Asset Based Lending
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GillmanBagley Provides Solutions
Our asset-based lending solutions are designed to help businesses leverage multiple asset classes to generate balance sheet liquidity. The core asset that we require for every financing facility is commercial accounts receivable. In addition to accounts receivable our team will consider equipment and machinery, inventory, and real estate as collateral. Our approach is to understand each transaction deeply and work hand in hand with our partners to provide terms and structures that meet the financing needs of our clients.
Our Differentiation
- Creative deal structuring
- Customer service
- Transparent and honest feedback
- Efficient proposals with thought-out terms and structures
- Direct points of contact with credit members and final decision makers
Our Clients
- Businesses that sell to other businesses on credit terms
- Monthly revenues greater than $50,000
- Financing needs not being met with current cashflow or by an existing lender.
- Companies with asset rich balance sheets
Industries
- Government Contractors
- Service Providers
- Manufacturing
- Wholesale and Distribution
- Transportation and Logistics
- Suppliers
- Janitorial Services
- Machine Shops
- Staffing
- Technology/IT
- Printing
- Food Services
- Consulting
- SaaS
- Security Services
- Property Management
Ideal Scenarios
- High growth situations
- Restructurings & turnarounds
- M&A transactions
Use of Funds
- Refinancing existing debt
- Payroll expenses
- Managing seasonal demands
- Business reinvestment
- Marketing and advertising
- Inventory & supply purchases
- New equipment purchases
- Vendor payments
Underwriting
What we need to get started
- Complete One Page Application
- Current Detailed A/R Aging
- Prior Year and YTD Financial Statements (P&L + Balance Sheet)
- Deal dependent requests that are based on the story of the business, the industry, company size and company specific details.
- List of Business Assets
GillmanBagley ABL Underwriting
What we need to get started
- Complete One Page Application
- Current Detailed A/R Aging
- Prior Year and YTD Financial Statements (P&L + Balance Sheet)
- Deal dependent requests that are based on the story of the business, the industry, company size and company specific details.
- List of Business Assets
Our Review
With an initial due diligence list we can provide feedback in less than 24 hours
Our proposals are generated within 48 hours of a full package review
Closing as early as 1 week
Our Terms and Structures
| Credit Structure | Revolving Line of Credit | ||
| Transaction Limits | $50,000 – $10,000,000 | ||
| Collateral | Accounts Receivable | ||
| Advance Formula | Up to 90% of eligible Accounts Receivable Up to 50% of eligible Inventory Up to 65% of eligible M&E |
||
| Advance Frequency | Daily or Weekly | ||
| Contract Length | None | ||
| Minimum Utilization | None | ||
| Credit Structure | Revolving Line of Credit | ||
| Transaction Limits | $50,000 – $10,000,000 | ||
| Collateral | Accounts Receivable | ||
| Advance Formula | Up to 90% of eligible Accounts Receivable Up to 50% of eligible Inventory Up to 65% of eligible M&E |
||
| Advance Frequency | Daily or Weekly | ||
| Contract Length | None | ||
| Minimum Utilization | None | ||