Asset Based Lending is secured financing that utilizes a company's assets as collateral to generate cash to meet the company's short- and long-term cash needs. This financing is ideal for businesses experiencing rapid growth, seasonal sales, or difficult economic cycles.

A business with tangible assets and competent management can use its assets to create working capital to relieve payroll stress, purchase equipment and inventory, qualify for vendor discounts-in essence, working capital that can finance growth.

Reliance Partners represents a number of financial lenders that provide loans to entrepreneurs when other financing sources are either unavailable or inadequate. Unlike banks that rely on balance sheets and cash flow projections as loan criteria, we use a client's business assets as a basis for lending. Perhaps most importantly, our prospective borrowers do not have a minimum net worth. The result is greater borrowing power than can be achieved from a traditional banking approach.

Loans made by Reliance Partners are constantly at work because they function as a revolving credit line. The amount of funds available fluctuates with the value of the collateral. Our interest rates are negotiable and vary according to the following:

• Accounts Receivable

• Inventories

• Machinery and Equipment

• Certain Intangibles