LENDER-EC24I10805EB00091
$495.00
Purchase for full contact information of one or more deal team members. All purchases are final and non-refundable.
Description
– Asset-based lending (ABL) and term loans
– Loan amounts: $5-50 million
– Industries served: Oil and gas, oilfield services (OFS), firearms, and other “harder” industries that many lenders avoid
– Usually no personal guarantees (PGs) required
– For ABL loans, the lender will use the company’s assets as collateral, including accounts receivable, inventory, and equipment.
– In addition to ABL, the lender also offers term loans. These are loans that are repaid over a set period of time, usually with a fixed interest rate. Term loans may be used for a variety of purposes, including expansion, equipment purchases, or refinancing existing debt.