Asset based lending for manufacturers

 Invoice factoring and receivables line of credit for manufacturing companies

1 (800) 317-4933

Asset based lending for manufacturing companies. What is asset based lending? Asset based lending consists of business credit facilities that are available to manufacturers secured with company assets such as accounts receivables, real estate, equipment and inventory.

Our asset based lending services offer financing options to manufacturing companies such as flexible invoice factoring  receivables lines of credit/ledgered line of credit equipment finance & leasing term loans and inventory financing.

A line of credit or a working capital line can be secured with your accounts receivables and can improve your company's cash flow and efficiency, and for companies that are factoring and seeking a shift to a line of credit our ABL options offer manufacturing companies competitive funding for:

  • Acquisitions
  • Debt Restructuring
  • Expansion / Growth
  • Leveraged Buy-Outs
  • Refinancing
  • Reorganization / Meeting Expenses
  • Working Capital

It is essential for manufacturers to remain competitive and resourceful in order to maintain the gradual growth of its customer base, and the reliability and dependability of customer service and product quality, as well as keeping up with continued innovations and diversification of its industry's products and services. The financing resources of a company can be difference between continued growth and a successful future or significant setbacks or failure.

Asset based lines of credit and terms loans for manufacturers are secured with their company's assets and are essential funding options to remain competitive. And for companies in trouble, our working capital credit facilities are available to help them restructure debt and reorganize. Our turnaround / workout consultancy and CEO-Level concern solutions team offer the knowledge and assistance, combined with strategic planning to help turn your business around.

RECEIVABLES LINE OF CREDIT

Our receivables line of credit option is called a ledgered line of credit, which offers many of the advantages of a traditional bank line of credit except for the restrictions that can hinder a company's growth should a financial covenant is not met during a review of the latest financials or an audit. A ledgered line of credit has no such restrictions.

A ledgered line is ideal for companies that are considering a traditional line of credit or are presently with an asset based lending or bank line and would like to get away from the strict requirements but maintain the features of a traditional line and competitive pricing. And unlike a traditional line of credit, there are no audits or restrictive covenants with respect to ratios, concentration, etc.

HERE ARE THE OBVIOUS ADVANTAGES OF A LEDGERED LINE OF CREDIT

  • No audit requirements
  • No restrictive financial requirements
  • No restrictive covenants
  • No financial ratio requirements
  • No concentration restrictions
  • No long application to funding process
  • Plus other benefits

For more information about our invoice factoring or receivables line of credit, please submit this SHORT FORM. The affiliate office that handles your area will contact you shortly.



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