Asset-based revolvers and term loans
- Published facility range
- $10 million to $100 million, subject to asset eligibility and underwriting.
- Borrower scope
- Public and private US lower-middle-market businesses. Guidelines highlight manufacturing, distribution/wholesale, consumer products and business services/staffing.
- Collateral
- Receivables, inventory, machinery/equipment, real estate and intellectual property are listed; inclusion depends on the facility.
- Revolving availability
- Borrowing availability is based on eligible asset values and collateral-specific advance rates. Draws and reborrowing are subject to the approved borrowing base.
- Structures
- ABL revolvers and term loans, FILO/stretch, split-lien and unitranche facilities are advertised. Obtain a structure-specific term sheet.
- Monitoring
- Product page notes regular asset-value evaluations may be required.
- Pricing and duration
- No universal interest rate, fee schedule or term is published on these pages; request pricing, appraisals, monitoring charges, covenants and maturity.
- Customer and cash controls
- Confirm customer notification, lockbox arrangements, collections control and reporting duties. These terms are not established universally here.
Provider sources: Financing guidelines and amounts · Borrowing base and asset-based structure · Provider ownership and funding
