Asset-based lending
Use your assets to grow your company
This solution is ideal for businesses that are growing, have seasonal needs, or facing a financial bump in the road. Eligible equipment, inventory, and account receivables can serve as collateral for your asset-based loan.
What is asset-based lending?
A reliable source of working capital
With an asset-based loan, you can use your company’s assets as collateral instead of personal assets or cash flow projections. It offers working capital for companies that may be growing, are highly leveraged, or simply need more capital than their current lender is willing to offer.
Why use an asset-based loan?
Do more with the assets you have
Asset-based loans are ideal for businesses that are growing, require working capital, or already receive funding from another lender. Use asset-based lending to hire employees, purchase equipment, make payroll, or invest in new opportunities.
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Key benefits
Invest in technology and tools, equipment, and talent with support from asset-based lending.
*Conditions apply
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Who it helps
Asset-based financing could be right for you if you have high-value assets that can be used as collateral for securing a line of credit. This includes:
- Equipment
- Inventory
- Accounts receivables
Industries
Solutions for Canadian businesses
Many companies use asset-based lending. Contact us to see if it’s right for you.
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Advances in battery storage, microgrids, HVAC, LED lighting, building controls, and other clean technologies are helping companies increase energy efficiency and reduce costs. Our financing solutions allow you to make upgrades without disrupting cash flow.
Explore this industry- Cleantech financing
- Asset-based lending
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Breakthroughs in diagnostics and patient care require healthcare providers to keep pace with new medical equipment and technologies. Our custom financing solutions can help your organization upgrade equipment, resources, and improve services more affordably.
Explore this industry- Operating lease
- Equipment refinancing
- Asset-based lending
- Vendor and broker financing
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Equipment financing offers industrial businesses a more competitive cost of capital, favourable tax benefits, and greater flexibility compared to traditional loan products.
Explore this industry- Operating lease
- Asset-based lending
- Vendor and broker financing
- Equipment refinancing
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Automation and technology innovations are helping businesses work with goods and inventory more efficiently. Our customized financing solutions will help you invest in the material handling equipment and resources needed to take your business forward.
Explore this industry- Operating lease
- Asset-based lending
- Equipment refinancing
