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Asset-Based Lending

Flexible Financing for Growing, Underserved Businesses

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ASSET-BASED LENDING FEATURES

Get Financing that Can Support Rapid Growth

With an asset-based loan from Celtic Bank, small business owners can tap into cash currently invested in account receivables or inventory to support growth or turnaround objectives. You can borrow up to 75% of the value of your inventory and up to 85% of the value of your accounts receivable with our asset-based financing.  

Designed to give you access to credit that matches your business cycle, an asset-based loan can be easily adjusted to match the ebbs and flows of your company’s assets. This makes asset-based financing one of the most flexible and customizable options to support seasonal businesses or rapid expansion.  

Not only do asset-based loans free up cash flow, but they also typically have more flexible underwriting standards.

  • Floating rates based on WSJ Prime 
  • Up to $10M in loan commitments
  • Maturities from 1 to 10 years, with renewal provisions 
  • Up to 85% of the value of A/R 
  • Up to 75% of the value of inventory
  • Additional servicing fees commensurate w/business profile
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ASSET-BASED LENDING USES

A Business Loan for What You Need—and When You Need It

An asset-based loan gives you greater flexibility than other types of financing. Since the amount of funding is based on your trading assets, the funding can increase as the value of your assets grows. With an asset-based loan from Celtic Bank, you can:

Refinance existing short-term lines of credit  

Raise capital to expand your business 

Purchase inventory 

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