A business loan secured by collateral (assets). The loan, or line of credit, is secured by inventory, accounts receivable and/or other balance-sheet assets. Also capital for purchase orders & contracts can be used.
Also known as or "asset-based financing".
As some companies may have slow times or various "cash crunch" issues, the asset value of your inventory or real estate can be used increase your borrowing base. The extra capital will allow you to take advantage of purchasing discounts and to offer more aggressive terms and incentives to your customers. Asset based lending can be very streamlined and quick way to grow your business.
Equity cash advances on real Estate