[The link bar feature is not available in this web]

Company Profile Structured Settlement Purchase Factoring Receivables Asset Based Loans Major Projects Contact Us

[The link bar feature is not available in this web]



Asset Based Loans

Asset Based Lending is a dynamic and seldom used form of financing. The reason for that is our traditional way of thinking which limits us from thinking outside the box. We associate Loans with standard banking practices when we really need flexible and creative access to Working Capital to achieve our goals.

What are Asset Based Loans?

Asset-based loans are usually from commercial finance companies (as opposed to banks) that are offered on a revolving basis and collateralized by a company's assets, specifically accounts receivable and inventory.

What is the purpose or function of an Asset Based Loan?

Typically Asset Based Loans provide short (and sometimes long!) term restructuring of a companies' financial situation in a way that facilitates Maximal Cash Flow. One purpose of this type of lending is to provide a limited period of recovery time and a financial operating environment whereby a company can demonstrate how it can perform were it to have a long term loan in place. 

What companies is Asset Based Lending appropriate for?

Asset based loans are appropriate for companies that may be rapidly growing, highly leveraged, in the midst of a turnaround or undercapitalized. In addition, asset-based financing works only for companies with proven accounts receivable, and a demonstrated track record of turning over their inventory several times each year.

Contact a funding consultant

Call 561-883-0883 for more information!


Elite Global Funding, Inc - All Rights Reserved 2006

Site Designed by Onyx Crown.