The Basics of Asset Based Lending
How can we help you as a business owner receive funding of $100,000 - $50,000,000? Asset based lending. This is a type of financing in which a company uses its assets as collateral to obtain a loan. This type of lending is typically used by businesses that have a significant amount of assetsH
One common type of asset based lending is commercial asset based lending in which a company uses its commercial real estate as collateral for a loan. This type of lending can be great for businesses that are planning to expand or make improvements to their commercial properties.
One of the benefits of commercial asset based lending is that it offers businesses an opportunity to obtain a significant amount of funding. Because the loan is based on the value of the commercial property, businesses that own valuable properties can obtain larger loans than they would from traditional lenders.
Another benefit of commercial asset based lending is that it can offer a fast and efficient process. Because the loan is secured by the commercial property, the lender is able to make a decision faster than they would with traditional lending. This can be especially beneficial for businesses that need to receive funding quickly.
Commercial asset based lending also allows a business to conserve cash and maintain liquidity. Because the loan is secured by the commercial property, a business does not need to pledge other assets as collateral. This can help a business to maintain its cash and liquid assets, which can be used for other purposes, such as investing in new equipment or hiring additional staff.
If asset backed funding sounds like a good fit for your business, keep reading to learn how our funding partner can help. Not only do they provide business owners with high offers up to $50 Million/80% of property value, you also receive competitive terms, and quck turnaround times.
When considering commercial asset based lending, it is important that business owners understand the requirements and process and the requirements involved. This asset based loan features simple, straightforward requirements. To be considered for approval you must have at least 2 years time in business, a credit score of at least 600, and $75K or more in monthly revenue. In addition, your commercial property must be valued at a minimum of $125K with 20% min. equity (developable land value required iis $1,000,000).
As always, at DAC funds Me we value speed and simple processes, so applying with our funding partners is always easy. It all Starts with completing the simple online application. After securely submitting the required documents an agent will work to provide you with the best offer possible. It's that easy! Click the button below to learn more or start the application process today.