Seacoast Business Funding is dedicated to providing companies with funding solutions that best support their business model. Our exceptional service combined with our knowledge of the industry allows us to deliver a reliable solution to our clients. See how we have helped businesses overcome their working capital challenges.
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Asset-Based Lending provides working capital as a structured revolving line of credit based on a percentage of the value of the company’s assets**, such as commercial accounts receivables, inventory, machinery and equipment.
The borrowing base for ABL facilities can be up to 90% on commercial accounts receivables and up to 50% on inventory and machinery.
**Commercial Accounts Receivables should comprise the largest percentage of the combined assets.
