An asset-based loan is an advance that is secured by collateral such as equipment, inventory, accounts receivable, or other property. Liquid assets are preferred over illiquid ones. Physical assets are considered risky but are nevertheless accepted as collateral. The terms and conditions of an asset-based loan depend on the type of collateral that is offered as security. Interest rates vary and are based on a number of factors. As a premier asset-based lending company, Alternative Funding Group takes pride in having the most reasonable terms available.
Businesses oftentimes need to resolve cash flow restrictions. They need to cover operational expenses such as payroll and/or improve cash flow for expansion. Traditional bank capital business loans are not their best option, especially if they are rich in assets. And a non-traditional asset-based loan is relatively quick and easy to obtain. They are also easier to manage and businesses only pay for what they use.
Alternative Funding Group is the most trusted asset-based financing group and lender of nontraditional business loans. The number of businesses we have worked with is commensurate with our willingness to help small businesses and entrepreneurs. It demonstrates our understanding of the unique needs and challenges that are found in various industries. No company is the same, and neither is every industry. At Alternative Funding Group, we pride ourselves in helping make business possible for companies as diverse as you can imagine.
How can Alternative Funding help businesses with Asset Based Lending?
Simply put, helping businesses is what we do, and asset-based alternative lending is just one of the ways in which we do it. As the #1 most trusted funding solution for growing businesses in a wide range of industries, we at Alternative Funding Group can help improve your company’s cash flow. We can help fund your business without any of the troubles associated with traditional lending solutions. Our terms and conditions make it as hassle-free as possible.
My experience with Alternative Funding with Asset Based Lending was amazing! I received a mail offer stating l qualified for either a refinance at a way lower interest rate OR option to trade in and jump in something newer for less than l was currently paying. While there, l was catered to with kindness and professionalism. I had many questions which they patiently answered and met all my needs. It worked out better for me to trade in my car which they worked hard to help me figure out a trade off because I was in a upside down situation. Nonetheless, it all worked out well, l left the same day with a newer upgraded vehicle and paying way less!! I left ecstatic
Excellent service I felt like they understood my needs and offered me good options that fit my criteria! Thank you so much!!! Five stars all the way!
I called and was at a dealership within 15 minutes and purchased a car! Hands down to Alternative Funding!
We providing capital funding for all business that qualify