Asset Based Lending

Asset based loans are generally used by small to mid-sized businesses to cover short to long term cash flow demands and are secured by some sort of collateral. Examples of collateral include account receivable, inventory, equipment, real estate, or other property owned by the borrower. This product could be best suited for high growth companies who need capital that will grow along-side revenues, A/R, and inventory. Years in business and poor personal credit are not obstacles to receiving approval for a loan.