We can help you secure an asset-based loan.
Asset-based loans are a type of business financing secured by your assets. The assets used to back your loan can include real estate, accounts receivables, inventory, equipment, or something else. The value of the assets you use as collateral determines the amount of capital you can acquire.
The main feature of asset-based loans is that you use assets as collateral. If you end up defaulting on your loan, your lender can seize and sell the pledged assets to recover their losses. You can also secure your asset-based loan using a variety of assets, depending on what you and the lender agree.
For many businesses in Baton Rouge, Louisiana, asset-based loans are used to provide working capital for their operation. This can be particularly useful if your company has significant assets but needs additional liquidity to support its growth, day-to-day operations, or other financial needs.
At TB Capital Partners, asset-based loans are one of the many types of lending products we offer. If you want to acquire an asset-based loan, we can help you understand your operations and guide you through the lending process. If approved, we will fund your loan quickly, so you can begin to benefit from this influx of capital.
When you need capital and your business has assets that can be used as collateral, we highly recommend an asset-based loan. To learn more about asset-based loans or to start your lending application, reach out to us today.
At TB Capital Partners, we offer asset-based loans to customers in Covington, New Orleans, and Baton Rouge, Louisiana.
