Asset-Based Lending Solutions

Asset-based lending solutions are financing methods that allow businesses to secure a loan using their assets as collateral. These assets include inventory, accounts receivable, equipment, and real estate. Unlike traditional lending options that primarily rely on creditworthiness, asset-based lending from Customers Bank focuses on the value of the assets used as security. This type of financing is particularly useful for businesses that may not have strong credit profiles but have valuable assets that can be leveraged to secure funding.

Customers Bank is a nationally recognized lender that offers a diverse array of credit facilities. We can commit $5 million to $300 million to support our clients’ acquisition and growth financing needs. You’ll appreciate our stability and our team of experienced lenders who understand your business needs.

Why Choose Asset-Based Lending

One of the main advantages of asset-based lending solutions is the flexibility they offer businesses. Unlike traditional loans with strict repayment terms and conditions, asset-based loans can be customized to meet your needs. The loan amount can be based on a percentage of the appraised value of the assets being used as collateral, providing your business with access to larger loan amounts compared to other forms of financing. Additionally, asset-based loans often have more flexible repayment schedules, allowing you to repay the loan over a more extended period.

Another benefit of asset-based lending solutions is that they provide businesses with quick access to capital. Since tangible assets secure the loan, lenders are often more willing to provide financing in less time. This can be crucial for businesses that require immediate cash flow to cover operational expenses or take advantage of growth opportunities. 

In addition, asset-based lending solutions can be a viable option for businesses that have been turned down for traditional bank loans due to their creditworthiness. Banks often require extensive documentation and a strong credit history, which can be challenging for small businesses or those in industries with seasonal or cyclical cash flows. Asset-based lending focuses more on the value of the collateral, making it an accessible financing option for businesses that may not meet traditional lending criteria.

What’s more, asset-based lending solutions can help businesses improve their liquidity and manage cash flow effectively. By using your assets as collateral, you can unlock the value tied up in your inventory or accounts receivable, turning them into cash that can be used to meet immediate financial obligations. This can be particularly beneficial for businesses that experience seasonal fluctuations in sales or have long payment cycles from customers.

Conclusion

By leveraging asset-based lending solutions from Customers Bank, businesses enjoy flexibility in loan amounts and repayment schedules, quick access to capital, and improved liquidity and cash flow management that can help your business grow and thrive in today’s competitive market. Contact our experienced bankers to explore our solutions.