With lower reporting requirements, our use a borrowing base to manage the collateral.
We offer up to 85% advance rates with this product, which is designed for clients with a lower risk profile.
LTF Business Financing gives you the freedom to increase your cash flow by borrowing against a pool of your assets – and because of your healthy financial status, we don’t monitor your every move.
WHAT IS ASSET-BASED LENDING OR AN ASSET-BASED LOAN?
Asset-based lending (ABL) is a business loan secured by collateral, also known as assets. The loan is secured by accounts receivable, inventory, and equipment.
ABL finance is typically structured as a revolving line of credit, which allows a company to borrow against assets on a continuing basis to cover investments or expenses as required.
QUALIFYING FOR ABL FINANCE OR FINANCING
Also known as ABL Financing or Finance, asset-rich companies can utilize asset lending to maximize borrowing capacity. ABL financing can be used for strategic growth for companies looking to expand into new markets. To qualify for asset based financing, it is generally required that the company is both stable and have assets that are able to be financed.
APPLY FOR AN
Many banks and other banking institutions will require you to fill out hard paperwork to get the money you need. LTF team is adept at making the process as simple as possible so you can get the monetary solutions that will help grow your business.
Do you need to grow?
We can help you
Contact us for more information regarding the industries we support and our business scheme.
We are backed by LTF GROUP, a Business Portfolio dedicated to spotting opportunities in challenging markets and then building around them.
We've got what you need to boost your business.