Funding solutions
Asset-based lending
Turn your receivables, inventory and equipment into a flexible line of credit that grows with your business.
What you can use it for
Accounts receivable
Borrow against unpaid invoices instead of waiting 30 to 90 days.
Inventory
Use the value of your stock to fund operations and purchasing.
Equipment and machinery
Unlock capital tied up in assets you already own.
How it works
An asset-based line of credit is sized by a borrowing base, which is a percentage of the value of your eligible receivables, inventory or equipment. As your assets grow, your available credit can grow too. You draw what you need and pay interest only on what you use.
Is it a good fit?
- Established businesses, often with $1M+ in annual revenue
- Significant receivables, inventory or equipment
- Clean financial records and reporting
- B2B companies, distributors, manufacturers and wholesalers
Typical guidelines. Requirements vary by program.
Frequently asked questions
How is my credit limit set?
It is based on a percentage of eligible assets, often a higher percentage for receivables than for inventory or equipment.
Who is asset-based lending best for?
Growing businesses with strong receivables or inventory that need more flexibility than a standard bank loan.
Is my credit score the main factor?
Not usually. The quality and value of your assets matter most.
How long does approval take?
Because assets must be reviewed, setup usually takes longer than working capital, often a few weeks.
Other funding options
Not all applicants qualify. Approval, amounts, rates and terms depend on review of your application. Merchant cash advances and invoice factoring are not loans.