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is unlike traditional bank loans. Banks can only lend under strict
balance sheet, income statements ratios and trend percentages. This
 is due
to restrictions dictated by Federal and State government regulators.
Asset-based financing focuses on the collateral, management, future
outlook and other resources available to the company. It provides
immediate access to cash that has been previously tied up in
non-liquid assets. This type of financing can provide an overall
credit facility or a single line of credit.
Asset based loans are typically secured by the
following types of collateral:
- Accounts Receivable
- Inventories
- Machinery and Equipment
- Real Estate
- Certain Intangibles (Future Sales, etc.)
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range from
small to middle market sized companies. These include manufacturers,
service providers, technology companies, wholesalers and retailers.
Companies that are unable to obtain or are restricted by
conventional bank financing
Companies that may benefit from asset-based
financing typically face the following challenges:
- Rapid growth
- Turnaround
- High leverage
- Short operating history
- Buyouts of shareholders
- Restricted by bank covenants
Specializes in non-traditional business credit
solutions. We offer competitive and creative financing packages. Our
experienced commercial finance professionals can help you overcome
and resolve complex financing issues and provide a timely response
to your needs. Our approach is to get to know you and your business
and to work hard in helping you achieve your goals.
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