
asset based Lending
Our Asset Based Lending and Financing Program are designed for businesses, entrepreneurs, practitioners, and professionals who need industry specialized asset lending.
Asset-based lending is any kind of lending secured by an asset. This means, if the loan is not repaid, the asset is taken.
- 1. Copy of Credit Report within 30 days
2. 6 months bank statements
3. Front and Back of Driver License or Government Issued ID
4. Front and Back of Social Security Card
5. Articles of Business
6. The last 2 years tax returns
7. Profit and loss Sheet year to date
8. List of Assets must own (what is the asset and the value)
9. List of Assets that you have equity in (what is the asset, what is the equity in the asset, what is owed on the asset)
10. Summary about your business and how you plan to use funds