Asset-Based Lending

To speak with an asset-based lending expert, call 800.200.1208

EMAIL USGET STARTED TODAY

Asset-Based Lending

To speak with an asset-based lending expert, call 800.200.1208

GET STARTED TODAY

WORKING CAPITAL TAILORED TO YOU

With lower reporting requirements, SLR Business Credit’s Asset-Based Loans use a borrowing base to manage the collateral. Asset-Based Lending gives you the freedom to increase your cash flow by borrowing against a pool of your assets – and because of your healthy financial status, we don’t monitor your every move.

WHAT IS ASSET-BASED LENDING OR AN ASSET-BASED LOAN?

Asset-based lending (ABL) is a business loan secured by collateral, or assets. The loan is secured by accounts receivable, inventory, equipment, and/or commercial real estate. ABL finance is typically structured as a revolving line of credit, which allows a company to borrow against assets on a continuing basis to cover investments or expenses as required.

QUALIFYING FOR ABL FINANCE OR FINANCING

Also known as ABL Financing or Finance, companies can utilize asset lending to maximize borrowing capacity. ABL financing can be used for strategic growth, to add new business, or to expand into new markets. To qualify for asset-based financing, it is generally required that the company is both stable and has assets that can be financed.

GET STARTED WITH AN ASSET-BASED LOAN TODAY!

Many banks and other banking institutions have regulatory restrictions and require you to complete lengthy paperwork before you even begin. SLR Business Credit is adept at making the process as simple as possible so you can get the cash flow to grow your business now. Get started on Asset-Based Lending, today.

ABL Highlights:

Minimal reporting requirements

Custom mix of assets

Low interest rate

WE OFFER

  • Credit lines ranging from $1 million — $250 million
  • No financial covenants, and contract terms from 6 months
  • Accounts receivable management and reporting
  • Assistance with customer credit limits and soft-touch collection calls, if desired
  • Online access to reports and check copies

ASSET-BASED FINANCING

Borrowers share some common characteristics. Typically, they:

  • Are service providers, manufacturers or wholesale distributors
  • Are located in the United States
  • Are often marginally profitable or losing money; could be in, or emerging from, bankruptcy
  • May have a challenged balance sheet and reflect a negative tangible net worth
  • Might be in an asset recovery department of a bank or on an “exit” strategy
  • Want to establish a relationship with a knowledgeable and flexible lender

SLR Business Credit moves quickly, with confidence, to provide your financing. We lend on a custom mix of assets, without regulatory restrictions, to meet your cash flow needs today.

Quotes
Hear From Our Clients
“Our experience with North Mill Capital has been fantastic. They have been very responsive and understanding of our needs as a growing business. Our partnership will allow us to take our business to the next level. Everyone at North Mill has been professional, courteous, and a pleasure to work with.”

Mark Kingsley, Owner, 203 Trading LLC

Helping businesses find the right partner is challenging. SLR’s communication, pricing, and support was exceptional. I knew they were the right fit for my customer when their actions showcased true care for my customer’s long-term success. I look forward to continuing our collaborative relationship!

Ryan Ard, Chief Executive Officer, ARD Enterprise

SLR has been instrumental in expanding our capabilities and enhancing the way we do business. Their support has enabled us to reach new clients, strengthen relationships with existing partners, and streamline operations in ways that directly contribute to our growth. By helping us save on interest and improve financial efficiency, SLRBC has proven to be not just a service provider, but a trusted and valuable partner committed to our long-term success.

Nicole Newsom, Chief Executive Officer, Certified Organic Direct

The SLR Business Credit team's experience in our industry was apparent, as they were very understanding of our business needs. They were also extremely efficient and helpful throughout the refinancing process. We believe they will be a great financial partner.

Scott Blake, CEO, Copper River Seafoods

SLR Business Credit was able to quickly understand our financial needs and get up to speed with our industry during a very volatile period. Their approach was responsive, thorough and thoughtful.”

Jason Zilles, CFO, Gordon Lumber

We needed financing as our bank decided to exit the ABL market. We were contacted by North Mill Capital. They were able to close our loan within 3 weeks. We repaid the bank and obtained additional working capital through a revolving line of credit and term facility. I highly recommend them.”

Bill Goodman, President, Industrial Rivet

We wanted a financing partner that understood the packaging industry and one that could offer a credit facility that made sense for our company “The SLR experience coupled with their thoughtful approach and execution speed created a great working collaboration.”

Caroline Cornejo-Chapa, CEO, Innovative Packaging Solutions

We were looking for a lender that had staffing experience and that could be flexible with our lending needs. SLRBC designed an aggressive and flexible lending facility that matched all the key points we were looking for. The entire closing process was very easy, and we got it done quickly. I cannot say enough good things about SLRBC and their team.”

Jim Radvany, CFO, Lyneer Staffing Solutions

We are very excited about our new financing relationship with North Mill. During the due diligence process, North Mill invested the time and effort in getting to know our company, our industry, and to understand our financing needs. As a result, they were able to tailor a product specific to the needs of our company providing us with the necessary capital to execute our business plan.”

Trae Sellers, EVP of Finance, OneTouch Direct

North Mill Capital was very easy to work with and were able to move extremely fast - going from signed term sheet to funding in less than 30 days.”

Neil Wilkin, President & CEO, Optical Cable Corporation

I'm pleased to be working on this deal with SLR. They've been extremely friendly and flexible, meeting all our requirements and promptly overcoming challenges. We look forward to maintaining a long-term relationship with them.”

Dmitri Baranov, CFO, Quantori

We have been delighted with our experience with North Mill Capital. Working with them has been like a breath of fresh air compared to dealing with our prior asset-based lender. They are very responsive and the North Mill operations person we deal with on a day-to-day basis has been incredibly helpful.”

Rick Florsheim, Owner, Rebel Green LLC

This new partnership with SLR Business Credit and Briar Capital gives us the flexibility we need to navigate today’s challenges and continue investing in the health and safety of students, staff, and school communities.”

Rob Rogers, CEO, School Health Corporation

The entire process was seamless, efficient, and transparent, and I am pleased with the support and professionalism demonstrated throughout by the SLR Team. I also greatly value the open access to all levels of management, which allowed for clear communication and swift resolution of any questions or concerns. The terms were clearly outlined, and the team's dedication to ensuring a smooth experience made the process even more rewarding. I look forward to continuing our relationship in the future and we at Southern are grateful for the partnership.”

Anthony Zaccari, CFO, Southern Lifting and Hoisting

We always worked with commercial banks and never had an issue, but we found ourselves in a situation where we were looking for a real solid ABL facility and we became aware of North Mill Capital. I can’t speak more highly of their team. Whenever we had a need, North Mill stepped up. Whatever request we had to make our lives easier from a borrowing capacity perspective, the team stepped up. Everything they’ve said, whatever they’ve committed to us, they delivered. What I like about North Mill is that everyone there knows who you are and what you are trying to accomplish. North Mill Capital has always been very responsive and has always been there for us when we needed them, and I think that’s critical..

Jim Segreto, CFO, SPAR Group, Inc

MORE OPTIONS FOR YOUR BUSINESS

SLR Business Credit’s loans provide a way to get value from your assets, especially when you cannot obtain sufficient bank financing. And your financing can be customized to suit your exact cash flow needs, from the following options: