Asset Based Lending

Credit Lines
$50,000 to $1.5 Million

With asset based lending, working capital and term loans are secured by accounts receivable, inventory, machinery, equipment, and/or real estate, and there is minimal to no contact with your customers.

Easy In:  No-Cost Financing Proposals, Fast Close & Fund

Easy Out:  No Pre-payment Penalty, No Minimum Borrowing Level

Accounts Receivable Credit Lines:   Advance rates up to 85%, or higher.

Inventory Loans:  Inventory accommodations made to existing receivable borrowers.  Competitive advance rates up to 50% or higher.

Equipment Loans:  Equipment term loans made as accommodations to existing receivable borrowers.  Competitive advance rates up to 50% or higher.

Other Collateral:  Used to provide additional flexibility or over advances.

For more information, contact Frank Erwin at 201-540-9210.

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