Asset-based lending offers more flexibility than other methods of financing, and is a fast and cost-effective way to obtain working capital. Unlike certain types of structured financial products, Our Asset Based Lending program is designed for businesses to leverage their tangible assets as a mean for accessing working capital. With our program clients pledge fixed assets such as inventory, machinery and real estate, in addition to future receivables, in return for access to capital.
This product is an interest-only balloon loan with a term ranging from 12 to 36 months and a range from $25,000 to $2,000,000. The business owner can pledge residential, commercial and industrial real estate as well as vacant land as collateral.
