Business Loan

Asset Based Lending

Use your existing business assets to unlock powerful lines of capital.

$250K – $50M

Loan Amount

6% – 18%

Typical APR

12 months – 5 years (revolving)

Loan Term

5 – 21 days

Funding Time

About This Loan

What is a Asset Based Lending?

Asset based lending (ABL) is a flexible financing solution where a business borrows money secured by its own assets — such as accounts receivable, inventory, equipment, or real estate. Unlike cash flow loans, ABL focuses on the value of what your business already owns, making it accessible even when profitability is inconsistent.

Minimum Credit Score

580+

Fund Usage

What Can Funds Be Used For?

Accounts Receivable

Borrow up to 85–90% of outstanding receivables owed by creditworthy clients

Inventory Financing

Leverage existing inventory as collateral to access working capital

Equipment & Machinery

Use owned equipment and machinery as security for a credit facility

Business Growth

Fund expansion, acquisitions, or large contracts without new equity dilution

Turnaround Situations

Access capital during financial restructuring or periods of low profitability

Seasonal Peaks

Scale your credit line up during peak seasons as inventory and receivables grow

The Process

How It Works

From application to funding — here is exactly what to expect when applying for a Asset Based Lending.

01

Asset Audit & Valuation

Lender evaluates your eligible assets — receivables, inventory, equipment — and assigns a borrowing base.

02

Borrowing Base Certificate

You submit regular reports (weekly or monthly) showing asset values. Your available credit adjusts accordingly.

03

Draw Against Your Line

Draw funds as needed up to your approved borrowing base. Capital scales with your business assets.

04

Repay as Assets Convert

As receivables are collected and inventory is sold, the line replenishes — keeping capital in constant motion.

Requirements

Do You Qualify?

Min. Credit Score

580+

Eligible Assets

Receivables, inventory, equipment

Annual Revenue

$1M+

Time in Business

1+ year

Collateral

Business assets required

Reporting

Regular borrowing base reports

At a Glance

Pros & Cons

Advantages

Credit line grows as your business assets grow

Available to businesses with inconsistent profits

Lower rates than unsecured financing

Large facility sizes up to $50M+

Considerations

Requires ongoing asset reporting and audits

Complex structure — more administrative overhead

Only as strong as the quality of your assets

Ready to Apply for a Asset Based Lending?

Submit your application in under 10 minutes and get matched with top lenders offering competitive rates tailored to your profile.

Secure & Encrypted
Decision in 24 Hours
Non Bank Lenders

We use cookies and similar technologies to improve your experience, analyze site traffic, and serve relevant content. By clicking "Accept", you consent to our use of cookies.