1880 N Congress Ave, Boynton Beach, FL, 33426
Our first priority is to get to know you and your business. Our existing funding expertise coupled with an intimate knowledge of your business’ strengths and challenges will guide us in customizing an effective Asset-Based Lending* or Accounts Receivable Financing solution to provide your business with a reliable working capital partner.
Asset-based Lending provides working capital as a structured revolving line of credit based on a percentage of the value of the company’s assets, such as commercial accounts receivables, inventory, machinery and equipment. Commercial accounts receivable should comprise the largest portion of combined assets. The borrowing base for Asset-Based facilities can be up to 90% on commercial accounts receivables and up to 50% on inventory and machinery.