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Asset Based Lending

abl1.net

Founded Year

2010

Stage

Acq - Fin | Alive

About Asset Based Lending

Asset Based Lending provides fast-bridge financing to real estate investors for the purchase, renovation, or new construction of single family, multi-family, and mixed-use properties. It specializes in funding regarding fix and flips, REOs, short sales and more. It is based in Jersey City, New Jersey.

Headquarters Location

30 Montgomery St, Suite 215

Jersey City, New Jersey, 07302,

United States

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Latest Asset Based Lending News

10:21 EDT eCapital Asset Based Lending CEO Jennifer Palmer Named President of Secured Finance Network

Oct 25, 2022

News provided by Share this article Palmer to Head Industry Organization with An Eye on Expansion   MIAMI, Oct. 25, 2022 /PRNewswire/ --  eCapital Corp. ("eCapital" or "the Company"), a leading finance provider for businesses across North America and the U.K., is pleased to share the appointment of Jennifer Palmer, CEO of eCapital Asset Based Lending, to President of the Secured Finance Network (SFNet), a leading industry organization for companies and professionals who deliver and enable secured financing to businesses. "Jennifer is an exceptional leader and will be a huge asset to SFNet in the role of President," said Marius Silvasan, CEO of eCapital. "I am confident that through her leadership, commitment, and insights, she will expand and evolve the organization and create extraordinary value for our industry. We congratulate her on this well-deserved honor." Prior to her current role, Palmer was the CEO of Gerber Finance, an asset-based lending company based in New York, NY, which was acquired by eCapital in 2017. She leads and mentors a dynamic team that provides tailored financial solutions to companies looking to retain equity while driving sustainable growth. Known for her dedicated work ethic, Palmer is committed to encouraging more women to achieve C-suite roles and works to make financing more equitable by increasing the number of women-led businesses in the company's portfolio. Palmer has been actively involved with SFNet for 15 years, previously serving on the Board of Directors, Executive Committee and Management Committee. Additionally, she is a Forbes Finance Council member and a sought-after speaker at industry events and through various media outlets. "SFNet provides an important, centralized place for industry professionals to seek education and networking opportunities and provides vital industry advocacy in the face of new regulations," said Palmer. "I feel privileged to take on this role at such an exciting time in our industry and am committed to helping SFNet expand and plan to create strategic partnerships with other relevant trade organizations." About eCapital Corp.  eCapital is committed to accelerating access to capital for companies in the United States, Canada, and the U.K. By leveraging a team of over 700 experts and proprietary, industry-leading technology, eCapital is creating the future of business funding. With a full suite of products such as freight factoring, invoice factoring, lines of credit, asset-based lending, payroll funding, and equipment financing, eCapital ensures businesses have the funds they need to do more. Through its Transportation, Commercial Finance, Staffing, Wellness, Healthcare divisions, eCapital delivers customized funding solutions for over 80 industries. To learn more about eCapital, visit eCapital.com . SOURCE eCapital Corp.

Asset Based Lending Frequently Asked Questions (FAQ)

  • When was Asset Based Lending founded?

    Asset Based Lending was founded in 2010.

  • Where is Asset Based Lending's headquarters?

    Asset Based Lending's headquarters is located at 30 Montgomery St, Suite 215, Jersey City.

  • What is Asset Based Lending's latest funding round?

    Asset Based Lending's latest funding round is Acq - Fin.

  • Who are the investors of Asset Based Lending?

    Investors of Asset Based Lending include Rice Park Capital and Hunter Street Partners.

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