Asset-based lending (ABL) is a great solution for businesses that have needs that are outside the realm of what traditional banks can offer. Whether it’s greater leverage, softer covenants, or more flexibility, asset based structures can be customized to meet the needs of each individual company. Asset based lending provides a line of credit based on your company’s eligible:
We understand that your business is unique with working capital needs all its own. We will work with you to help determine the best solution to meet your unique situation and particular goals. Our staff of financing specialists have experience assisting companies in a range of different industries, and we will leverage that knowledge to create a custom solution for you.
Primary Transaction Size | $500,000 to $7.5 Million |
Business Credit Type | Line of Credit |
Advance Formula | Up to 90% of eligible Accounts Receivable Up to 50% of eligible Inventory |
Advance Frequency | Weekly (or as often as daily) |
Services | Credit reviews for new and existing account debtors Collection services (in some cases) Customized management reports |
Benefits | Receivables support allows you to focus on your core business |
Crestmont Capital’s Asset Based Lending Benefits | Competitive pricing Flexible structuring Fast response time: Proposal turnaround within two days Closing times are the fastest in the industry |