Asset Based Lending

Working capital lines and term loans secured by A/R, inventory, or equipment. Borrowing base structures, fast availability, and flexible covenants where appropriate.

Asset-based lending

Working capital that scales with your assets. We arrange revolving lines and term loans secured by accounts receivable, inventory, and equipment, designed to support growth, seasonality, or turnaround plans with practical reporting and clear availability.

What is asset-based lending

An asset-based facility advances funds against eligible collateral through a borrowing base. Availability is recalculated on a schedule using aging and inventory reports, so liquidity grows as assets build.

  • Revolving lines for receivables and inventory
  • Term loans against equipment or select hard assets
  • Reporting cadence set to your operating rhythm

Collateral and common uses

Eligible collateral

  • Accounts receivable, domestic and eligible foreign
  • Inventory, raw materials, WIP, finished goods
  • Machinery, vehicles, and production equipment
  • Select real assets case by case

Use of proceeds

  • Working capital and growth
  • Supplier terms and inventory builds
  • Refinance higher cost lines
  • Turnaround or bridge to stabilization

Typical structures

Revolving lines

  • Advance rates on A/R by aging bucket
  • Inventory sublimit with eligibility rules
  • Monthly borrowing base certificates
  • Lockbox or springing dominion when required

Equipment term loans

  • Amortizing or interest-only period then amortization
  • Advance rates tied to appraised orderly liquidation value where applicable
  • Co-terminus with remaining useful life

Eligibility and reporting

  • Recent A/R aging, inventory detail, and sales concentration review
  • Borrowing base formula with reserves for ineligibles
  • Field exam may be required based on size and complexity
  • Covenants tailored to coverage and liquidity metrics

How the process works

  1. Pre-qualification. Collateral review, leverage goals, and timing.
  2. Checklist. A/R aging, inventory reports, equipment list, financials, and organizational docs.
  3. Lender alignment. Match with ABL lenders that fit your collateral mix and cadence.
  4. Underwriting. Confirm advance rates, reserves, reporting, and covenants.
  5. Closing and funding. Implement lockbox if needed, finalize base, and draw availability.
Request an ABL quote Talk to a specialist

Information above is general and may not apply to every situation. Final terms, eligibility, and timing are determined by the lender. We help you set realistic expectations and present the strongest possible file.