Maurice
Posted: January 27, 2020

Amount:

No fixed amount

Type of Program:

Loan


Description:

An Asset-Based Loan (ABL) is a revolving loan based upon the total realizable value of accounts receivable, inventory, machinery and equipment. This type of loan functions much like an operating line of credit; however, collections are deposited into an account under the lender's control. Funds are allocated based upon closely monitored collateral. Financing up to $20 million.


When It Ends:

Ongoing

Deadline:

Rolling deadline

Program Contact:

Asset-based lending (ABL): fast, flexible business finance
844-932-9940
financingcanada@accordfinancial.com

About the author 

Maurice

Maurice (Moe) Muise learned the ins-and-outs of government while an employee of the Government of Canada in Ottawa for 10 years. His current focus is helping small businesses in Ontario to identify and maximize government grants to grow their business.
Click here to learn more about Moe's background and how he can help your business.

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