Asset Based Lending

Asset Based Lending Program

The Asset Based Lending Program is available to businesses in a wide variety of industries: manufacturing, wholesale distribution, commercial printing, business services, medical services, job placement and temporary agencies; and many others. 

Typically, a qualified business would generate $250,000 to $2.5 million in annual revenues. 

Lending characteristics include:

• Lines of credit between $25,000 and $250,000;
• Accounts receivable financing for business to business invoices; 
• Flexible rate, cash-collateral reserve;
• Term – the term and interest rate are negotiable; and
• Collateral — typically assignment of the invoices purchased.

Minimum Loan: $25,000

Maximum Loan: $250,000 ($100,000 for start-ups)

Term: Up to 1 year

Interest Rate: Negotiable 

NOTE:  This program has been in existence since 2008.

If you are ready to apply for our Asset Based Lending Program now, please click here or call 301-883-6900.