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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 and inventory, and may also
include equipment, real estate and special assets like
intellectual property. 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 North America, the European Union and Asia 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, real estate 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:
1-877-897-3223
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