Asset Based Financing

Cyclical revenue lows and business expansion can reduce liquidity. To maintain adequate funding for working capital needs, companies can use inventory, accounts receivable, machinery and equipment as collateral.

Provident’s Asset Based Lending provides financial flexibility not normally addressed by conventional bank lines of credit. Advances are based on the current value of your assets, expediting the borrowing process and ensuring your company’s unimpeded growth.

For more information on our asset based financing options, contact a Provident lending expert.