Asset Based Lending FAQ

An asset-based loan uses the value of a business's current assets as collateral. Unlike traditional loans, financing is based on the value of the assets, so it’s often quicker and easier to obtain.

Companies that may benefit from ABL are asset-rich in the manufacturing, distributing, wholesale, retail and business services industries that are experiencing a shortage in cash flow due to a variety of reasons including seasonal needs, industry cycles or rapid growth, among others. An asset-based loan can provide that infusion of cash needed to expand for the long term or get over short-term challenges. Speak with a cash flow expert today to determine if an ABL relationship is right for your specific needs and goals.

An asset-based loan uses the value of a business's current assets as collateral. Unlike traditional loans, financing is based on the value of the assets, so it’s often quicker and easier to obtain.

Funding is advanced based on the value of the assets presented as collateral. Since an asset-based loan relies on the quality of the collateral and the borrower’s operating performance, funding is generally quicker than with traditional loans – often same day. To get started, contact our cash flow specialist or request that we call you here. We will contact you within 24 hours.

Pricing is based on either prime rate or LIBOR (London International Bank Offer Rate), depending on the borrower’s operating cycle.

Funding is often same day.