What is Asset Based Lending?
Triumph Bank’s Asset Based Lending (“ABL”) Division provides working capital financing to businesses with sales generally between $5 million and $250 million. We are positioned to provide cost-effective and flexible financing solutions to growing companies and/or companies in transition. Our products including working capital lines of credit, real estate and equipment term loans, as well as SBA loans. Collectively, our Asset Based Lending team has over a century of Asset Based Lending experience and are looking forward to learning more about how they can help your business grow, prosper and succeed.
Our Pricing Benefits:
- Competitive Prime Rate Based
- Performance Pricing – As the company’s performance improves, the rate adjusts accordingly
- Efficient and Cost-Effective Legal Documentation
- Service and Transportation Companies
- Target Loan Size: $5,000,000 and Up