • Seasonal Sales

  • Capital Expenditure Lines

  • Debtor-In-Possession (DIP) financing

  • Mergers and acquisitions

  • Short Operating Histories (Emerging Businesses)

  • Over advances based on proven cash flow

Benefits to Clients

  • Maximizing your company’s assets: up to 90% of your Accounts Receivables and up to 65% of your inventory

  • Flexibility: 2-5 year facilities terms assist in the medium and long term planning rather than current asset needs and past profitability.

  • Expediting business growth: Accelerates cash flow and enables reinvestment into the business for sustained growth

  • Professional and personalized service: We focus on providing customers with ongoing attention, support, and service

  • Customized financing and confidentially: We are able to underwrite loans that go beyond the lending criteria of most conventional financial institutions to facilitate the best credit facility for your criteria.