Forms Of Financing
Services
Copia Financial a boutique investment bank, dedicated to its client's economic growth and sustainability.
There are many forms of financing in the market place, and Copia Financial will assist you in understanding and identifying your options as well as your needs.
Asset Based Loans (ABL's)
Asset Based Loans are similar to Senior Debt, as the loan amount is based on the value and % allocated to the company's assets. ABLs typically lend a higher percentage on your assets than a ‘Schedule A” bank. However their rates are significantly higher.
In most cases ABLs are short term solutions, and should not exceed more than one year.
The advantage of ABLs is the fact that they have very few, if any, covenants to obey by, and profitability is not the major concern. But the security and the valuation of the assets are. You can also expect monthly monitoring fees as well as an upfront due diligence fee.
ABLs are far stricter with their reporting requirements and often demand weekly and, at times, daily reports. Copia Financial has a wealth of experience with ABLs, and is familiar with their reporting conditions, as well as their demands.
