ASSET BASED LOANS

ASSET BASED LOANS

Asset based loans are loans that require collateral in the form of the following assets (see below)

These loans generally have a longer approval process however these loans can be used to, cost average debt, free up equity, lower operating costs and overhead, set up long term strategic partnerships

  1. EQUIPMENT -> 50% LTV – TERMS 110 YEARS
  2. REAL ESTATE -> 75-80% LTV – TERMS 5-30 YEARS
  3. INVENTORY -> 50% LTV – TERMS 110 YEARS
  4. ACCOUNTS RECEIVABLES -> UP TO 85% LTV UNDER 90 DAYS


WHAT YOU WILL NEED:

  • BUSINESS TAX RETURNS
  • BUSINESS FINANCIAL STATEMENTS
  • PROFIT AND LOSS/BALANCE SHEET
  • ACCOUNTS RECEIVABLES AND ACCOUNTS PAYABLES REPORT
  • BUSINESS DEBT SCHEDULE