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ABL Asset Based Loans

  • Speedy Approval
  • NO Documentation Required
  • Asset Backed Loan Collateral
  • Straightforward Structure
  • Workable Payment Plans
  • Multi-Loan Approval

I've never had better service. Very communicative... I feel like I now have a friend I can ask for help when needed. You now have a customer for a lifetime!

Magda S.Business Owner
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Don’t miss outDon’t miss out! The application with our trusted capital partner takes less than 5 minutes to complete.

What is an Asset Backed Loan?

ABL asset backed lending is the practice of loaning money with the backing of business assets as collateral. Companies looking to maximize their borrowing capacity find an abl loan as an attractive funding option because of it’s typically lower interest rates and higher chance of approval.

Using asset based loans, a company can get access to immediate working capital by putting up assets like accounts receivable, inventory, and equipment. This enables companies to remain liquid and still qualify to receive funding.

Financing secured for our clients

$100,000,000+

Financing secured for our clients

DBusiness we’ve helped grow

10,000+

Business we’ve helped grow

Lending Experience

35 years

Lending Experience

Average funding time

24 hrs

Average funding time

Why Choose an Asset Based Loan?

There are several reasons a business would consider applying for a business loan, especially an asset backed loan, over capital-based lending options. The goal of ABL loans is to turn a company’s assets found on their balance sheet to cash that can be used in other areas of the business and allow overall growth. A business may choose to use an ABL loan to:

  1. Raise capital for business acquisitions
  2. Replace the need for a personal guarantee by pledging collateral
  3. Improve cash flow by refinancing existing debt
  4. Bolster risk mitigation if business cash flow is not adequate to receive a loan
  5. Raise capital to help with purchasing inventory
  6. Handle seasonal or cyclical pressures
Funding new path

Keep Your Business Covered with an ABL Loan

Wisco Capital can get you approved today for an asset backed loan, and anytime you need additional financing, they’re there to help. Their multi-loan approval ensures that they have your back every time.

Collateral Options for ABL Asset Based Lending

There are many different types of collateral options available to a company in need of an ABL loan. But, some collateral options are weighed heavier than others. Here are the common types of collateral that are used to back asset based loans:

Wisco’s Recently Funded Businesses

map

$40K

Working Capital

Transportation Company

$175K

Bridge Loan

Manufacturer

$15K

Merchant Cash Advance

Bar Restaurant

$70K

Line of Credit

PPE Wholesale

Types of Businesses that Benefit from ABL loans

There are other reasons that a business would consider asset based loans. Companies during certain times in their life cycle may also seek out an ABL loan to achieve certain goals.

Ready to Get the Support You Need?

If you’re ready to commit to an ABL loan or are looking for more information, check out our quick and easy online application.