Asset based lenders and bank ABL desks lend it. They look at receivable quality, inventory and your reporting. 122 lenders offer asset based lending across the US and Canada, usually from $250k to $50M. Last checked Nov 1, 2026.
Asset based lenders, bank ABL desks and private credit funds make revolving lines sized to your receivables, inventory and sometimes equipment rather than your earnings alone. They suit businesses with large working assets and uneven, fast growing or recovering profits. The lender sets a borrowing base with an advance rate for each asset class, then checks it often. Expect a field exam, an inventory appraisal, a receivables aging and monthly borrowing base reporting once the line is open.
Read the guide: Asset based lending: borrowing against inventory, receivables and equipment5 min
Independent asset based lenders, the ABL desks of larger banks and private credit funds for bigger facilities.
Receivables owed by creditworthy customers, inventory with a clear liquidation value, clean books and the ability to report the borrowing base every month.
Entries start from public records. Standing rises as the lender claims its entry, adds its loan officers and verifies its details.
122 today, with 15 loan officers who work at them, across the US and Canada. Any lender can claim its entry and correct its details.
