The Asset Based Line of Credit is a source of funds that can help your company take advantage of strategic opportunities. Based on accounts receivable, or tied to inventory, machinery and equipment that your company already owns. A line of credit helps companies address needs for immediate capital, for projects such as mergers, acquisitions or inventory purchases.
An asset based line of credit typically has a revolving credit limit that fluctuates based on the accounts receivables balances the company has. An advantage of a line of credit is that you’re able to draw on the line of credit at any time, without having to go through more paperwork and waiting time.
With a variety of value added services to offer, our staff is dedicated to delivering for our clients with unparalleled service, advanced technologies, and personalized solutions. This is where the Commerce Point Capital difference can be most notably experienced, finding solutions to complex situations and delivering results quickly and affordably.
Contact our offices today to find out more about Asset Based Credit programs.
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