CBC Asset Based Lending (ABL) works with privately held, private equity and venture backed mid-market companies to finance working capital, acquisitions/mergers, turnarounds or restructurings, growth financing, debtor-in-possession financing and inconsistent earnings histories.

  • Typical loan commitments range from $2 million to $30 million and include asset-based lines, recurring revenue lines and non-formula lines of credit. These can be combined with cash flow term loans or can be independent
  • Structures may include stand alone or first-out revolvers, split-lien asset-based revolvers, unitranche structures, or covenant-lite structures. Revolvers may also be accompanied by mezzanine and second lien term loans through non-bank third-party sources
  • We offer a full suite of treasury management services with a robust online platform for cash management needs 

Our geographic focus is national, and we work with businesses in a wide variety of industries


We have a broad ABL offering, divided into two groups.

Here’s the difference:

For Further Information or Discussion,
Please Contact:

Kevin Knox
Executive Vice President and Group Manager 
Business Credit

Derek Rosenstrauch
Executive Vice President and Group Manager
Asset Based Lending

Amy Efland
Senior Vice President, Business Development Officer
Specialty Banking

  • Reporting
    • Borrower’s management team is a critical factor in ABL. Focus will be placed on the company’s history and management’s experience and management style
    • Private equity firms (funded and fund less), parent holding companies, and individuals invest in companies that are involved in ABL transactions, acting as the companies’ financial sponsors
    • CPA prepared Reviewed Statements will generally be required for loan commitments above $5MM
    • Well defined projections
  • Monitoring
    • Monthly BBC and monthly financial statement reporting
    • Monthly or quarterly covenant testing
  • Documentation
    • Outside counsel with significant legal customization
    • Maturity is generally 1-3 years


  • Reporting
    • Collateral value is emphasized
    • Privately owned or smaller number of shareholders
    • CPA statements not required
    • Projections generally not required
  • Monitoring
    • Monthly, weekly or Daily BBC
    • Streamlined or Detail AR collateral Tracking
    • May include BCD direct cash application
  • Documentation
    • Standard Business Credit Loan Document with little negotiation
    • Demand notes, generally set to one year contract
    • May include early termination fees, minimum usage fees, over advance and over line charges, and other transactional fees




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