Asset-Based Lending
Borrow against the iron, inventory, and receivables you already own.
- Amount Range
- $250,000 – $10,000,000
- Min. Time in Business
- 2 years
- Min. Credit Score
- No minimum
- Typical Funding Speed
- 10 – 14 days
Overview
If your balance sheet is heavy with equipment, receivables, and inventory but your tax returns don't show a clean profit, asset-based lending is usually the right door. We lend against the value of what you own — fleet, machinery, AR, and materials — at advance rates set by appraisal, giving you a larger and cheaper facility than cash-flow lenders will offer.
Best Used For
- Equipment-heavy contractors and manufacturers
- Businesses in turnaround or coming off a bad year
- Companies with large AR concentrations
- Refinancing expensive short-term debt into a real facility
How It Works
- Step 1Collateral review
We build a borrowing base from your AR aging, inventory, and equipment schedule.
- Step 2Appraisal
Third-party valuation sets advance rates, typically 85% AR, 50% inventory, 70% equipment OLV.
- Step 3Facility in place
Revolving availability that grows as your collateral grows.
What You'll Need
- 2+ years in business
- Hard collateral: AR, inventory, equipment, or real estate
- Monthly financial reporting capability
- AR aging, inventory report, and equipment schedule
Typically SOFR + 4% – 9% depending on collateral quality and reporting.
Apply for Asset-Based Lending
Soft credit pull. No application fee. Answer in 24 hours on most files.
Other Programs
Ready to put capital to work?
Tell us what you run and what you need. A specialist who knows your trade calls you back within one business hour.