WIN-WIN CAPITAL FUNDINGBridging Capital • Building Success
Asset-based lending

Restructuring: reset the capital structure

Replace expensive layers of debt and give the business one flexible senior facility.

Revolver + termStructure
CollateralFirst
3 – 6 wksTypical close
All 50States
Use case

Restructuring with asset-based lending

Restructuring with ABL consolidates term loans, MCAs, equipment notes and vendor debt into one facility secured by your assets, often lowering the cost of capital and simplifying reporting.

Because availability comes from your receivables, inventory, equipment and real estate, the facility can be sized to the plan, not just to last year's earnings.

Best for

  • Companies with several expensive debt layers
  • Businesses with stretched vendors
  • Owners preparing for a sale or recapitalization
Questions

Asset-based lending FAQ

What is asset-based lending?

A revolving line of credit, often paired with term loans, secured by your business assets: accounts receivable, chattel paper, inventory, machinery and equipment, and real estate. Availability is set by a borrowing base that moves with those assets.

How is ABL different from a bank line?

Banks lend mainly on cash flow and covenants. Asset-based lenders lend on collateral, so they can fund companies with losses, uneven earnings, fast growth or a leveraged balance sheet.

What advance rates are typical?

Commonly up to 80–90% of eligible receivables, up to 50–65% of inventory at net orderly liquidation value, and up to 75–85% of equipment at orderly liquidation value, set facility by facility.

How fast can an ABL close?

Typically 3–6 weeks from term sheet, including field exam and appraisals; non-bank lenders often move faster than banks.

What reporting is required?

Usually a monthly or weekly borrowing base certificate with A/R and A/P agings and inventory reports, plus periodic field exams.

Can a company with losses qualify?

Yes. Asset-based lenders focus on collateral quality and a credible plan, which is why ABL is common in turnarounds.

Discuss your scenario

Rather talk it through first?

Skip the full application. Tell us what you need in a few words and an account executive will call you back with options.

  • No application, no credit pull
  • A real account executive, not a call center
  • Usually a call back within one business day
Prefer to call? (210) 702-8811
Next step

Talk through your restructuring.

Start the application and we'll come back with how lenders would size it.

Start the application

Commercial financing is arranged through Win-Win Capital Funding's network of banks, equipment lessors and asset-based lenders. Rates, terms, advance rates and amounts depend on credit, time in business, revenue, collateral and the equipment, and all financing is subject to credit approval and documentation. Tax treatment varies; consult your tax advisor. This is not a commitment to lend.