Asset-Based Lending is for companies who are unable to get conventional financing due to corporate underwriting standards of senior leverage, debt coverage; or because they're in seasonal or cyclical industries. We can help.
Asset-Based Lending is a capital solution that allows you to leverage your company's assets.
This collateralized loan option is often well-suited for borrowers with relatively high financial leverage and inconsistent or tight cash flow.
Is Asset-Based Lending right for you?
Huntington's asset based solutions are ideal for financing the following:
- Working Capital
- Management Buyout
- Mergers & Acquisitions
- Seasonal Borrowing Needs
Our Asset-Based Lending Specialists use formula-based advances backed by tangible collateral to create an asset-based loan that is designed to meet your specific needs. We've helped companies in many industries including wholesale, distribution, manufacturing, retail and services. And we're ready to help you.