LENDER-UC24I10805EB000248
$495.00
Purchase for full contact information of one or more deal team members. All purchases are final and non-refundable.
Description
– Asset-Based Loans (ABL) and Factoring
– Loan sizes in the range of $10-25M with a sweet spot of $5-50M
– The lending group is owned by a bank
– Will lend on both accounts receivable and inventory
– Loans are secured by assets such as inventory, accounts receivable, equipment, and real estate
– Interest rates are generally higher than traditional bank loans
– Used for working capital, growth, refinancing, and acquisitions