Asset Based Lending

Access capital through flexible, revolving business lines of credit from Hancock Whitney Business Capital.

Increase borrowing capacity

Improve efficiency around accounts receivables and production

Enjoy flexibility with customized lending solutions and terms

Freedom to grow and scale with fewer debt covenants

What is Asset Based Lending?

Asset Based Lending provides revolving business lines of credit secured by your company’s assets, with the amount of credit determined by the quality and value of your collateral.

Benefits of Asset Based Lending

Because your company’s assets are used as collateral, Asset Based Lending can provide greater flexibility and freedom than a traditional term loan. Fewer covenants and customized loan terms allow companies to operate, grow and scale freely and efficiently. Collateral for Asset Based Lending can include assets ranging from accounts receivable and inventory to equipment and real estate.

Midsized and large companies of all types use Asset Based Lending for a variety of purposes:

Working capital financing
Business mergers or acquisitions
Dividend recapitalization
Capital expenditures
Business renewals
Refinancing
Financial restructuring

Is Asset Based Lending right for your business?

Asset Based Lending is best suited for asset-rich companies with unpredictable cash flow which require capital to provide stability for continued operation and growth. Companies that would most benefit from Asset Based Lending may include:

Companies in the manufacturing, wholesale/distribution and specialty lender finance industries whose working capital borrowing needs are in excess of $5 million and who are mostly headquartered in the southern regions of the U.S.
Companies with high working capital requirements due to seasonality
Companies with high growth (either organic or via acquisition)
Privately owned, sponsor owned or publicly listed companies
Companies in more cyclical, lower margin or asset rich sectors, with focus on collateral and underlying liquidity
Companies undertaking a turnaround or require restructuring of existing funding arrangements
Companies with a requirement for revolving credit to work alongside other debt structures

Grow and scale your business with flexible access to capital

Our Asset Based Lending team has the expertise to understand your company’s unique needs and customize an asset based lending credit facility for you. Contact us today.