Asset-Based Lending (ABL)

Meet your busines financing needs by turning company assets into working capital.

Webster Business Credit provides one-stop, asset-based loans, including seasonal over advances and a cash-flow component, to mid-sized companies located throughout the northeast.


Asset-Based Lending Transaction:

$3 million - $50 million.

Asset-Based Loans Offered:
  • Working Capital Financing
  • Import / Export Financing
  • Growth Financing
  • DIP Financing
  • Term Loan Financing
  • Emergence Financing
  • Employee Stock Ownership Plan (ESOP)
Industries Served
  • Manufacturing
  • Wholesale and Distribution
  • Services
Advance Rate
  • Up to 85% on accounts receivables
  • Up to 65% on inventory
  • Up to 80% on machinery and equipment (orderly liquidation value)
  • Up to 70% on real estate (fair market value)
  • Between 80% - 100% against the Qualified Replacement Property (QRP's)
  • Cash-flow component based on historical and projected financial performance
Terms
  • Five to seven years on machinery and equipment
  • Five to seven years on capital expenditures
  • Five to fifteen years on real estate
  • Two years on cash-flow component
Why choose Webster Business Credit?
  • Flat organization with senior management accessibility.
  • Competitive rates with Prime and LIBOR options.*
  • Structures tailored to customers’ needs.
  • Willingness to provide financing against non-traditional assets – and with a cash flow component.
  • Long-term financial relationships.
  • Cash management services.

Disclaimer

* "Prime" is the base commercial lending rate of Webster Bank as publicly announced by it from time to time. "LIBOR" is an interest rate fixed for a specific period based on the London interbank offering rate then available to Webster Bank, subject to reserve and similar requirements.

Webster Business Credit Corporation is a subsidiary of Webster Bank, N.A. Member FDIC. Equal Housing Lender. The Webster Symbol and Webster Business Credit are service marks of Webster Financial Corporation. Webster is registered in the U.S. Patent and Trademark Office.

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