Cool, I suggest being very clear with the banker about the underlying assets and have them give you a sense of what they would lend against and what they would consider ineligible. You don't want to go down the road of choosing that lender only for them to tell you they are disqualifying certain customer accounts and inventory for reason x,y, and z.

I don't mean to be a bear, but I just wrapped up a deal in my F/T job where the banker nearly screwed our client on their ABL borrowing base. Good luck!

I dont disagree. But real ABLs start to make sense $10MM+ given fees and reporting requirements. I have lots of ABL deals experience if you want to PM me.