Asset-based lendingPosted by Fleming Rogers on February 5th, 2021 Asset-based lending is the next step following the invoice factoring process. Although invoice factoring provides you with the opportunity to access funds to cover the expenses of your immediate operational and working capital requirements it may however not be sufficient enough to accommodate the growing needs of your business. Asset-based lending uses your business's assets as equity and gives you greater access to cash. Acquiring an asset-based loan through Viva Capital Funding, LLC will provide you with more flexibility and an easier route to approval than applying for a traditional loan. To make an asset-based loan work for you you have to meet a minimum threshold of 0 000. Anything less than this will qualify you for invoice factoring. With over 100 years of combined industry experience, we have the expertise to help guide you in making the right decision for your business. Both of these are designed to assist you in times of financial need to ensure that your business's growth potential is not inhibited both now and in the future. asset based lending The qualifications associated with asset-based lending are minimal and don't require specific collateral, you don't need to have a stellar credit history, your business can be a startup or establish to qualify and there is minimum documentation to be submitted for approval. To find out more about our asset-based loans and how they can help you reach your business goals contact Viva Capital Funding, LLC today.Like it? Share it! |