Asset Based Finance

Asset Based Finance provides businesses with immediate cash flow, based on a percentage of value of the company’s assets such as AR, inventory, and equipment. Prime Commercial Lending can then offer a revolving line of credit based on the percentage of a company’s assets.

Why use Asset Based Financing?

Prime’s Asset based lending is quick to provide the funding business owners need, when they need it. Capital from asset based finance can support companies through growth, acquisitions, and reconstructions. Asset based financing is generally more flexible than traditional financing because the borrower only pay interest on the amount of funding they draw, which can make it more cost effective than traditional loans as well. Asset based lending is ideal for companies looking for a quick and flexible financing option, when a traditional loan is difficult to obtain.

See more on Prime Commercial Lending’s Asset Based Lines Of Credit Program.

 

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