Chase Asset-based Lending

Chase Business Credit, a division of Chase Commercial Banking, is a leading provider of highly structured asset-based solutions for a wide array of complex financing needs. We offer flexible asset-based lending solutions with credit lines from $5 million to more than $1 billion through a network of 27 offices in the U.S., Canada and the United Kingdom. We can also refer you to the world-class debt and equity product capabilities of J.P. Morgan's Investment Bank and provide coordination with its market-leading restructuring presence.

 

Key Advantages to Asset-based Lending

  • Customized solutions: We're known for our ability to innovate and successfully complete unique transactions. We specialize in structuring, syndication and collateral analysis.
  • Originations presence: Chase Business Credit has offices in 24 U.S. cities, including Atlanta, Chicago, Cleveland, Dallas, Irvine, Calif., Los Angeles, Miami and New York. We also offer complete financing capabilities in Canada and Western Europe.
  • Local delivery: Each Chase Business Credit region maintains its own local loan origination, account management, underwriting and field exam teams.
  • Full service: Dedicated Chase Business Credit teams perform field examinations, monitor collateral and service loans for both syndicated and sole-lender transactions.
  • Integrated delivery: Chase Business Credit can connect you with the entire scope of J.P. Morgan services, including mergers and acquisitions (M&A); high-yield, private placement and mezzanine debt; and public and private equity.
  • Product integration: Chase Business Credit is closely aligned with J.P. Morgan and Chase products, providing treasury, cash management, cross-border trade and foreign exchange services.
 

Features

  • Typically only one or, in some cases, no financial covenants
  • Availability driven by quality of assets
  • No ratings required
  • Often greater financial flexibility than available in cash flow-oriented structures
  • "Covenant-light" structures focus on liquidity versus leverage
  • Solutions allow for capital activities (acquisitions, debt repurchase) based on liquidity, not financial leverage
 

To learn more about Chase asset-based lending,
please contact us or call your Commercial Banker.