Asset-Based Finance

An asset-based loan is secured by a company’s account receivable, inventory, and, sometimes, equipment and/or real estate. The lender takes a first priority security interest in those assets financed. Asset based finance offers an alternative to traditional bank lending and often is the best solution to help companies grow organically, restructure, realign or grow through acquisition (leverage buyout).

Financial Solutions has formed an exclusive alliance with Keltic Financial Services LLC, specialists in small to mid-size asset-based finance for companies in the $5 million to $75 million range. If your needs call for asset-based finance, Financial Solutions will work in partnership with Keltic Financial to deliver the most appropriate and advantageous solution for your company. You will work directly with the decision maker for your loan and you will receive a quick turnaround on your request, usually within 48 hours of receiving your financial information.

Financing Needs:
• Working Capital
• Leverage Buyouts
• Refinance Existing Lenders
• DIP (Debtor-in-Possession) Financing

Client Profile:
• Sales of $5-75 mm
• Under Capitalized
• Strained by Rapid Growth
• Turn Around Situations

Industries:
• Manufacturing, Distribution and Service Companies

Advance Rates:
• Up to 85% - Accounts Receivable
• Up to 60% - Inventory
• Up to 75% - Machinery & Equipment

Transaction Profile:
• Multi-year committed facilities of up to three years
• $500,000 - $10,000,000
• Up to $20,000,000 with participation

Business Owner Benefits:
• Deal directly with the Decision Maker
• We will listen to storied credits and provide unique structures
• 48 Hour Turnaround on all requests

Lender Benefits:
• Help Relationship Managers obtain new clients by financing non-bankable transactions.
• Open operating account
• Mitigate credit risk
• Return client to the bank when credit healthy
• Protect from competition
• Help Workout Officers by offering them an alternative to liquidation.
• Deal with 1 decision maker
• Provide unique and creative structures

Contact us today for more information on asset-based lending services and our strategic partnership with Keltic Financial Services LLC.