Australia's dedicated cash-out solution specialist.
When you’re out of time, you’re not out of options. We provide a fast equity release when businesses need to buy more time.
It started with a gap in commercial finance.
ABL started with a gap. Banks and long-term lenders do what they do well, which is financing the long term. But when something unexpected lands and a business needs an answer today, that isn’t what they’re built for. Most businesses in that moment don’t want another long-term loan. They need to buy time to get through.
Steve Heavey saw it from both sides. He started as a civil engineer in manufacturing and construction, where a delayed payment can stop a production line, then ran national broker distribution at ANZ, Westpac and Suncorp, leading a 15,000-broker network. He watched good businesses with real assets, and the brokers and advisors backing them, run out of options for that short-term need.
So he built ABL for the space in between. It isn’t a replacement for the bank. It’s the contingency for the unexpected, with short-term funding against the asset for what’s needed today, and no credit checks or claim on the house.
“We’re not here to trap businesses in debt. We’re here to give them short-term funding to get through.” Steve Heavey, Managing Director, Asset Based Lending
The team behind the deals.
Real people, direct lines. Call, email or connect with us when you need an answer fast.
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Head office: 140 William Street, Melbourne · contact@assetbasedlending.com.au · 1300 225 101
Built to back businesses when it matters most.
Asset secured. Cash out. Asset back. That’s the whole model. The business, a director or a third party owns something of value. We assess what it’s worth, advance up to 70% of the asset’s value, and you get it back when you repay. You don’t sell it, and you don’t go through a bank.
As Australia’s dedicated asset lender, ABL provides short-term commercial cash-out funding from $20,000 to $1 million, a fast equity release on assets owned outright or mostly paid off, set out in our three products. Read more about asset based finance and how a private business lender works.
Most terms are 1 to 3 months. You can exit any time after month one with no penalty, and you only pay for the days you use. We are buying you the time you need. See why every business needs a plan B.
Asset-led, not credit-led
We don’t ask questions outside the asset you have to work with. No credit checks. No financials. No personal guarantees.
Fast turnaround
Indicative terms within two hours. Typically funded within 24 to 48 hours once your asset is secured, with a record of six.
Discreet by design
Security stops at the asset. No claim on your home, no charge over personal property. Transactions handled between you, your advisor, and us.
Valued and stored with our partners.
We work with a trusted panel of asset and valuation partners, including Lloyds Auctions & Valuations, one of Australia’s most respected valuers and auctioneers. With more than two decades of expertise and 11 locations nationwide, the panel gives us the infrastructure for fast independent valuations and safe storage of any asset we fund against.
Conversations that help businesses find a way forward.
Hosted by Steve Heavey, the podcast for brokers, accountants and advisors who help businesses navigate cash flow pressure.
Find out what your assets are worth.
Free independent valuation. Up to 70% of the asset’s value. Put an asset forward and we’ll value it.