Asset-based lending meets clients' working capital needs by offering innovative structures that reduce funding costs and lower operational risks while improving earnings by leveraging accounts receivable, inventory, marketable securities, and property, plant and equipment as collateral. Our products include working capital, growth capital, acquisition, debt refinancing, recapitalization and restructuring.  Asset-based lending occurs when a loan is granted primarily on the value of the assets the borrower offers as security (collateral). The terms of an asset-based loan depend on the type of asset being pledged. This loans tend to have higher loan-to-value ratios, lower interest rates and more flexible repayment terms. As the loan is secured by an asset, asset-based lending is considered less risky compared to unsecured lending.