Asset Based Line Of Credit (ABL)
For businesses looking to unlock greater access to working capital, Canada-Wide offers a government backed Asset Based Line of Credit. By leveraging the value of your accounts receivable, inventory, equipment, or other eligible assets, you can access higher credit limits to support your operations and accelerate growth.
Here’s why our based line of credit stand out from the competition:
With credit facilities ranging from $50,000 to $10 million, our Asset Based Line of Credit provides the financial strength to help you consolidate debt, manage CRA arrears, or fund expansion initiatives while keeping your business moving forward.
HIGHER CREDIT LIMITS FOR GROWTH
With access to credit from $50,000 to $10 million, you can secure the capital you need to scale, expand, and strengthen operations.
flexible debt solutions
Our ABL program can be structured to consolidate existing business debt, manage CRA arrears, or improve overall cash flow stability.
government backed security
With government backed support, you can count on reliable, compliant financing that helps position your company for long term success.
leverage business assets
We accept a wide range of assets including accounts receivable, inventory, equipment, and in some cases, real estate, turning your existing resources into working capital.
no minimum credit score required
Available to businesses with as little as 1 to 2 years in operation, our financing looks at the strength of your assets, not just your credit history.
Whether your business manages large receivables, cycles of inventory, or is preparing for the next stage of growth, Canada-Wide’s Asset Based Line of Credit provides a secure and flexible funding solution tailored to your needs.