Asset Based Lending (ABL), Australia’s only dedicated asset-based lender, has expanded its funding warehouse with the backing of FC Capital, who have come on board to support the continued growth of ABL’s unique model.
The new partnership strengthens ABL’s capacity to provide SMEs with fast, flexible access to capital when traditional finance falls short.
“Every day we see viable businesses under pressure — not because they lack assets, but because they can’t navigate the tripwires of conventional finance: credit checks, property security, or weeks of assessment,” said Steve Heavey, CEO of ABL.
“ABL exists as a genuine alternative. We help businesses avoid insolvency, fight back under pressure, and create room to grow. Whether asset-rich but cash-poor or simply needing urgent funds, ABL provides a flexible solution that delivers without forcing businesses to put more on the line than necessary. With FC Capital now backing our model, more businesses can access urgent funding, secured against assets, without being left more exposed than they need to be.”
ABL specialises in short-term, asset-backed advances that unlock capital from vehicles, machinery, inventory, and other unencumbered assets — providing funding in hours, not weeks. By focusing on asset value rather than financials, ABL offers SMEs a simpler, faster alternative at critical moments.
“This partnership reflects the confidence of our funding partners in both the model and the role we play,” said [insert second spokesperson if relevant]. “It ensures ABL can continue to scale while staying true to our mission: helping businesses buy time and keep moving when it matters most.”
ABL thanks FC Capital for their support and looks forward to achieving further milestones as the business continues to expand its offering for brokers, advisors, and SMEs across Australia.
