
Asset-Based Lending (ABL) · Foundry, Castings & Primary Metals
Asset-Based Lending (ABL) for Foundry, Castings & Primary Metals shops
Borrow against what you already own. We match foundry, castings & primary metals manufacturers with the asset-based lending (abl) structure that fits how you actually run — no equity given up, no application, origination, or closing fees to you.
Why foundry, castings & primary metals shops choose asset-based lending (abl)
You're pricing a casting job against scrap steel or aluminum ingot prices that moved twice this week, running a cupola or induction furnace that eats electricity around the clock, and shipping finished parts to an automotive or ag OEM that pays net-60 without apology.
That's the foundry business: capital-intensive, cyclical, and squeezed on both ends. A big order from a Tier 1 automotive supplier or an ag equipment OEM should be good news — and it is, once you can fund the scrap buy, the melt, and the pattern or tooling work to get there.
Asset-Based Lending (ABL) is one of the most direct ways to close that gap. Revolving lines secured by receivables, inventory, and equipment.
What foundry, castings & primary metals shops get
- Line scales with your business
- Often more flexible than traditional bank debt
- Rates typically lower than factoring for the right profile
How it works
- 1The lender evaluates the value of your eligible collateral (AR, inventory, equipment).
- 2A borrowing base formula determines your available line.
- 3You draw and repay as needed, with monthly reporting.
Cash-flow realities we see in foundry, castings & primary metals
- Scrap, pig iron, and alloy price volatility that outpaces fixed-price customer contracts
- Automotive, ag equipment, and industrial OEM customers on net-45 to net-90 terms
- EPA/NESHAP-driven capex for melt furnaces, baghouses, and emissions controls
- High energy costs and rolling furnace campaigns that can't be paused mid-heat
- Long tooling and pattern lead times before a new part number generates revenue
Get placed into asset-based lending (abl)
Tell us the basics. We'll confirm the fit and tell you exactly what this program requires before you fill anything long.
- ✓ No application, origination, or closing fees
- ✓ No equity given up
- ✓ US-based foundry, castings & primary metals shops only
Other programs that fit foundry, castings & primary metals
Purchase Order Financing for Foundry, Castings & Primary Metals
Get the capital to fulfill large customer orders without straining cash flow.
Explore Purchase Order Financing for Foundry, Castings & Primary MetalsEquipment Financing for Foundry, Castings & Primary Metals
Finance new or used machinery, CNC, robotics, and production lines.
Explore Equipment Financing for Foundry, Castings & Primary MetalsAsset-Based Lending (ABL) for other manufacturing niches
Frequently Asked Questions
Ready to keep production moving?
Start with a quick app or a phone call. We'll tell you exactly what the right program requires—at no charge.
Apply. Fund. Deliver. — No obligation.
AI-assistedDepending on live availability, calls may be answered by Mary, our AI Assistant, who takes a message and books a callback. Or email us instead.
