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Asset Based Lending

Real Estate Financing Jersey City, N.J. ~400 employees
Founded
--
Employees (Est.)
~400
20 leaders known
Total Funding
$175.0M
Funding Rounds
1
Last Funding
2025-03-26

About Asset Based Lending

Asset Based Lending (ABL) is a hard money lender specializing in real estate investment financing. With over 15 years of experience and more than 7,000 projects funded, ABL prioritizes client success by offering tailored loan solutions, fast processing, and dedicated support through their unique Zero-Point Program and local expert teams.

Products & Services

Fix & Flip Loans:Financing for buying and rehabilitating residential properties, with loan terms of 12-24 months, LTV up to 90% of purchase and 100% of rehab, and loan sizes from $75K to $50M. Close in as few as 10 days.
Rental Loans (DSCR):30-year loans for purchasing or refinancing rental properties to unlock equity for investments, with LTV up to 80%, average DSCR of 1.1, and loan sizes from $75K to $5M.
New Construction Loans:Loans for acquiring or refinancing land to build new properties, welcoming new investors, with terms of 12-24 months, LTV up to 70% for land and 100% for construction budget, and loan sizes from $75K to $50M.
Bridge Loans:Short-term financing for refinancing and extracting equity from single-family, multi-family, and condo properties, with terms of 12-24 months, LTV up to 65%, and loan sizes from $75K to $50M.

Specialties

Hard Money Lending Real Estate Investment Financing Fix & Flip Loans Rental Property Financing New Construction Loans Bridge Loans Fast Loan Processing Zero-Point Program

Funding History

Debug: View Raw Funding Data
# Type Amount Fields Date Fields Investors
1 RT: Debt
T: -
FT: Debt
A: 175000000
MR: -
FA: $175 million
FAN: 175000000
D: 2025-03-26
FD: 2025-03-26
-
Debt Latest
2025-03-26
$175.0M

Growth Metrics

+45%
Employee Growth
YoY
3.2x
Funding Growth
Last Round
12
Markets
Operating
10K+
Customers
Active

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Team & Leadership

D

Drake Midgley

Sales Assistant

LinkedIn (Pro only)
N

Nathaniel Geary

Sales Assistant

M

Mailena Garcia

Loan Officer, VP

LinkedIn (Pro only)
P

Phillip Serna

Loan Officer, VP

N

Nick Tierno

Sales Operations Manager

Z

Zak Blechman

SVP of CRE Originations

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Recent News

Asset Based Lending Announces New Product Launch

2 days ago

Company unveils innovative solution to transform the industry, expanding market reach and capabilities...

Read more →

Leadership Team Expands with Industry Veteran

1 week ago

New executive brings 20+ years of experience to accelerate growth and strategic initiatives...

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Company Recognized as Industry Leader

2 weeks ago

Receives prestigious award for innovation and customer satisfaction in competitive market...

Read more →

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Key Competitors

C1

Competitor Alpha

Series B · $50M raised

C2

Competitor Beta

Series C · $120M raised

C3

Competitor Gamma

Series A · $25M raised

C4

Competitor Delta

Seed · $10M raised

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Company Details

Industries
Real Estate Financing
Company Size
~400 employees (est.)
Locations
Jersey City, N.J.

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