How many ABL lenders are there?

The TerraNova database tracks 207 active funds with a ABL mandate as of Sep 14, 2026. The median stated check-size band is around $10M–$100M.

How do I find abl lenders for my deal?

Describe your deal once — amount, sector, geography — and the TerraNova engine scores every active ABL fund against it in about 60 seconds, free, with the reasoning shown per fund.

Private credit glossary · Data updated Sep 14, 2026

What is asset-based lending (ABL)?

Asset-based lending is debt secured by specific business assets — receivables, inventory, equipment, or other collateral — with the borrowing base recalculated as those assets change, letting companies borrow against what they own rather than only what they earn.

207

active ABL funds in the TerraNova database

$10M–$100M

median stated check-size band

How it works

The credit line floats with a borrowing base (e.g., 85% of eligible receivables).
Field exams and collateral reporting replace some cash-flow covenants.
Works for borrowers with lumpy earnings but strong assets.

When borrowers use it

Working-capital-heavy businesses (distribution, manufacturing, staffing) with seasonal swings.
Turnarounds or growth phases where cash-flow leverage is capped.

Browse all 207 ABL lenders

Named funds with check sizes, sectors, and deal-team contacts — free to search.

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