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Asset Based Lending (ABL) / Factoring
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Asset Based Lending / ABL Factoring
The Asset Based Lending Program is designed for businesses that can leverage their tangible assets and strong balance sheet as a means to accessing working capital. These clients pledge fixed assets such as inventory, machinery and real estate in addition to receivables in return for access to capital.
Payments are collected either electronically or through a “lock box” control account on a daily or weekly basis as specified in your contract. Receive working capital today for sales your business will make in the future.