Types of Financing
Asset Based Lending & Collateral Based Lending 2009
The U.S. economy is facing some challenging times & unfortunately, so are many U.S. based businesses. Many banks simply don’t want to give out any money right now.
This is despite a $350,000,000.00 injection into our economy by President Bush’s economic stimulus plan. That money just has not trickled down to the little guy and the average small to medium size business.
What can a struggling business do?
--One option is an asset based or collateral based lending program.
How does it work?
--Any business can qualify (even newer businesses AND businesses that are not cash flowing like they should AND businesses with less than perfect business/personal credit).
--You can get anywhere from 35-70 cents on the dollar (the average being 50 cents on the dollar) for your equipment. You basically sell your asset and lease it back (it’s a lease to own situation).
Here are some of the preferred assets: 
- Commercial trucks & trailers
- Construction/Yellow Iron
- Loaders
- Excavators
- Cranes
- Bulldozers
- Cash, CD’s, Bonds, Mutual Funds, Stocks, or any other Non Tax Advantage accounts
- Processing & Packaging Equipment
- Production Line Equipment
- Most Manufacturing Equipment
- Crushers
- Oil Rigs
- Bottling Plants
- Drilling Equipment
- In Some Cases, REAL ESTATE EQUITY
- And More
If your company can use a cash injection to jump start your business, give us a call @ 877-834-3247 or CONTACT US or APPLY ONLINE.
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