What is a standard asset-based line of credit?

Converts short-term assets (such as invoices) in to cash. Very similar to Invoice Financing, the Standard Asset-Based LOC may be a better solution for larger companies, as the cost of borrowing may be substantially lower than costs for Invoice Financing. Note this LOC may not be used for delinquent taxes, floorplanning or the purchase of fixed assets.

The following product has a limit up to $5 million