Asset-Based Lending offers even greater flexibility than traditional working capital lines of credit for companies with higher growth rates and leverage. Using your business assets, which may include accounts receivable, inventory, and equipment, an Asset-Based Line of Credit can be structured to support your business cash flow or seasonal needs as your business grows through increasing sales, expansion into new products or markets, or mergers and acquisitions. Turn to Citizens Business Bank to provide customized lending solutions tailored to meet the specific needs of your business.
Asset-Based Lending Benefits include:
- Availability of credit to support rapid growth and higher leverage
- Allows you to utilize business assets to obtain more working capital
- Enables you to take purchase discounts which could reduce or offset the cost of credit
- Customized lending solutions based on business cycles, asset mix, and growth objectives
Take advantage of your sales growth and improve profitability with an Asset-Based Loan today. Call us at 888.738.1222888.738.1222 to start.