This months "Did you Know"

Asset- Based Loans expand with your growing sales pipeline.

Fund Inventory with Raw Material Inventory Financing: With ABL, you can finance inventory you already have on hand or draw against inventory you haven't purchased yet to buy the raw materials you need to fulfill that big order without depleting cash.

Increase Borrowing Base on Receivables: As soon as that order is shipped and invoiced, your borrowing base grows. There's no need to sit around for 30 or 60 days until your customer pays to start your next operating cycle.

Unlimited Capacity to Grow:

When your line of credit is based on the actual value of Accounts Receivable, Inventory and Equipment, there is no ceiling on how much you can grow. As sales increase, so does your capital. The Bottom Line: Don't watch your company lose opportunities or market share just because your bank won't allow your credit limit to grow with your sales. When your business - or a business you advise - is experiencing a cash crisis because of good news (unexpected growth and incoming orders), asset-based lending can give your business the breathing room it needs to confidently say "YES" to every new opportunity.