Asset-based lending
A larger credit line, backed by receivables and inventory.
Use this when a few invoices are not enough room. The facility stays in place and is sized to the receivables and inventory you already hold. The rate is set on the file. This page does not publish one.
How it works
Three steps. Then you know if a line fits.
The first conversation is a fit check. If invoice factoring or purchase order financing is the better tool, we will say that before anyone builds a file.
01
Send the aging and the inventory
An accounts-receivable aging and a current inventory snapshot are enough to start. We do not need a forecast.
02
We size the line to those assets
Receivables and inventory set the room. If the file does not support a line, we say so and point you to the tool that does.
03
You draw as the assets support it
Once the facility is in place, you draw against the receivables and inventory you hold. Customer terms stay as they are.
Who this is for
- Receivables and inventory are both tying up cash
- The gap comes back every month, not just on one invoice
- You want a facility that stays in place
- Wholesale or distribution, roughly $2M–$25M
Who this is not for
- One approved invoice you need funded this week
- A single large order you have already won
- No receivables or inventory to support a line
- Consumer sales
Choose the gap
If this is not the gap, use the other tool.
Asset-based lending is the ongoing facility. The other two solve a shorter problem.
What is the line backed by?
Receivables and inventory. The facility is sized to those assets. It is larger than advancing one invoice at a time.
How is this different from invoice factoring?
Factoring turns named invoices into cash this week. Asset-based lending is the ongoing facility when receivables and inventory both need room.
How fast can we draw?
After the facility is in place, you draw as the receivables and inventory support it. The first facility takes longer than a single invoice advance. We will tell you the timing on the file.
Do customer terms change?
No. Customers keep the terms already on the invoice.
What do you need to look at the file?
An aging report and a current inventory snapshot are enough to start. The written terms come after review. This page does not publish a rate.
Who is this not for?
A single invoice you need funded this week, an order you have not won, consumer sales, and a business with no receivables or inventory to support the line.