Open
Asset Based Lending
Covenant-light revolving credit secured by receivables and inventory
Last Update: March 3, 2026
Funding available
$ 50,000,000
Timeline
- Open continuously
Location
Canada
Overview
RBC Capital Markets’ Asset Based Lending provides committed, covenant-light revolving lines of credit ranging from $50 million up to more than $1 billion to help midsized and large companies maximize access to capital based on accounts receivable and inventory values. Eligible uses include growth financing, mergers and acquisitions, refinancing or restructuring/recapitalization (including turnarounds), and financing management or leveraged buy-outs, including international or cross-border structures.
/100
Opportunity Score
Moderate potential, but conditions must align.
At a glance
Funding available
Financing goals
- Complete an acquisition or business transfer
Eligible Funding
- Minimum amount : 50,000,000 $
- Up to 90% of project cost
Timeline
- Open continuously
Eligible candidates
Eligible Industries
- Finance and insurance
Location
- Canada
Legal structures
- For-profit business
Annual revenue
- All revenue ranges
Organisation size
- All organization sizes
Audience
- Canadians
- Startups
Next steps
1
Determine your project
2
Validate your eligibility
Activities funded
- Financing business growth initiatives.
- Financing a merger or acquisition.
- Financing operations in cyclical or seasonal industries.
- Refinancing existing debt, restructuring and/or recapitalizing the business.
- Financing a management buyout or leveraged buyout.
Eligibility
Who is eligible?
- Companies looking for growth financing
- Companies funding a merger or acquisition
- Companies in cyclical or seasonal industries
- Companies with high leverage that fall outside conventional lending criteria
- Companies experiencing restricted cash flows or in a turnaround situation
Eligible expenses
- Working capital needs financed through a revolving line of credit (advances against accounts receivable and inventory value).
- Costs to fund a merger or acquisition.
- Costs related to refinancing existing debt, restructuring, and/or recapitalization.
- Costs related to financing a management buy-out or leveraged buy-out.
Contacts
Frequently Asked Questions about the Asset Based Lending Program
Here are answers to the most common questions about the Asset Based Lending. This section explains what the program is, how much funding is available, eligibility requirements, application deadlines, and other important details to help you determine if this grant is right for your business.
What is the Asset Based Lending?
RBC Capital Markets’ Asset Based Lending provides committed, covenant-light revolving lines of credit ranging from $50 million up to more than $1 billion to help midsized and large companies maximize access to capital based on accounts receivable and inventory values. Eligible uses include growth financing, mergers and acquisitions, refinancing or restructuring/recapitalization (including turnarounds), and financing management or leveraged buy-outs, including international or cross-border structures.
How much funding can be received?
Asset Based Lending Funds up to 90% of admissible expenses.
Who is eligible for the Asset Based Lending program?
To be eligible for the Asset Based Lending program, you must:
Companies seeking growth financing.
Companies funding a merger or acquisition.
Companies needing refinancing, restructuring or recapitalization.
What expenses are eligible under Asset Based Lending?
Financing business growth initiatives.
Financing a merger or acquisition.
Financing operations in cyclical or seasonal industries.
Refinancing existing debt, restructuring and/or recapitalizing the business.
Financing a management buyout or leveraged buyout.
Who can I contact for more information about the Asset Based Lending?
You can contact Royal Bank of Canada (RBC) by email at pierre.noriega@rbccm.com.
Where is the Asset Based Lending available?
The Asset Based Lending program is available across Canada.
Is the Asset Based Lending a grant, loan, or tax credit?
Asset Based Lending is a Loans and Capital investments
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