No fixed amount
Type of Program:
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:
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.