Growing businesses are often starved of working capital by the thing that makes them successful: more sales mean more receivables and more inventory sitting on the balance sheet waiting to turn into cash. An asset-based line converts those assets into availability you can draw against every month.
Cascade lends against a borrowing base of eligible accounts receivable and inventory. As sales grow, availability grows with them. Reporting is monthly and practical, and there is no annual reset where the line gets pulled because the bank changed its appetite.
What a typical facility looks like
- Lines from $500,000 to $10 million
- Advance rates up to 85% on eligible receivables and up to 50% on eligible inventory
- Revolving, interest charged only on what is drawn
- Suited to manufacturers, distributors, staffing, transportation and seasonal businesses
We review your aging and inventory reports with you before issuing a term sheet, so the borrowing base is realistic from day one.
