Asset Based Lending is a private bridge lender founded in 2010, built to serve real estate investors with fast, flexible financing for the purchase, renovation, new construction, and long-term refinance of residential properties. Lending across 41 states and Washington, D.C., they have closed over $3.8 billion in loans and funded more than 9,000 projects since its founding. What sets Asset Based Lending apart is its local-first, relationship-driven approach, pairing investors with experienced lending professionals who deliver hands-on guidance alongside capital.
Asset Based Lending streamlines the construction draw experience with a fast, digital process built around virtual inspections across all project types; Fix and Flip, Ground-Up, and Small Multifamily. Rather than waiting on field inspector scheduling, borrowers can submit draw requests and receive funds quickly through ABL’s mostly virtual inspection model, keeping projects on timeline and minimizing delays between construction milestones.
ABL offers loan programs tailored to the most common residential investment strategies: Fix and Flip for value-add renovation projects, Ground-Up for new construction from the dirt up, and Small Multifamily for investors scaling into 2-4 unit properties. Beyond short-term bridge financing, ABL also provides long-term rental refinance options, making it a one-stop lending partner for investors looking to build, stabilize, and hold.
Ratings are based on the following criteria:
Platinum & Gold Lenders
Platinum and Gold lenders are committed to delivering a modern, streamlined draw experience. These lenders typically support fully digital draw requests combined with virtual inspections across a wide range of project types. Their goal is to provide the fastest possible turnaround times without compromising risk management or construction oversight.
Silver & Bronze Lenders
Silver and Bronze lenders are still strong lending partners and have automated portions of their draw operations. However, the borrower experience may vary depending on the project type, inspection method, or capital partner requirements. In some cases, additional approval layers or third-party capital sources can increase reimbursement timelines.
About Virtual Inspections
Virtual inspections allow borrowers to skip scheduling a field inspector. They are typically reviewed within hours of submission. Borrowers must still document work thoroughly, including cost evidence (receipts) and lien waivers where applicable. Every lender listed on Lenderly offers virtual inspections and automated draw requests. The majority utilize independent construction experts for remote review, or they review submissions in house.
A draw-friendly lender is one that prioritizes speed, simplicity, and reliability when it comes to funding your project. They make it easy to request draws, minimize friction in the process, and get you reimbursed quickly so your project keeps moving.
The best draw-friendly lenders combine digital draw request tools with virtual inspections, allowing you to submit, verify, and receive funds often within 24 hours.
By comparison, traditional timelines can slow you down:
Every lender featured here offers a streamlined, digital draw process and supports virtual inspections for at least some of their loan products, helping you access capital faster and with far less hassle.