IS ASSET BASED LENDING RIGHT FOR YOU?
At SouthStar Capital, we are dedicated to structuring a financing package that benefits your company today and in the future. SouthStar can provide a custom financing solution involving Asset Based Lending.
In thinking about whether an Asset Based Line of Credit is the right solution for obtaining working capital for your business, ask yourself the following questions:
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- Do you have Accounts Receivable, Equipment, and Inventory that could be used for a credit facility?
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- Is your business in growth mode?
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- Do you need a line of credit larger than your current line?
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- Do you need additional working capital beyond what you currently have at your disposal?
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- Have you been turned down by a bank for financing?
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- Would you like a line of credit that you could draw on at your convenience?
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- Do you have marginal profitability or are coming out of recent losses, with collateral you can monetize?
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- Do you want a line of credit that is flexible and able to meet your demands and allow your business to grow?
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- Do you need more than 100K a month?
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- Do you have a full-time accounting department?
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- Do you have Accounts Receivable, Equipment, and Inventory that could be used for a credit facility?
-
- Is your business in growth mode?
-
- Do you need a line of credit larger than your current line?
-
- Do you need additional working capital beyond what you currently have at your disposal?
-
- Have you been turned down by a bank for financing?
-
- Would you like a line of credit that you could draw on at your convenience?
-
- Do you have marginal profitability or are coming out of recent losses, with collateral you can monetize?
-
- Do you want a line of credit that is flexible and able to meet your demands and allow your business to grow?
-
- Do you need more than 100K a month?
-
- Do you have a full-time accounting department?
If the answer to one or more of the above questions is YES and your business has accounts receivable or equity in your equipment or inventory, then you are a candidate for an Asset Based Line of Credit.
Asset Based Lending allows you to borrow a percentage of your accounts receivable, equipment, and inventory. All or one of these assets may be utilized in an Asset Based Line of Credit.
Find out what our clients are saying about Asset Based Lending with SouthStar Capital. Plus, real life success stories on business growth with Asset Based Lending.
Learn how Asset Based Lending works, what it is, and the advantage of working with SouthStar Capital.
Find out the key differences that set Asset Based Lending apart from Bank Financing.
“We approached SouthStar because our accountant highly recommended them, but we expected a turn down as we were behind with the IRS. To our surprise, SouthStar assisted in structuring a payment plan with the IRS and offered us a Receivables Line!”
– Richard, Owner of an IT Staffing Company