Businesses can leverage various assets to secure financing, including:
With over 30 years in the financial services industry, Miles Capital Partners brings unparalleled expertise. Our track record of client success speaks volumes, and we prioritize personalized service tailored to your unique business needs.
A: Asset-based financing utilizes your company’s assets, such as inventory, accounts receivable, or equipment, as collateral to secure funding. This flexible financial solution provides accessible capital for business growth and operations.
A: Eligibility for Asset-Based Financing is based on the value and quality of your company’s assets rather than solely on credit history. This makes it suitable for businesses with limited credit or unique financial situations.
A: Assets commonly used as collateral include inventory, accounts receivable, equipment, machinery, and real estate. These assets provide security for lenders, enabling them to offer flexible financing options. Contact Miles Capital Partners for more information.
A: Asset-based financing focuses on the value of your assets, while traditional bank loans often rely on credit history and fixed assets. Asset-based financing offers flexibility, scalability, and quicker access to capital compared to traditional financing.
A: The terms and conditions of Asset-Based Financing vary based on the lender, asset value, and specific financing agreement. Terms may include interest rates, repayment schedules, collateral requirements, and borrowing limits. Contact Miles Capital Partners for a detailed discussion.
A: Yes, Asset-Based Financing can improve cash flow by converting assets into working capital. This accessible capital can be used for day-to-day operations, expansion projects, inventory purchases, and more.
Contact Miles Capital Partners to discuss your business goals and explore our asset-based financing solutions.
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