Asset Based Lending Program
Are you looking for a loan? Are banks giving you a hard time? Do you have a portfolio of listed securities that you wish you could monetize right away, yet not sell them?
If you answer “Yes” to any of the questions above, then you may wish to consider applying for a securitization/asset based loan.
What is Securitization/Asset Based Lending (ABL)
ABL is a viable alternative to conservative banks offering limited programs. It is one of the most successful and most frequently funding program at the moment, especially now. An asset based loan is a loan secured by some type of collateral such as account receivables, inventory, equipment, real estate, machinery, etc.
Asset based lenders play a vital part in financing the economy. Asset based loans are an alternative to traditional bank loans as they serve borrowers with risk characteristics typically outside a bank’s comfort level.
What assets qualify for an ABL
We are currently offering a loan program against listed securities anywhere in the world. Any listed security with a ISIN or a CUSIP qualifies for a loan consideration.
Who qualifies for this ABL program
Individuals and institutions who own listed securities.
How much cash can I borrow from an ABL program
Our Lenders typically loan up to 90% of the value of the listed securities. The amount ranges from USD$1 million upwards.
Term of this ABL program
Generally from 3 years to 10 years, but this can be negotiated on a case-by-case basis.
Fees and Rates
Fees start from 3%, and Rates are based on 90 day Libor (as of 1/18/10: 0.25%) so for example, a variable rate for 3 yrs at Libor+50bps would be an initial rate of 0.75% and a cap at 1.75% over the 3 yrs. These rates are indicative and are not binding.
How do I apply
To apply, simply complete the confidential form below and we will revert to you very shortly.