Asset Based

Nurture your business and build with Asset Based Loans!

Intrepid Simplifies Your Access to Capital

Your request for an asset based loan will be evaluated based on the value of your collateral. It also includes your administration team’s experience, aiming to meet your financing needs without imposing labor-intensive financial covenants. It helps you get more financing compared to a traditional bank loan.

Why Streamline your business with our asset based loans?

  • No hidden charges
  • Maximizes and amplifies the growth of your business
  • Fuels the cash flow of your business
  • Provides flexibility for every business purpose
  • Loan structure flexibility

Who could benefit from Assets Based Loans?

Companies that are growing but have a shortage of capital. Compared with other funding sources, asset based loans generally include fewer covenants and come with a lower interest rate. Intrepid is here to assist the seamless business operations with asset based lending.


You Should Consider Asset Based Loans if

  • You just have started out
  • You need more capital
  • You need help with disruption in cashflow
  • You have borrowed a loan against the company’s assets

Do any of the above conditions apply to your business? If yes, get in touch with one of our finance experts and take your business to the next level with asset based loans!!

What working with Intrepid looks like

Boost liquidity and unleash the working capital tied up in your assets.

Intrepid urges small businesses to achieve BIG by providing the capital they need to streamline the business.

Growth in assets such as receivables and inventory contributes to the expansion.

Often few or no covenants limit your growing company.

Your assets support your working capital requirements, and there is no fixed repayment schedule.

Asset Based Loans are ideal for your Company if you have;

The following is the list of Eligibility Criteria for Invoice Factoring:

  • Accounts Receivable
  • Machinery
  • Fixed Assets
  • Inventory
  • Real Estate
  • Trademarks
  • Intellectual Property
  • Patents

What is Secured Collateral in Assets-based Loans (ABL)?

The most common type of collateral against credit facilities is account receivables and inventory. Still, machinery, equipment, real estate, and intangibles (trade names and patents) can also be considered for collateral.

What to choose : Traditional Bank Loans vs. Asset Based loans

An Asset Based Loan (ABL) for asset-rich companies might generate more funds available because financing does not solely rely on future cashflow predictions.

  • Businesses with irregular or interrupted cash flow
  • Good for industries requiring large amounts of capital
  • Suitable for industries with high capital demands
  • Physical assets pledged in favor of the credit facility, such as accounts receivable and inventory
  • The company owns machines, property, and intangibles
  • Physical asset appraisals are needed
  • Often results in lower costs of capital, preserving cash resources
  • There are very few or no covenants
  • Companies with more predictable and regular cash flows
  • Cash flow growth demonstrated by the companies is typically preferred
  • Determine the predictability of cash flows by reviewing the business statements
  • More costly than asset based loans
  • Multiple covenants aren’t unusual

FAQ'S

To qualify for the loan, you need to identify the assets you will offer as collateral and submit any requested documentation by the lender. Drop us a line to get started, and one of our finance experts will get back to you and work on a custom-tailored solution for your business.

The assets could be real estate, inventory, or any item that has value to be collateralized. The most common type of collateral against credit facilities is account receivables and inventory. Still, machinery and equipment, real estate, and intangibles (trade names and patents) can also be considered for collateral.

The different types of Asset Based Loans entail the following;

  • Accounts Receivable Financing
  • Inventory Financing
  • Equipment Financing
  • Real estate Financing

Yes, there are a few points worth mentioning about asset based loans;

  • Compared to unsecured loans and lines of credit, asset based loans are easier to secure.
  • ABL entails fewer covenants.
  • This lending option bears a lower interest rate compared to other funding options.

The different types of Asset Based Loans entail the following;

  • Business-to-business
  • Manufacturers
  • Consumer Products
  • Retailers, Wholesalers
  • IT consulting
  • Transportation services

See how easy it is to partner with Intrepid

Give us a call to see out how we can help.