Borrowing base finance
Asset based lending for businesses that have outgrown a generic bank line.
A properly structured asset based facility follows the quality of eligible receivables and inventory, not a generic application. We organize the borrowing base, collateral narrative, debt payout, and lender ready package around the transaction.
Current mandate range
$3M to $25M
Who this is for
A conversation grounded in the facts of the business.
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Companies with meaningful receivables as core collateral
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Businesses with inventory supporting the collateral story
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Operators replacing, expanding, or refinancing an existing credit facility
How we approach it
Borrowing base finance with capital stack context.
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Assess the borrowing base, first lien requirements, inventory support, and debt payoff needs.
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Build a credit package that makes collateral coverage and repayment capacity clear.
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Target lender mandates by size, sector, collateral, and geography.
Common questions
Clarity before a capital decision.
Every company, project, and lender mandate is different. These are practical starting points, not a financing offer or tax advice.
What is asset based lending?
Asset based lending is typically a revolving line secured primarily by eligible receivables, with inventory and other collateral potentially supporting the facility. Availability is commonly determined by a borrowing base.
How much can I borrow against receivables?
Advance rates vary by lender and by the eligibility and concentration of the receivables. Asgard’s working capital mandate targets facilities from $3M to $25M.
What collateral is considered?
Receivables are generally core collateral for this mandate, with inventory supporting where appropriate. A clear first lien position and a practical treatment of existing debt are important considerations.
Start the conversation
Ready to map the funding route?
Use the funding brief to organize a discussion around the actual need, decision maker access, and current financial context.
Funding, engineered
Make the next capital decision with the whole stack in view.
Start with a no cost eligibility conversation and a clearer view of what may fit.