Asset Based Lending
Flexible financing for strategic and growth needs
You need an asset-based lending program that takes all your organization’s needs and goals into account. KeyBank experts draw on years of experience in your industry to create a financing package uniquely suited to your business and situation.
A corporation’s tangible assets can do more than perform their primary business function; an asset can also work on behalf of the balance sheet. The flexibility of an asset-based financing structure can be particularly relevant to those companies that are unable to maximize funding from its assets in a traditional lending structure. This specialty product is particularly relevant to high growth companies, seasonal businesses, turnaround situations and commodity-type businesses. This applies to a wide-range of company sizes in industries where working capital assets dominate the balance sheet (manufacturers, distributors, wholesalers, retailers and business services, for example).
Can your assets work for you?
From revolving credit facilities to senior term loans, Key has both the expertise and financial strength to help companies with funding needs more than $5 million. We can provide solutions at competitive interest rates to help companies refinance existing debt, fuel growth, fund M&A, and increase liquidity during a business restructuring, turnaround or recapitalization.
Asset-based lending is a particularly relevant solution for many companies in the following industries:
- Metal related businesses
- Mining (Metallurgical Coal)
- Retail: Textiles; Automotive Parts
- Food Related: Services and Manufacturing
- Building Products and Services
- Chemical Companies
- Technology Services
- Human Resource Services
Products & Services
Asset-based loans can take on many forms. The lending products that have helped our clients the most include:
- Secured revolving credit facility against working capital assets
- Short-term over-advance facilities for seasonal businesses
- Secured term loan facilities to support long-term assets
- Senior stretch term loans to support bridge financing