Collateral-backed businesses
ABL may work for distributors, manufacturers, wholesalers, logistics firms, and other asset-heavy operating companies.
Capital solution
Asset-based lending for companies with meaningful collateral support.
ABL may fit companies with receivables, inventory, equipment, or other business assets that can support a working capital facility beyond pure cash-flow underwriting.
Asset-based lending (ABL) is a capital facility secured by business assets — typically accounts receivable, inventory, equipment, or real estate. The borrowing amount is determined by the value and quality of eligible collateral rather than solely by cash flow or credit score, making it accessible to companies with strong assets but complex financial profiles. Compare ABL to invoice factoring to understand which structure fits your receivables profile. See how a Midwest manufacturer used ABL to fund $4.8M in growth.
Monitoring and reporting
Borrowing-base structures may require reporting, collateral review, field exams, or ongoing availability calculations.
Asset quality drives availability
Advance rates and structure depend on eligible A/R, inventory quality, liens, valuation, and concentration risk.
Documentation
What we review for asset-based facilities.
- A/R and A/P aging, inventory reports, and customer concentration.
- Current lien search, lender payoff information, and capital stack review.
- Financial statements and management discussion of margin and seasonality.
- Collateral valuation or appraisal where appropriate.
Evaluate whether assets can support a larger facility.
ABL is often a fit question, not just a product choice.