Why Choose Asset-Based Lending?1
When your company is growing rapidly, your cash flow doesn’t always align with traditional borrowing requirements. Our asset-based loan (ABL) solutions provide access to additional capital for growth, payroll and other operating expenses, secured by your inventory and accounts receivable.
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Competitive advance rates: ABL financing often offers attractive rates when matched with highly liquid assets.
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Covenant flexibility: Compared to traditional commercial loans, asset-based financing offers greater flexibility in meeting your funding needs.
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Streamlined underwriting and approval: Your need for working capital can’t wait. Our responsive bankers and underwriters get you answers quickly.
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Expertise in many industries: We lend and provide other banking services to a wide range of industries, including software, technology, hardware, retail, manufacturing and more.
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Banking throughout your company’s life cycle: Receive personal attention from your banker as your company grows, from Startup Banking to services tailored for larger organizations and public companies.
Asset-Based Lending Solutions1
Your banker will work with you to optimize asset-based financing to fit your needs. Because an asset-backed loan uses your balance sheet or other assets as collateral, it can be a dependable choice to maximize your borrowing capacity and deliver needed liquidity.
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Accounts receivable, including foreign or government A/R or extended terms
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Acquisition financing
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Equipment financing
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Working capital
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Invoice financing, inventory financing and purchase order (PO) financing
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Supply chain management
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Vendor credit to improve availability
Our Asset-Based Lending Parameters
We customize your ABL loan to your company’s goals, within specific lending guidelines. We typically base financial covenants upon net availability, balance sheet liquidity and/or cash flow.
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Facility size: $2 million to $50 million
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Pricing: Prime- or Ameribor-based options
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Typical advance rates: 80% to 85% of eligible A/R and up to 50% to 60% of eligible inventory
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Fees: origination and nominal collateral monitoring charge
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Negative cash flow possible with adequate liquidity
Full-Service Banking Solutions1
You benefit from the flexibility of asset-based financing to provide working capital when you need it, along with a full suite of business banking products and solutions. Whatever you need, you’ll experience personalized attention and service designed to respond to your needs and timeline.
Over the last 15 years, what really stands out is how dedicated the bank is to our success in both good and challenging times. Today, our business — and our partnership with the bank — is stronger than ever, and we’re looking forward to what comes next."
Contact Our Team
Reach Our Asset-Based Lending Specialists
About Us
Contact Us
With us, you get the best of both worlds as we deliver innovative ABL solutions backed by the reach of one of the country’s top-performing banking companies. Whether you choose asset-based financing or another loan structure, you’ll receive quick answers from our dedicated relationship bankers.
1 East Washington Street
Suite 1400
Phoenix, AZ 85004
United States
1. All offers of credit are subject to credit approval, satisfactory legal documentation, and regulatory compliance. Borrowers are responsible for any appraisal and environmental fees plus customary closing costs, including title, escrow, documentation fees and may be responsible for any bank fees including bridge loan, construction loan, and packaging fees.