Turn your accounts receivable, inventory and equipment into a working capital facility. Compare asset-based lending offers from multiple lenders.
Check My Eligibility →Asset-based lending (ABL) is a revolving credit facility secured by a business's assets — typically accounts receivable, inventory and equipment. The borrowing base (what you can draw) is calculated from those assets, so a growing business grows its facility automatically.
ABL is used by manufacturers, distributors, wholesalers and service businesses with substantial balance-sheet assets. Facilities commonly run from $250,000 to $10 million and up. Through BidMyCapital you can compare ABL financing options from multiple lenders.
Receivables, inventory and equipment set your credit limit.
New inventory and invoices expand what you can borrow.
Cash from receivable collections repays the drawn balance.
ABL is priced as floating-rate interest (typically prime + 2% to 5%) plus collateral monitoring and audit fees. Total effective costs often land below unsecured alternative lending for borrowers with solid assets.
ABL economics favor meaningful loan sizes.
Receivables, inventory and equipment are appraised and monitored.
Stable businesses with clean financial reporting.
Lenders review collateral, usually monthly.
A revolving line of credit secured by your accounts receivable, inventory and equipment — your borrowing limit grows as your assets grow.
ABL is a facility you draw from while you keep collecting your own receivables. Factoring sells invoices and the funder collects. ABL is usually cheaper and suits larger borrowers.
Accounts receivable, inventory, equipment and sometimes real estate or IP, depending on the lender.
Facilities typically start around $250,000 and can exceed $10 million, advancing 80% to 90% of receivables and 40% to 60% of inventory.
Inventory financing is one component of asset-based lending — a loan or line secured specifically by inventory value.