Working capital that works 

With lower reporting requirements, Benchmarq’s Asset-Based Loans use a borrowing base to manage the collateral. We offer up to 85% advance rates with this product, which is designed for clients with a lower risk profile. Asset-Based Lending gives you the freedom to increase your cash flow by borrowing against a pool of your assets - and because of your healthy financial status, we don’t monitor your every move.

 
 

What is Asset-Based Lending or an Asset-Based Loan?

Asset-based lending (ABL) is a business loan secured by collateral, also known as assets. The loan is secured by accounts receivable, inventory, and equipment. ABL finance is typically structured as a revolving line of credit, which allows a company to borrow against assets on a continuing basis to cover investments or expenses as required.

 
 

Qualifying for ABL Finance or Financing

Also known as ABL Financing or Finance, asset-rich companies can utilize asset lending to maximize borrowing capacity. ABL financing can be used for strategic growth for companies looking to expand into new markets. To qualify for asset-based financing, it is generally required that the company is both stable and have assets that are able to be financed.

 
 

Apply for asset-based lending today!

Many lenders and banking institutions will require you to fill out difficult paperwork to get the cash flow for your business. Benchmarq team members are experts at making the process as simple as possible, so you can get the invoice factoring that will help your company grow.

 
 

ABL Highlights

  • Lower reporting requirements

  • 85% advanced rates

  • Borrowing base

 

Asset-Based Lending Guidelines

Facility Limits

  • $100,000-$6,000,000+

Advanced Rates

  • Up to 85% of A/R

  • Up to 50% of Inventory

  • Up to 60% of NOLV or 40% of Book Value

  • Up to 75% of appraised Real Estate Value

 

How Asset-Based Lending Compares

Financing Guidelines

Take a look at our offerings, and see how we can help. We offer loans from the low 6 figures to 7 figures, plus. From higher reporting to lower risk, and borrowing base to invoice purchase, somewhere on that chart is a loan for your company.

More options for your business