ABL Asset Based Facilities Reinvent The Credit Line : Get In Charge Of

Your Business Credit Line

What Are The Real Benefits Of A Non Ban Business Line Of Credit !
O"#R"I#W $ Infor%ation on the &usiness credit line o'tion in Canada( ABL asset
&ased facilities offer e) &enefits not t)'icall) availa&le in revolving &an lines((
here*s +h) and ho+
Business credit line needs can often fully be satisfied through an , ABL , asset &ased
credit facilities( They are ' non traditional ' in nature only because the sole ' traditional '
solutions is Canadian chartered bank facilities. Yet they deliver on everything you need
and more often than not... more. Let's dig n.
When the Canadian business owner / financial manager thinks of revolving credit
facilities they rarely think ' outside the box ' so they are uite sur!rised to find out from
us that all business assets can be combined into one total borrowing facility that revolves
based on day to day business needs" seasonality" ' bulges ' in sales growth and cash flow
reuirements. #ence the name ' $sset %ased Line of Credit '.
They two issues that immediately need to be table when it comes to focusing on a
business credit reuirement are ' facility si&e ' and the cost. We can clarify and ex!lain the
cost issue very uickly ' $%L costs more (() of the time* but the benefit is unlimited
access to credit needs based on your sales. +t's common knowledge that business
borrowing costs today at the bank level are the lowest in recent history.
%ut , cost, should never be the only factor when it comes to business borrowing ' so
when $%L offers all the ca!ital you need to run /grow your com!any we're suggesting
you listen.
,h" and by the way" have we forgotten to mention that thousands of com!anies actually
cannot ualify for either any" or all of the financing they need at certain critical times.
That alone is a good reason to entertain $sset based lending facilities.
We are not !resenting the $%L solution as the 'be all and end all ' method to finance your
credit line needs" but it clearly is a logical alternative to traditional borrowing. The
s!ectrum of users of ' $%L ' is very large" from start u!s to the largest cor!orations in the
world. -aturally it's those larger cor!orations that re!resent the small !ercentage of
a!!licants that can actually achieve bank or better !ricing.
To ualify for $%L your firm must be able to !roduce regular financials and re!ort on the
current assets in your business in a regular manner ' ty!ically monthly" on occasion even
weekly. That ty!ically is not as bad as you think ' it.s /ust about !roviding regular re!orts
on aged !ayables" receivables" and inventory lists. We suggest to clients that if you can.t
!rovide those re!orts you're in bigger trouble than you think... i fnot today... tomorrow.
$%L business credit lines !rovide (0) financing on $/1" 20'30) finance of inventories"
and even combines the value of your unencumbered fixed assets. $t the end of the day
that sim!ly means anywhere from 40'500) more borrowing !ower on an ongoing basis.
1emember also that this facility" unlike the ty!ical bank line grows as your sales grow"
and is not fixed" which ty!ically is associated with a bank credit line.
+f you're looking to feel ' in charge ' of your working ca!ital and cash flow needs and
want to ex!lore the real benefits of $%L asset based credit lines seek out and s!eak to a
trusted- credi&le and e.'erienced Canadian &usiness Financing Advisor +ith a trac
record of success
who can assist you with your reinvention of credit solutions.
/tan 0roo' ' 1 0ar Avenue Financial :
htt':22+++(1'aravenuefinancial(co%
%usiness financing for Canadian 6irms " s!eciali&ing in working ca!ital" cash flow" asset
based financing " 7ui!ment Leasing " franchise finance and Cdn. Tax Credit 6inance .
6ounded 8009 ' Com!leted in excess of (0 :illion ; of financing for Canadian
cor!orations . +nfo /Contact <
1 0AR3 A"#N4# FINANCIAL 5 CANA6IAN ABL A//#T BA/#6 CR#6IT
LIN# #70#RTI/#
8ave A 9uestion 2Co%%ent On Our Blog Or Canadian Business Financing
Alternatives !
CONTACT:
1 0ar Avenue Financial
=outh =heridan 7xecutive Centre
8(50 =outh =heridan Way
=uite 205
,akville" ,ntario
L>? 3?@
6irect Line A 95> 25( 43>(
Office A (04 @8( 8>42
#%ail A s!roko!B3!arkavenuefinancial.com
, Canadian Business Financing With The Intelligent 4se Of #.'erience ,
/tan 0roo'