Asset Based Lending

What is Asset Based Lending?

Asset Based Lending (ABL) is a form of secured lending that is based principally on the quality, value and adequacy of the collateral that an issuer pledges. ABL loans are typically less costly than invoice factoring but may be more restrictive as well. If your business has grown to the next level, Triumph Commercial Finance could be your next stage of working capital finance.

As leading asset-based lending consultants, we specialize in asset-based lending services for small to mid-size companies that require working capital financing to meet cashflow needs. With years of experience working with over 5,000 businesses like yours, we have the knowledge and expertise to meet your goals and put your business back on track.

Are you ready for Asset Based Lending?

There are primarily three criteria used to determine if your business is ready to graduate from invoice factoring to asset-based lending.

Size

Minimum loan utilization is typically $1 million.

Financial Reporting

ABL borrowers typically submit collateral reports to determine loan eligibility. Additionally, borrowers are required to present CPA reviewed, and preferably audited, financial statements.

Capacity

Financial criteria, such as favorable earnings and tangible net worth, are generally considered in the loan underwriting process.

Want to learn more?

To learn more about Triumph’s asset-based lending services, click the button to the right! You may outgrow invoice factoring, but it’s hard to outgrow Triumph. Contact our asset-based lending consultants today to discuss your financing needs!

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