Asset Based Lending Fifth Third Bank

Asset Based Lending

About Fifth Third Business Capital

Fifth Third Business Capital provides creative asset-based financing to companies nationwide, primarily with needs related to acquisitions, dividend recapitalizations, growth, debt restructurings, and turnarounds.

Fifth Third Business Capital provides flexible structures that include revolving lines of credit supported by accounts receivable and inventory, and term loans supported by equipment and real estate.

For your asset based lending needs, contact Fifth Third Business Capital at 877-265-3829 or 53BusinessCapital@53.com.

General Lending Parameters

  • Loan commitments
  • $5,000,000 and up
  • Dedicated syndication capabilities

Structure

Revolver

  • Up to 85% of eligible accounts receivable
  • Up to 60% of eligible inventory with higher advance rates available based upon appraisal and to meet seasonal needs

 

Term loans

  • Up to 85% of net orderly liquidation value of equipment
  • Up to 75% of appraised fair market value of real estate
  • Capital expenditure facilities available to finance new equipment purchases

 

Amortization

  • Up to 7 years — equipment loans
  • Up to 15 years — real estate loans

Our expertise:

  • A consultative approach to finding financial solutions
  • Lending for a broad spectrum of business opportunities: 
    • Growth
    • Mergers and acquisitions
    • Refinancing or recapitalization
    • Turnaround facilities
  • ABL solutions for businesses with revenues from $25 million and up
  • Facility sizes from $5 million and up
  • Ability to provide financing based on an array of assets from traditional working capital to fixed assets and intangibles
  • Footprint that covers the entire United States and Canada

Industries

Manufacturers, distributors, selected service companies and regional or national store-based retail chains, with sales generally from $25 million and up.

One bank for your needs

We support a variety of services for businesses looking to improve multiple aspects of their finances through the convenience of one bank that you can value and trust.

Explore all that Fifth Third Commercial Banking has to offer.

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