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Asset Based
Lending
Asset Based Lending is non-bank lending.
Asset Based Lending does not restrict growth.
Asset Based Lending encourages capital equipment purchases.
Asset Based Lending is more flexible, providing higher advances against collateral.
Asset Based Lending does not require additional security, such as compensating
balances, personal assets, or warrants against subsidiary stock.
Asset Based Lending is nationwide with no geographical limitations.
Asset Based Lending can provide unlimited International services.
Types of Collateral
1. Accounts Receivable
2. Inventory
3. Machinery and Equipment
4. Securities
5. Letters of Credit
Financing and Services Offered
1. Business Loans
2. Revolving Credit Lines
3. Senior term debt for machinery and equipment
4. Letters of Credit
5. Equipment Leasing
Typical Borrowers
Manufacturers, Wholesalers, Distributors, Retailers and
Service businesses with $1 million to $1billion in annual sales or total assets of
$500,000 minimum.
Lending Uses
1. Working Capital
2. Reorganizations and Debt Restructures
3. Mergers and Acquisitions
4. Capital Equipment Purchases
5. Rapid Growth Funding
6. Seasonal Cash Shortfalls
7. Turnarounds
8. Leveraged Buyouts
9. Debtor-in-Possession Loans
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