What is a Hybrid Asset-Based Loan?
A hybrid asset-based lending (ABL) facility combines elements of factoring with ABL structures. It integrates cash flow with accounts receivable and additional assets, including equipment, machinery, inventory, and other business assets.
We Work With Most Industries
Established businesses seeking funding of at least $500,000.00 can apply for the hybrid asset-based facility.
Typically, we prefer to work with companies with an annual sales volume of $10 million, but we would consider smaller companies.
Ideal for Growing Companies
The hybrid asset-based loan can be ideal for growing companies that want a simple borrowing base loan. Asset-based lending provides customized loan arrangements secured with accounts receivable, inventory, and fixed assets. We can also add Cap-Ex support for your hard-earned money to purchase new or used equipment.
An ABL facility maximizes borrowing availability across a range of assets, allowing businesses to efficiently manage their working capital. This flexibility can lead to improved cash flow and the ability to seize new opportunities as they arise.
The hybrid loan structure may lead to increased due diligence, on-site field exams, and possibly appraisals for larger facilities.
More Information
For more information, please complete this SHORT FORM. We will contact you shortly.
more information