Asset-based lending

With an asset-based line of credit, you can use your own assets as collateral instead of personal assets or cash flow projections. This solution offers working capital for companies that may be growing, are highly leveraged, or just need more capital than their current lender is willing to offer.

What is Asset-based Lending?

It’s as simple as it sounds: a line of credit based on your assets. Your account receivables, inventory, and equipment serve as the collateral for the loan.

Asset-based lines of credit offer working capital for companies that may be growing, are highly leveraged, or just need more capital than their current lender is willing to offer. Sometimes a company just needs a line of credit to complete that big order or get over a financial bump in the road. Whatever the reason, manufacturers, distributors, service companies and more find this financing works well for their business needs, whether they’re used for a one-time contract, seasonal needs, or the ups and downs of a business cycle.

How Asset-based Lending Can Help Your Business?

Almost any company can use asset-based lending as long as they are willing - and able - to use their assets as collateral. It allows a business to request cash advances against eligible collateral, and repay the money borrowed over the term of the loan.

Asset-based lending is not just for companies with inconsistent cash flow. It offers another avenue for companies that may be growing or need access to working capital sooner than later. As a powerful solution to cover short and long-term cash needs, using asset-based lending can lead to additional opportunities including: hiring more employees, securing a new contract, purchasing equipment, making payroll, seizing a unique opportunity, and much more.

We offer

• Advances of up to 99 %* on eligible accounts receivable, 50 % on inventory, and 75 % on your equipment
• Competitive rates with deep resources from Tholons Capital Inc.
• Greater cash availability for your business and the ability to restructure or replace current debt
• Flexible credit structures and simple loan compliance

* Conditions apply.