| ASSET BASED LENDING |
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KCI Business Finance offers a broad range of non-traditional business credit solutions. Through our large network of Asset Based Lenders we can help you overcome and resolve complex financing issues and provide a timely response to your needs.
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Asset based lending is a unique type of loan that is secured by a specific asset or a combination of assets, usually its accounts receivables and/or inventory. The company in need of funding pledges its assets, as collateral, for a loan given by a financial institution. Asset based lending can be a great source of working capital for companies experiencing rapid growth and can be used for other purposes as well. With asset based lending, the company does not have to give up ownership to obtain working capital which is the case with equity financing.
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| KAsset based loans are perfect for:: |
- Financing expansion
- Acquisitions and business mergers
- Management buy-outs or buy-ins
- Turnaround financing
- Refinancing existing business loans
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| Why consider asset based financing for capital? |
- Leverage sales growth today
- Commercial real estate and equipment assets can be used
- The lack of flexibility through regular bank financing is no longer an issue
- Revolving credit lines can be secured by raw materials and finished goods inventory
- Access cash that is invested in infrastructure
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| Asset based loans are typically secured by the following types of collateral: |
- Accounts Receivable
- Inventories
- Machinery and Equipment
- Real Estate
- Certain Intangibles
Call us today for more information. |
