Asset-based Lending
Asset Based Lending (ABL) is a revolving line of credit secured by the business assets of the company.
The loan facility size is determined by the value of these assets at a given time and the amount we agree to advance against them. As the value of your assets is ever changing so is your borrowing ability. This type of facility is attractive to dynamic companies that require their financing needs to match the ebb and flow of their business activity. The size of our ABL facilities range from $500,000 to $7,000,000 and are competitive in both rate and structure.