Asset Based Lending Near Me

What Is Asset-Based Lending (ABL)?

Asset-based lending (ABL) allows businesses to borrow against tangible assets—like accounts receivable, inventory, machinery, or even real estate—as collateral. These loans often offer quicker access to funds and higher limits than traditional financing because lenders can recover by liquidating assets if needed (Bank of America, accordfinancial.com).

For Canadian businesses, especially in cash-intensive sectors—like construction, manufacturing, or transportation—ABL provides a lifeline when traditional lines of credit fall short.

Why “Near Me” Still Matters

Searching “asset-based lending near me” means looking for lenders who understand your local market, industries, and regulations. Canadian banks (like RBC and CIBC) and national alternative lenders already offer ABL solutions tailored for local economies and industry cycles.

Key Players in Canada You Can Approach Locally

While Mehmi Financial Group (our site) offers asset-based lending solutions directly, here are other notable Canadian institutions actively providing ABL services:

• RBC – Offering ABL to fast-growing or highly leveraged companies through a dedicated team across Canada (RBC Royal Bank)
  
  
• CIBC – Provides customized ABL arrangements secured by receivables, inventory, and fixed assets (CIBC)
  
  
• Scotiabank – Allows businesses to maximize financing by leveraging asset values with flexible structures (Scotiabank)
  
  

These are often accessible through local branches—in cities like Brampton, Toronto, Mississauga, and beyond. Start with a conversation with a Relationship Manager to explore ABL options.

Why ABL Is Especially Useful in Canada Right Now

Recent indicators show that some sectors—like transportation—have seen higher delinquency rates in asset-based loans, driven by economic stress (reuters.com).

That makes working with experienced lenders who understand these risks even more valuable. Canadian banks like RBC and CIBC have well-structured ABL pipelines to support businesses through volatility (RBC Capital Markets).

FAQ: Asset-Based Lending Near Me

1. What businesses qualify?
Mid-to-large firms with receivables, inventory, or equipment collateral, typically with $1M+ annual revenue.

2. How much can I borrow?
Often 60–90% of asset value—hardware dependent.

3. How quickly can I get funds?
ABL tends to offer faster approvals than unsecured facilities, especially with strong documentation.

4. What's required?
Up-to-date financials, inventory aging, accounts receivable reports, and asset valuations.

5. What risks exist?
Lenders may require frequent audits, and liquidation clauses may activate during strict covenants.

6. Should I work with a local bank or a broker?
Local banks offer relationship-driven service; brokers like Mehmi provide flexibility and alternative structures—both have pros depending on your needs.

Case Study: Ontario Manufacturer Scales with ABL

A Brampton-area equipment manufacturer needed $1M in working capital to fulfill a large order but couldn't stretch trade terms. Using asset-based lending secured against receivables and machinery, Mehmi arranged a revolving facility within days. This preserved cash flow, avoided equity dilution, and allowed rapid scaling.

Next Steps Locally

1. Visit local branches of RBC, CIBC, or Scotiabank and inquire about their ABL programs.
   
   
2. Run your asset figures through Mehmi’s asset-based lending page to see available structures.
   
   
3. Use our financing calculator to model facility impact on cash flow.
   
   

Ready to apply? Talk directly with our advisors via Contact Us to explore customized, local ABL options.