Asset-Based Lending is a powerful form of commercial finance that
primarily focuses on the liquid assets of a company rather than its
profitability and financial statements.
Revolving Line of Credit
Asset-based loans are typically
structured as revolving lines of credit. The line of credit will be
adjusted weekly based on your outstanding accounts receivable and
inventory on hand as well as certain types of marketable equipment.
Unlike factoring which requires
little or no credit, to acquire an asset-based line your company will need
to have established a certain amount of good credit. One of the
primary methods of establishing credit for young companies, is of course,
having a factoring line. In fact, it is quite common for factors to
"window dress" manufacturers and distributors for subsequent asset-based
revolving lines of credit.
Asset-Based loans are not provided
directly through our factoring portfolios but are sourced through our
area. At Aegis Factors, we
maintain relationships with some of the nation's largest providers of
asset-based loans and can quickly and efficiently match your small
business and an ABL provider, providing you with the necessary cash your
company needs for growth and normal operations.
Is Asset-Based Lending Right For Your Company?
Is asset-based lending the right
solution for your company's needs? To find out more and speak with
an Aegis Factors' underwriter, why not call us today or simply complete
our Online Company Profile. After receipt, a member of our
underwriting staff will contact you within 24 hours.