Asset-Based Lending

If your company’s sales are growing faster than your capital base or if your business requires a major investment in assets, you may be tying up valuable working capital. If so, consider City National’s flexible asset-based lending solutions.

Asset-based lending solutions help manufacturers, wholesalers, distributors and service companies with:

• Seasonal sales
• Rapid growth
• Acquisitions
• Mergers
• Turnarounds
• Restructurings

City National’s asset-based lending provides:

• Customized lending solutions tailored to the specifics of your business
• Decentralized decision-making allows us to provide faster responses to your requests
• Dedicated colleagues to service our clients, including your local relationship manager and our team of Asset Based Lending specialists
• Flexible collateral reporting options to fit your business
• Revolving lines of credit, including:
• Letters of credit
• Banker’s acceptances
• Ex-Im Bank working capital facilities
• SBA guarantee lines

Asset-based lending clients also have access to our broad array of business and personal banking services, including:

Business Services

• Term loans
• Equipment acquisition lines of credit
• Foreign exchange facilities
• Cash management services
• Commercial real estate financing
• Comprehensive retirement and 401(k) plan services
• Corporate credit card

Personal Services

• Investment management services
• Mortgage financing
• Personal lines of credit
• Credit card
• Online banking with bill payment

As a City National asset-based lending client, we can provide you with ongoing financing based upon a percentage of the value of your accounts receivable and inventory, giving you the seasonal or cyclical financing you need.