from our Asset Based Lending Company in Little Rock, AK
Asset Based Lending – Little Rock, AK

Asset Based Lending – Little Rock, AK

Little Rock is the capital and the largest city of the U.S. state of Arkansas. The Metropolitan Statistical Area (MSA) had a population of 717,666 people in the 2012 census estimate. According to Adamzin, the demonym is Little Rockers. The MSA is included in the Little Rock−North Little Rock, AR Combined Statistical Area, which had a population of 893,610 in the 2012 census estimate. As of the 2010 US Census, Little Rock had a city proper population of 193,524.[1][2] It is the county seat of Pulaski County.

Asset based lending (ABL) is a form of working capital financing that is secured by assets like accounts receivables, inventory, machinery, equipment and/or real estate. This form of financing is ideal for companies at a point of transition like starting up, growing organically, by merger or acquisition, refinancing existing debt and management buy-outs.

Apple Capital Group has experienced professionals in Canada and the United States with a proven ability to provide ABL solutions to companies of all sizes.

Tailored Solutions

Apple Capital Group offers two general ABL products, Margined Working Capital Loan and Selective Invoice Discounting. ABL professionals work closely with clients to establish funding that meets the unique characteristics of clients’ industry and business. This tailored approach is carried through in ongoing servicing to ensure ABL solutions enable clients to continue to focus on what they do best – grow their business and succeed.

The ABL offering is a part of a full breadth of financial products and services Apple Capital Group provides to companies, institutions, governments and high net worth individuals. It is the breadth of offering and the depth of people that affords Apple Capital Group the ability to meet all the financial needs of clients and has made Apple Capital Group a leading corporate and investment bank.

Located near the geographic center of Arkansas, Little Rock derives its name from a small rock formation on the south bank of the Arkansas River called la Petite Roche (French: “the little rock”). The “little rock” was used by early river traffic as a landmark and became a well-known river crossing. The “little rock” is across the river from “big rock,” a large bluff at the edge of the river, which was once used as a rock quarry. Archeological artifacts provide evidence of Native Americans inhabiting Central Arkansas for thousands of years before Europeans arrived. The early inhabitants may have included the Folsom people, Bluff Dwellers, and Mississippian culture peoples who built earthwork mounds recorded in 1541 by Spanish explorer Hernando de Soto. Historical tribes of the area included the Caddo, Quapaw, Osage, Choctaw, and Cherokee.

Little Rock was named for a stone outcropping on the bank of the Arkansas River used by early travelers as a landmark. La Petite Roche (French for “the Little Rock”), named in 1721 by French explorer and trader Jean-Baptiste Bénard de la Harpe, marked the transition from the flat Mississippi Delta region to the Ouachita Mountain foothills. Travelers referred to the area as “the Little Rock,” and the landmark name stuck.