Loans are our Business. Whether you need financing for a business turn
around, acquisition, expansion, merger or working capital.
Even if your assets don’t meet the traditional
lending standards, there are many private lenders with available capital at
competitive rates. In most cases approval in 2-3 business days. We get paid the
same way our clients do, on results. Financing Available in Canada, USA and
Asset based lending is basically a business loan
that is secured by an asset. The amount you can borrow is based on a percentage
of the value of the asset pledged. The asset can take many forms accounts
receivable, inventory, real estate or other types of assets listed on the
business balance sheet. The interest rate is lower than unsecured loans since
the lender can seize the asset if the borrower defaults.
Inventory financing is usually based on current
inventory values and this type of financing is used as a cash advance for the
business to finance operations. This type of financing is also based on a
percentage of inventory values and the percentage is around 50% Commercial Business Loans.
This percentage is dependent on whether the inventory is finished goods or
parts inventory. Non finished goods (work in progress) would have a lower loan
advance available and is more difficult to find a lender. Financing inventory
loans are usually advanced in conjunction with accounts receivable financing.
This type of financing is usually used to
purchase equipment and furniture. Equipment leasing is one of the most common
ways to finance equipment. A leasing arrangement frees up the business capital
for other business interests. There are various types of leasing arrangements
dealing with length of term, buy-out or turn back the equipment to the lender,
and considerations regarding taxes.
Real Estate Financing
This type of financing can be used for a variety
of real estate scenarios. It can cover the purchasing of land and building Business
Loan Financing Business Loan
Financing, to building new construction or renovating a property. The
amount to be advanced from a lender is again dependent on a variety of factors.
Financial statements of the business, the owners financial statements, experience
and length in construction, development etc.