Asset Based Lending is a solution for businesses or companies with needs that lie outside of what traditional banks and finance options can offer. Asset-based lending is a secure loan process that is based on your assets. It gives you the ability to finance based on the assets you have in order to gain the working capital you need.
Many companies turn to asset-based lending when they are in tough financial situations such as seasonal demands, quick growth, economic hardships, plant turnarounds, etc. Many traditional financing options can be restrictive and non-customizable, but asset-based lending gives your company the flexibility and freedom it needs to grow.
"Troy Financial was there for us in time of need for a CAPEX on our equipment needs. Thank you to the staff and level of professionalism in which they handled this timely purchase."
Tommy, International Aviation Executive
(Greater Atlanta Area)