Asset Based Loans

Discount Capital goes the Extra Mile to get your business the equipment it needs. We have the ability to finance anything your business needs.

An asset-based loan is a loan, often for a short term, secured by a company's assets. Real estate, A/R, inventory, and equipment are typical assets used to back the loan. The loan may be backed by a single category of assets or some combination of assets, for instance, a combination of A/R and equipment.

Advantages for borrower

True asset based or "Equity based" lending is easier to obtain for borrowers who do not conform to typical lending standards.

• They may have no, little or terrible credit.
• They may have little income to support the payments, and may need to rely on the loan itself to pay back the lender until the property is either sold, refinanced, or their income resumes.
• They may also have little or no down payment on a large commercial purchase transaction, as would otherwise be required, because they are buying it under value.
• They may have struck a deal with the seller to lend them the remaining balance of the purchase price, not covered by the first position mortgage.