Asset Based Lending

LEVERAGE YOUR BUSINESS ASSETS TO INCREASE CASHFLOW

Flexibility, Speed, and Availability

Our asset-based lending (ABL) product structured as a line of credit is the right solution for asset-rich B2B businesses looking to maximize their borrowing capacity for high growth opportunities. Our ABL’s provide custom loan arrangements that are mainly secured against your company’s commercial accounts receivable. With your success being our top priority, our team of underwriters will take a tailored approach to ensure we deliver the most advantageous solution for your business.

 

  • No Credit MinimumsOur approval decisions are heavily based off of your commercial receivables rather than your credit scores
  • Startups WelcomeTime in business is not a factor. B2B companies with paying customers are eligible to apply.
  • Control Your CostDraw from your ABL revolving line of credit when you need it most with same day funding on invoices.
  • Client-centric PhilosophyOur clients are at the heart of our organization, which means your business priorities are our main focus.

At Level Up Funding, we believe in bringing Big Dreams to life by delivering financial solutions that help small-business owners like you meet the many demands of a growing business.

 

ABL Credit Line

$100K - $1.5mm

Payback Term

1 - 3 Years

Collateral

Accounts Receivable

Minimum Utilization

None

Our Process

Due Diligence – within 24 hours

Fill out our online application to provide some basic info about you and your business and attach your Accounts Receivable aging report with financials.

 

Proposal – within 48 hours

After performing our due diligence and collecting a full package which includes a list of all business assets we will generate a proposal.

 

Closing – as early as 1 week

Time is of the essence, and our transparency is key to ensuring you receive access to your line of credit as soon as possible.

How do I get started?

  • Complete Online Application
  • Prepare the the following documents:
    • Detailed A/R with Aging
    • Prior Year’s P&L with Balance Sheet
    • YTD P&L with Balance Sheet
    • Most Recent Tax Returns
    • 3 Months of Bank Statements
  • Receive a decision in less than 24 hours