Asset Based Financing
Get more capital with Capitalplus.com asset based factoring or asset based financing services. This is a type of business financing or alternative financing where your business assets are used to secure capital or to develop cash flow.An asset-based transaction is an advance based on the worth of your invoices. Other examples of collateral are inventory, including marketable raw materials, machinery and equipment, owner-occupied real estate, and personal assets.
Asset based financing with Capitalplus.com is advantageous if you are looking for quick financing decisions, less red tape, and fewer borrowing restrictions. For ease and convenience, asset based financing can be structured to grow as your business grows. It is not considered borrowed money since you actually sell your invoices to CapitalPlus.com.
The advance is repaid as you are paid from the collection of your accounts receivable. Asset based financing with Capitalplus.com improves your cash flow and funds business growth. It is a proven cash flow solution and an alternative business financing technique. Asset based factoring can be used in negative cash flow and over-leveraged situations. Asset based financing with CapitalPlus is flexible and cost competitive.
Asset based financing is beneficial to manufacturers, wholesalers, distributors and service companies. It is increasingly used in agricultural industry and in health care financing. At Capitalplus.com asset based financing is a straightforward concept - matching a company's assets to its borrowing needs. Unlike traditional bank debt that relies heavily on balance sheet ratios and cash flow projections as loan criteria, asset based financing uses a client's business assets as its primary focus for lending. The result is usually far greater borrowing power than can be achieved from a traditional cash flow banking approach. An important aspect of asset based factoring at CapitalPlus is that prospective borrowers do not have to be profitable or have a minimum net worth. At CapitalPlus a business with tangible assets and qualified management can use its assets to create additional working capital to help carry out its business plans.
Types of business that would use Asset Based Financing
- Appraisers
- Architects
- Asphalt
- Cable Companies
- Carpenters
- Carpet
- Ceiling - Drywall
- Electrical Contractors
- Engineers
- Excavators
- Expediters
- Fire Sprinkler Contractors
- Flooring
- General Contractors
- HVAC
- Landscapers
- Manufacturers
- Paving
- Plumbing
- Roofing
- Security Firms
- Space Planners
- Steel Fabricators
- Supply Houses
- Tile Contractors
- Underground Utilities
- Utility Companies
- staffing
- construction
- security
- Textile
- Landscape
There are a number of advantages to asset-based financing. The primary benefit is that smaller businesses are typically able to get the cash they need more quickly than they would if they were financing through a standard bank loan. Securing an asset-based loan through CapitalPlus.com can also help your company meet its short-term financial needs.
At CapitalPlus.com, we understand that each company has different needs. Smaller businesses that are expanding rapidly may have a harder time coming up with the cash needed to help their company grow. We can help your business secure asset-based financing, allowing you to lease the necessary equipment so your company can continue to expand. Contact us today, and get more capitalfor your businesswith CapitalPlus.com’s asset-based factoring and financing services.
