Asset Based Loans

In addition to factoring, or accounts receivable financing, The Southern Bank also offers Asset Based Loans. Rather than infusing your business with cash by purchasing your accounts receivable and invoices, The Southern Bank analyzes your balance sheet and provides a loan that is secured by your assets.

Our loans can be secured by a variety of assets including but not limited to accounts receivable, inventory, machinery, real estate, etc. While Asset Based Loans can provide a lower cost form of financing, the funding limit and availability are typically more restrictive than factoring lines.

Interested in an Asset Based Loan from The Southern Bank or unsure of which financing solution best fits your business? Contact us today and we’ll guide you down the path to stronger, healthier cash flow.