Asset Based Lending
Asset Based Lending products help us underwrite some commercial organizations that are slightly beyond the scope of traditional credit analysis. In short..SLS is able to consider the asset value of the collateral or leased equipment in addition to the financial strength of the borrower / lessee.
Our ABL Express and ABL Commercial lending programs can accommodate many businesses’ needs. We offer competitive risk-based fixed rates, flexible payment plans, fast credit decisions and a ‘customer first’ business philosophy … benefits that we hope will keep our customers for the long haul.
There are a wide variety of asset classes considered by SLS in our ABL programs. Equipment, Residential Real Estate for the Rehabilitation Professional, Accounts Receivable, Inventory, Commercial Real Estate and others. For our customers, Asset Based Borrowing has advantages that may add up to extra financial power.
- Valuable lines of credit remain free for other uses allowing you to invest appropriately in systems and technological / industrial infrastructure.
- Financing provides a predictable, fixed payment plan for meeting current and future equipment needs.