Sunday, September 05, 2010
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Asset-Based Lending

In addition to "real estate-secured" financing, we offer financing solutions secured by your company's assets when your loan request may not meet your bank's criteria.  

ABL facilities are lines of credit (LOCs) that are formula-based revolving or term loans based on a percentage of the eligible collateral which is generally derived from collateralizing the company’s assets . Collateralized assets typically include Accounts Receivable, Inventory, Machinery & Equipment, and Real Property. 

-- Amounts available:  From $500,000 to $20,000,000

-- Rates: From Prime + 1%  --  Priced on a deal-by-deal basis

-- Fees:  From 1 to 2 points

-- Term:  Evergreen

-- Secured by UCC filing of assets including A/R and/or inventory, machinery, equipment, real property

-- Guarantees:  Personal guarantees generally required

Please call (800) 877-7347, toll-free or email:  jimwalter@mortgageplanloans.com

 

In addition to "real estate-secured" financing, we offer financing solutions secured by your company's assets when your loan request may not meet your bank's criteria.  

ABL facilities are lines of credit (LOCs) that are formula-based revolving or term loans based on a percentage of the eligible collateral which is generally derived from collateralizing the company’s assets . Collateralized assets typically include Accounts Receivable, Inventory, Machinery & Equipment, and Real Property. 

-- Amounts available:  From $500,000 to $20,000,000

-- Rates: From Prime + 1%  --  Priced on a deal-by-deal basis

-- Fees:  From 1 to 2 points

-- Term:  Evergreen

-- Secured by UCC filing of assets including A/R and/or inventory, machinery, equipment, real property

-- Guarantees:  Personal guarantees generally required

Please call (800) 877-7347, toll-free or email:  jimwalter@mortgageplanloans.com