Asset-based lending for Michigan companies
Mid-sized companies across Michigan, especially in automotive manufacturing, machine tools and tooling and furniture, carry significant value in receivables, inventory and equipment. Asset-based lending turns that collateral into a revolving line and term loans sized to the balance sheet, with faster decisions and more flexibility than a traditional bank.
Michigan owners use asset-based facilities to fund acquisitions, finance growth, refinance a bank or merchant cash advances, and support turnarounds and restructurings. We work with companies in Detroit, Grand Rapids, Warren, Sterling Heights, Ann Arbor and Lansing and statewide.
Collateral that builds your borrowing base
- Accounts Receivable Financing: A revolving line secured by your invoices
- Chattel Paper Financing: Borrow against the installment contracts you hold
- Inventory Financing: Capital against finished goods and raw materials
- Machinery & Equipment (M&E) Loans: Term debt against the equipment you own
- Real Estate in the Borrowing Base: Owner-occupied property added to your facility
Asset-based lenders near you
Asset-based lending in Detroit, accounts receivable financing in Grand Rapids, inventory financing in Warren, and ABL lines of credit in Sterling Heights, Ann Arbor and Lansing.