Asset Based Lending
Asset Based Lending (ABL) is a highly-effective mechanism
providing you with ongoing financing to meet the general working
capital needs of your company. This financing mechanism is a revolving
line of credit with cash advances tied to a company's accounts receivable
(A/R) and inventory.
Under the ABL arrangement, as you need cash advances,
a simple report is submitted to CDF listing your current receivable
and inventory balances. Based on that report, the requested cash
advance is wired directly to your bank account. You repay the ABL
loan as you receive collections from your customers and remit those
collections to CDF.
ABL provides customized financial leverage to help
your company achieve its growth potential and maximize its profitability.
ABL is particularly well suited for companies seeking working capital
financing for growth, seasonal needs or acquisitions.
Higher Advance Rates
CDF specializes in lending only to industries where
we have years of experience. As a result, our long-term relationships
and arrangements with manufacturers and distributors allow CDF to
provide up to 100% financing on inventories, as well as aggressive
advances on accounts receivable.
Higher Overall Lines of
Credit
CDF looks at not only a company's financial statements
but also their management experience and the uniqueness and value
of their inventories and accounts receivable. As a result, we are
consistently able to provide larger overall lines of credit than
our competitors.
Lower Borrowing Costs
CDF is consistently able to reduce the costs of a
customer's borrowing under their existing line of credit.
CDF understands and is committed to our customers'
industries. If your company is either a manufacturer or distributor
in one of the industries we serve with annual sales in excess of
$5,000,000, please contact Sue Steel at CDF to discuss how to
put our innovation to work for you.
Dave Campbell
P: (770) 850-4025
david.C1@ge.com
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