Does your business have tangible assets and qualified management? If so, you can use those assets to generate additional working capital to meet your objectives and take advantage of business opportunities.

Asset-based loans are an alternative to traditional bank lending because they serve borrowers with risk characteristics that are typically outside a bank's comfort level. An important aspect of asset based lending is that prospective borrowers do not have to be profitable or have a minimum net worth.

Asset based financing matches a company's assets to its borrowing needs. Bank debt typically relies heavily on balance sheet ratios and cash flow projections as loan criteria. Asset based lending on the other hand uses a client's business assets as its primary focus for lending. The advantage usually allows far greater borrowing power that may not have been achieved from a traditional cash flow banking approach.

Typically asset-based loans are secured by a wide variety of assets. Businesses can borrow money, using collateral such as company's accounts receivables, inventory, equipment, and/or real estate, whereby the lender takes a first priority security interest in those assets financed.

No matter what your companies industry we can provide asset-based loans for virtually every stage of your business - from meeting your working capital needs, mergers, acquisitions, leverage buyouts, debt refinancing and more.