asset based lenders

Asset based lenders offering non-traditional lines of credit

1 (800) 317-4933

Our asset based lenders group has a team who are experts on the funding needs of companies, we offer a non-traditional line which is secured with the company's receivables designed to help companies improve the cash flow and provide constant capital to meet payroll or meet other operating expenses.

Our non-traditional line is a ledgered line of credit which offers many of the features of a bank line of credit but without restrictive covenants. It can help companies in many situations, including companies that have been rejected for traditional bank financing, are in the red and struggling to meet expenses or have receivables concentration. Plus there are no audit requirements or financial covenants that can restrict the business.

Pricing is similar to an ABL line structure, typically prime + %, plus a service fee. The service fee is charged monthly on the gross amount of invoices, interest is charged on the amount of funds actually drawn, thus controlling the cost of funding.

ABL FUNDING OPTIONS INCLUDE:

  • Lines of credit on your accounts receivables, or;

  • A combination that includes factoring, plus a line of credit and/or term loan

  • Ledgered credit line

  • Term loan secured with your equipment

  • Inventory financing

  • Working capital loans to improve efficiency

 WE COVER MOST INDUSTRIES

  • Apparel and fashion

  • Distribution

  • Manufacturing

  • Staffing

  • Technology

  • Transportation and Trucking

  • Textile

  • Wholesale

  • And others

CAPITAL FOR A WIDE RANGE OF USES

  • Refinancing

  • Debt Restructuring

  • Working Capital

  • Acquisitions

  • Expansion / Growth

  • Reorganization

  • Meeting Expenses

  • Leveraged Buy-Outs

  • Equipment & Inventory Finance

For more informantion, please CONTACT US at anytime.  We hope to be your source for all your asset based lending and corporate finance needs.



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