ASSET-BASED FINANCING IS THE OPTIMAL WORKING CAPITAL SOLUTION
Asset-based lending, also known as asset-backed finance, ABL lending or an asset-based loan, provides your small or medium-sized business with fast, flexible financing to optimize cash flow and effectively manage critical transitions.
Whether your business is looking to maximize growth opportunities or manage a successful turnaround, asset-backed financing provides maximum flexibility, especially in the following circumstances:
- Rapid growth
- Restructuring or turnaround
- Acquisition, merger or buyout
Asset-based lending works just like a revolving loan, which means it’s available when you need it, and you can pay it down whenever you choose.
Is Asset-Based Financing right for me?
First of all, asset-based financing allows you to leverage your existing assets, such as inventory, equipment, or accounts receivable, to secure funding. This means you don't necessarily need a long credit history or high credit score to get the financing you need. How great is that?
Asset-based financing can also be a flexible option, allowing you to access funds quickly when you need them, and adjust the amount of financing based on changes in your business's needs. Plus, the financing terms can often be more favorable than other types of loans.
But perhaps the best part about asset-based financing is that it can help you grow your business! By securing the funds you need to invest in new equipment, expand your inventory, or hire more staff, you can take your business to the next level.
So if you're looking for a financing option that is flexible, accessible, and can help you grow your business, asset-based financing might just be the perfect fit for you!
Get in touch for an Asset-Based Financing Solution
We offer several ways for you to contact us and begin the process of obtaining an asset-based financing solution. The easiest way to get started is to fill out an online application form and submit it electronically via email. You can also give us a call and speak with one of our knowledgeable loan specialists who can guide you through the process and answer any questions you may have. Additionally, you can reach out to us by sending an email or through our social media channels. No matter how you choose to contact us, we are dedicated to providing personalized service and helping you find the financing solution that works best for your unique situation. So don't hesitate to reach out to us today to start the process of obtaining the right asset based-financing solution for you!