Liquidity without the demands of traditional bank financing
With an asset-based loan, bank-like covenant packages and positive cash flow are not required. Costs for asset-based loans may be higher than for highly-regulated cash-flow-based loans, but availability of funds and flexibility can be much greater.
Speed and flexibility throughout the life of the loan
Our ability to respond to borrowers’ financing needs quickly is a hallmark of asset-based lending. For some businesses, the lack of bank-like restrictions, the speed, and ongoing flexibility make non-bank asset-based financing a smart choice even when they could obtain a covenant-heavy bank loan.
We lend for a wide variety of purposes
Supporting rapid growth
Real estate finance
Accounts receivable finance
Balance sheet restructuring
Seasonal or cyclical needs
And other uses for capital
When it comes to collateral, we take a very broad viewWhen it comes
to collateral, we take a very broad view
Many asset-based lenders will consider only a few types of collateral. At Mountain Ridge Capital, there are no preset limitations. If an asset has value, we are willing to consider it.
With Mountain Ridge, borrowers may achieve the liquidity their businesses need with less collateral than they thought…or obtain more liquidity than they expected with the assets they have.
- Accounts receivable
- Inventory (including WIP & finished)
- Raw materials
- Machinery & equipment
- Real estate
- Rolling stock
- Intellectual property such as brands
- Company equity
- Non-borrower assets used as guaranty; may include real estate, automobiles, watercraft, art, collectibles, liquid assets
- And more