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Overview


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 small-cap and mid-cap firms in industries where working capital assets dominate the balance sheet (manufacturers, distributors, wholesalers, retailers and business services, for example). In 2016, KeyBank’s Business Capital team raised more than $3 Billion in asset-based financing and Debt Capital Markets for our clients.

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 assets valued at more than $5 million. We can help companies to increase working capital at a reduced interest rate, refinance existing debt, fuel growth, fund M&A, and to increase liquidity during business restructuring, turnaround or recapitalization.

Recent Deals

Recent asset-based lending deals provided by KeyBank Business Capital have assisted businesses of a variety of sizes and in multiple industries and locations. Recent examples in this PDF include:

  • Key successfully closed a five-year $100 million Senior Secured ABL Revolving Credit Facility for Associated Asphalt Partners, LLC. Key acted as Left Lead Arranger, Joint Bookrunner and Administrative Agent in this transaction.
  • Key was Sole Lender for a $40 Million senior secured credit facility for SIFCO Industries.
  • Key successfully closed on a $10 Million senior secured asset based revolving credit facility to The Worth Collection, LTD. KeyBank acted as Sole Lead Arranger and Administrative Agent.
  • Key acted as Sole Lender for a $10 Million senior secured revolving credit facility for Ed Map, Inc. and its affiliates.

Industries

Asset-based lending is a particularly relevant solution for many companies in the following industries:

  • Manufacturers
  • Distributors
  • Wholesalers
  • Retailers
  • Business 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
  • Short-term over-advance facilities
  • Secured term loan facilities
  • Senior stretch term loans

Contact Us

Banking products and services are offered by KeyBank National Association. All credit, loan and leasing products subject to credit approval. Key.com is a federally registered service mark of KeyCorp. ©2016 KeyCorp. KeyBank is Member FDIC

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