Asset Based Lending

Offers flexible and cost effective credit facilities leveraging the value of your assets

Get the most of your assets and make your business vision a reality with asset based financing

Asset Based Lending allows you to maximize the financing available from your assets to support your strategic business goals. It offers sizeable credit availability and flexible financial solutions for your business linked to your asset values.

Asset Based Lending could be best suited for your business, if you are:

  • Seeking to improve or grow your working capital
  • Striving towards business expansion and growth
  • Seeking funding for mergers and acquisitions
  • Pursuing optimal financial solutions for restructuring or recapitalizations
  • Looking to support seasonal financing needs

Helps you structure flexible financial solutions to achieve your vision:

  • Suitable for needs of $10 million and up
  • Offers greater credit availability by leveraging your working capital assets, in particular your accounts receivable and inventory
  • Provides cost effective solutions with a reduced interest rate spread
  • Offers committed facility (up to 5 year term) instead of a demand loan
  • Offers greater financial covenant flexibility
  • Allows potential for same day access to liquidity

For specific questions relating to Asset Based Lending, please contact

Andrew Wright

Director, New Business Portfolio

 

Email: andrew.wright@scotiabank.com

Related Banking Solutions

Check out our other lending solutions available for your business needs

Lines of Credit

Get access to extended credit to run your business smoothly

Overdraft Protection

Enjoy the confidence of having access to extra funds for your cash flow needs 

Term Loans

Provides access to long-term capital needs for your business

Equipment Financing & Leasing

Maximize working capital with flexible equipment financing and leasing solutions

Speak to an Asset Based Lending Specialist today