Asset Based Lending
Need capital? Tap into your company’s assets to get the liquidity you need.
Affinity Can Provide You with Funding using Asset Based Lending
Many of our clients are looking to grow and require new equipment. This can include large heavy machinery and manufacturing to printing equipment, computers, microbreweries, farming equipment and more.
Whatever your needs, when you are ready to grow, we are here to help. Put the experts at Affinity to work for you.
What is Asset-Based Lending?
Asset-based lending (ABL) is a form of financing available to a wide range of businesses. It is a great alternative to traditional bank loans which are not tailored for most small businesses.
With asset-based lending, we are able to provide funding secured by assets within your organization. These can include accounts receivable, real estate, inventory, machinery, equipment, and other assets.
We offer flexible terms and work with you to get you the capital you need to grow your business.
3 Ways We Help
How Our Asset Based Lending Program Works
At Affinity, we work with you to identify assets that can be used to secure loans on terms that your business can use. Every business is different and has unique requirements. Our professionals have experience with companies like yours and others in a range of industries. Using that expertise, we can tailor a custom financing solution for you.
Experienced Funding Team Delivers Results
Our expert staff understands the challenges that businesses face. We deal with hard-working and growing companies every day. We understand that time means money and we work hard to get the job done for you.
We will work with you to identify the assets, ascertain the value and how much can be advanced to you. This may be offered as a lump sum or as a line of credit, depending upon your needs.
We will structure this in a way that delivers funding at competitive rates, as well as providing a structure with a flexible term to help you meet your immediate goals.
Affinity Beyond Capital Can Provide Asset Based Lending Quickly
Traditional bank loans can take months to obtain. They also may not grant you a loan at all if you do not have the traditional collateral they require. In contrast, we are are able to turn around funding in as quickly as one day.
How often have you missed an opportunity as a result of not having enough financing available to you?
Have you encountered issues with delinquent clients who hurt the cash flow in your business?
Are you looking at a tremendous opportunity to acquire a new client or absorb another company, but lack the liquidity to do so?
We understand what it takes to get you funded. Asset-based funding can make this process easier. Our objective is to provide funding for every fundable opportunity. Our organization succeeds when you get the funding you need, we are working with you.
Complete our online application or call our specialists at 833-234-6489 and let’s find out how our experts can help give you the lending product you need to continue growing your business.
The Funding Process at Affinity
Apply on the web using our straightforward application or talk with one of our associates. To become eligible, your business needs to have already been in business not less than three months with gross recurring revenue for at least $8,000. With ABL, you need to have the assets available to secure your funding.
Obtain a Decision Fast
Contrary to conventional banking institutions, we are able to take on funding fast. Most decisions are made within just one day.
Receive Your Funding
All financing involves an application as well as proof of your company’s last three months of bank statements. Once all of the information is obtained and approved, you can receive your funding in as quickly as 24 hours.
6 Great Reasons to Use Affinity Beyond Capital
We're frequently asked why people need to use Affinity as their best source for funding in their business, not only right now but in the future as well. Have a look at some of the reasons why:
Ways You Can Use Asset Based Lending
Our clients come to us looking for asset-based lending for a number of purposes, including: