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 is built around a fast draw process, which suits Lenderly’s emphasis on quick construction funding. ABL reimburses 100% of completed work through draws, and it advertises funding in as few as 24 hours, often within 24 to 36 hours, once a draw is submitted. Each draw is released after an inspection is reviewed and approved by ABL’s dedicated draws team, and the company frames its construction funding as arriving in days, not weeks. On the front end, fix and flip loans are advertised to close in as few as 20 days.
Asset Based Lending, known as ABL, is a national direct private lender offering fix and flip, new construction, DSCR rental, and bridge loans to residential and small-balance investors.
• Fix and flip: up to 90% of purchase and 100% of rehab, up to 92.5% LTC, and up to 75% of after repair value (LTARV).
• New construction: up to 75% of land cost and up to 100% of the construction budget.
• DSCR rental loans up to 80% LTV, and bridge loans up to 65% LTV.
• Fix and flip closings are advertised in as few as 20 days, and ABL lends nationwide to residential and small-balance real estate investors.
Asset Based Lending, LLC (ABL) is a national direct private lender headquartered in Jersey City, New Jersey, offering fix and flip, DSCR rental, new construction, and bridge loans to residential and small-balance real estate investors for real estate investment purposes. It lends nationwide and operates under NMLS ID 2449622 and California licenses 60DBO-183897 and 60DBO-184824.
