ASSET-BASED LENDING

What are the advantages of an Asset-Based Loan?

Asset-based loans are secured by the assets of a business. Because of that, your credit history isn't as important as the value of your business's accounts receivable and inventory. One of the most important benefits of an asset-based loan is the improved liquidity of the company. For companies that are growing rapidly, the provision of cash flow can financially stabilize a company, help predict cash flow, and level out seasonal revenues.

Firstrust has experienced asset-based lenders who have the flexibility to develop creative loan structures. Plus, all credit decisions and servicing are done at one local location. Firstrust is also a full-service bank, to help you manage the cash flow of your business.