How Asset Based Lending (ABL) works
Asset Based Lending uses a companies' existing assets such as accounts receivable, inventory, machinery & equipment, or real estate as collateral for loans to increase the amount of financing they qualify for while lowering the fees. This allows companies to access capital needed to operate or grow their business.
ABL options for companies experiencing growth
For some industries, demand is surging due to the changing needs of consumers during the pandemic. Grocers and wholesalers are facing an influx of demand, and industries like outdoor sporting goods are finding more and more consumer interest as people embrace outdoor activities like camping and biking.
For these customers, ABL Revolvers can help finance growth and increase working capital. As demand surges, companies can leverage their accounts receivable or existing inventory to free up working capital for new inventory orders or overhead expenses.
ABL solutions for companies facing new challenges
Companies experiencing economic challenges resulting from the pandemic may want to consider ABL products to help bridge them through these challenging times. Our ABL team is available to help companies explore debt recapitalization and refinancing products to help find the option that works best.
Flexible financing for changing times
TD ABL offers flexible financing products to help your business adapt to ever-changing times. We provide a full range of solutions such as:
- Secured revolving lines of credit
- Term loans
- Letters of credit
- Debtor in Possession (DIP)
- Plan of Reorganization (POR)
Our ABL team takes time to understand your business and its financing team. We'll also bring in other TD partners such as Treasury Management, Equipment Financing and Commercial Real Estate to create the best financing solutions for you. As a highly ranked North American Bank, TD offers a full range of financial products and services. Our dedicated team of financial experts are able to personalize service and carefully tailor financing solutions for your company's needs.
Financial knowledge backed by industry expertise
The ABL team has decades of lending experience in a wide range of industries, including:
- Food, beverage and grocery
- Building Products
- Select services companies
Our experts draw upon their years of experience to provide solutions tailored to your industry.
ABL offers lending options whether your company is flourishing or experiencing a set back
The TD ABL team will take the time to understand your business, structuring a creative, comprehensive and strategic lending approach to support your operating and business strategies. Reach out to learn how TD can help you leverage your assets and maximize liquidity.