Asset-Based Lending / ABL

Asset-based lending, or ABL, is a flexible line of credit backed by what your business owns. For us that starts with your unpaid invoices, and can include inventory and equipment too. Your borrowing room grows as those assets grow, which makes ABL a good fit for companies growing faster than a regular bank line can keep up with.

How ABL differs from factoring

• You keep and collect your own invoices. ABL is a loan against them, not a sale.
• Your available credit flexes with your asset base rather than a fixed amount.
• For companies that qualify, it can be lower cost than factoring, with fewer invoice-by-invoice mechanics.

What we can lend against

• Accounts receivable
• Inventory
• Equipment and machinery

When ABL may make sense

• You have a solid base of unpaid invoices and need more working capital.
• You have outgrown your current line of credit or need a bigger one.
• You have collateral but do not fit cleanly into traditional bank financing.
• You have seasonal or project-driven working capital needs.

Good to know

• Facilities up to $5,000,000.
• ABL takes a bit more review up front, since we look more closely at the assets behind it.
• Same industry focus and exclusions as our factoring: no transportation, medical, or construction.
• All terms depend on our review and approval, and are spelled out in the paperwork before funding.

Request a Financing Review