Asset Based Lending (ABL)

Asset Based Lending (ABL)

Flexible business funding secured by company assets such as accounts receivable, inventory, equipment, and other eligible business collateral.

Program Rates & Terms

• Estimated Rate: 6% to 14%
• Structure: Revolving credit facility
• Accounts Receivable Advance: 70% to 90% of eligible receivables
• Inventory Advance: 40% to 60% of eligible inventory
• Collateral: Accounts receivable, inventory, equipment, and other eligible business assets

Qualification Guidelines

• Credit: 600+ preferred
• Revenue: $500,000+ annually preferred
• Receivables: Strong accounts receivable are important
• Collateral Quality: Asset value and collectability are key approval factors
• Business Type: Best suited for existing businesses with measurable assets

Required Documents

• Accounts receivable aging report
• Business financial statements
• Recent business bank statements
• Inventory report, if applicable
• Equipment list, if applicable
• Completed application

Best Fit For

• Businesses with strong receivables
• Companies with inventory or equipment assets
• Manufacturing companies
• Wholesale and distribution businesses
• Businesses needing revolving working capital
• Companies with growth opportunities but limited traditional bank access

Key Insight

Asset based lending is driven heavily by the quality and value of business collateral. Strong receivables, reliable customers, organized financials, and clean collateral documentation can significantly improve funding options.