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Business Services |
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Funding for Asset
Based Loans/Credit Lines |
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 Is
your business generating the sales you hoped it
could and but doesn’t seem to be growing at the same
ideal pace?
Have you tried to find and utilize different funding
ideas and programs yet they just do not allow you
the flexibility and scope to help you grow your
business?
Perhaps an Asset Based Loan / Credit Line is the
technique that will work for you! |
Here is how it works:
An asset-based credit line is a revolving line of
credit collateralized by a business’s assets. Those
assets may include accounts receivable, inventory,
machinery and capital equipment, and real estate.
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The amount of credit available to the business
fluctuates based on a percentage of the business’s
current assets. For example, as inventory is sold in
the normal course of business, the proceeds from
these sales go to repay the line. The amount of a
business’s collateral changes daily, so the
asset-based lender must monitor the value of your
collateral continuously and adjust the amount of the
credit line accordingly.
An asset-based credit line is structured as a loan,
not as a purchase; therefore, providing this type of
credit line is called asset based lending. |
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Please
contact us
for a no obligation consultation and evaluation of
YOUR situation so we may structure a program that
will help you grow your business YOUR way! We look
forward to earning your trust and your business. |
