­Asset Based Lending recently funded a fix and flip loan for a repeat borrower in Albertville Alabama. This investor has completed one fix and flip project funded by ABL in the past. They purchased this single family property with the intention of performing cosmetic renovations. The scope of work for this fix and flip entails removing the vegetation on the property, replacing the gutters, updating the electrical panel and potentially replacing the HVAC system. This borrower expects to complete renovations within 5 months at which time they intend to list this property for final sale.