SalemBridge Advisors

P: 646-926-4391

F: 646-304-9221
info@salembridgecapital.comm

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SalemBridge Investments, LLC dba SalemBridge Advisors is not a licensed securities dealer, broker or US investment adviser, or certified public accountant. None of the information contained herein constitutes a solicitation for any purpose in any form or content, nor an offer to sell and/or buy securities and or properties. Any completed transaction is strictly one of private placement, and is in no way relying upon, or relating to the United States of America Securities act of 1933, as amended, or related regulations. Merely describing the details of an existing private placement program does not constitute an offer or solicitation of any kind and, if presented, is done so as a request for information.

 

SalemBridge Advisors is in the business of commercial business consulting. SalemBridge Advisors makes no warranties or representations whatsoever. All due diligence is the responsibility of the Borrower, the Correspondent and the Lender.

ASSET-BASED LENDING

accounts receivable loans,receivable financing, construction factoring, factoring construction invoices, abl loans for construction companies, loans against commercial real estate, heavy equipment loans, hard asset equipment loans, inventory financing, sale leaseback loans, equipment sale leaseback financing, heavy equipment collateral loans, turnaround capital, distressed abl lending, asset based loans for distressed companies, turnaround asset based lending, asset based line of credit, abl loans, working capital finance, secured business loans, factoring finance

Asset-Based Lending

 

Asset-Based Lending (ABL) is an effective working capital solution when access to traditional bank financing is unavailable. ABL credit facilities can provide businesses with immediate funds and ongoing cash flow in the form of a revolving line of credit based on a percentage of the value of a company's eligible asset classes such as accounts receivable, inventory and machinery & equipment.

Unlike a term loan, you only pay interest on the funds you have drawn down, therefore making it cost-effective and less expensive than a term loan while also enabling greater overall flexibility and avoiding tense covenant restrictions. ABL facilities can be utilized for financing day-to-day operations, turnarounds, recapitalization / restructurings, capital expenditures, M&A or management / shareholder buyouts. 



Transaction Size:  $100,000 to $30,000,000

 

Advance Formula:  Up to 90% advance on eligible accounts receivable. Up to 65% advance on eligible inventory, equipment or R.E.

 

Criteria:  Sectors best suited for an asset-based facility usually come from business services, distribution, finance & insurance, manufacturing, mining, oil & gas, and staffing. Companies with revenues of around $1MM or higher qualify for ABL.

 

Features:  Fast closings - term sheets can be delivered within 2 days or less. Minimal financial covenants. Daily access to credit line. Greater leverage. Custom-tailored towards your company's capital needs.