Skip to main content

Embrace Growth with Flexible Financing

Asset-based lending, lending based on the assets owned by the business, is an excellent option if your company is in high-growth mode and is working-capital intensive.

Even the most successful business can find itself with limited borrowing capacity. Perhaps you are just starting out, emerging from a rough patch or your business is highly seasonal, to name just a few potential reasons. With the right banking partner, there are flexible financing options available to help companies with less traditional credit profiles grow and succeed.

Asset-based lending, or lending based on the assets owned by the business, is an excellent option if your company is in high-growth mode and is working-capital intensive. This could be the case for a company that has a large book of receivables and needs to acquire inventory or equipment to support its increasing business. The vendor payments will be a big drain on working capital, which could put a damper on growth without a credit infusion.

Woman talking on the phone while working.

Asset-based lenders take collateral into consideration to augment a tight cash flow position and can offer such a company higher advance rates, more liquidity and less stringent covenants than would be available through a standard commercial lending structure. Asset-based loans also may be an attractive option for companies interested in growth through acquisition.

0 items in your bag

Cart View Bag

Product video