Use your company’s assets to secure additional funding when you work with the bankers at California Bank & Trust. With asset-based financing, you can leverage assets such as accounts receivables and inventory to help extend your borrowing ability, compete more effectively in global markets and take advantage of growth opportunities.
With asset-based credit lines starting at $1 million, this customized financing program can help you:
- Optimize working capital to your best advantage
- Support growth through seasonal and cyclical periods
- Fund operating expenses, inventory acquisition, and other short-term borrowing demands
- Gain flexibility, using your line of credit only as needed with full control over how you use and pay it back
Under an asset-based financing solution, you pay interest only on the funds you’ve drawn, at rates that are generally less expensive than a term loan. Ask about structuring an asset-based program that is cost-effective and can give you a competitive edge.