Asset-Based Financing

Asset based Financing is generally secured by a company's assets. California Bank & Trust (CB&T) can provide Asset-Based Financing for your growing business. You can tap into your assets for working capital to support growth and help fund through seasonal and cyclical periods.

Typically, with Asset-based Financing, the structure is based on mutually agreed upon advance rates on accounts receivables and possibly inventory, to provide additional borrowing capacity to high growth companies. These lines can be rather flexible and normally do not require daily or weekly monitoring of the collateral.

CB&T Asset-Based Financing provides:

• Ability to leverage a borrower's working capital.
• Buyout and recapitalization/growth financing.
• Facilitates paying operating expenses, funding inventory acquisition or other short term borrowing needs.

Benefits to your company:

• Custom-tailored to fit your business needs
• Use your line of credit whenever needed and pay back to increase availability for future use.
• Pay interest only on the funds you've drawn
• Generally less expensive than a term loan
• Cost effective and competitive relative to other financial options