SERVICE
Asset Based Lending
About Asset Based Lending
An asset-based loan is an advance that is secured by collateral such as equipment, inventory, accounts receivable, or other property. Liquid assets are preferred over illiquid ones. Physical assets are considered risky but are nevertheless accepted as collateral. The terms and conditions of an asset-based loan depend on the type of collateral that is offered as security. Interest rates vary and are based on a number of factors. As a premier asset-based lending company, Axiom Funding Solutions takes pride in having the most reasonable terms available.
- Loan Secured by Collateral
- Increased Cash Flow
- Low Interest Rates
Why do businesses need Asset Based Lending?
Businesses oftentimes need to resolve cash flow restrictions. They need to cover operational expenses such as payroll and/or improve cash flow for expansion. Traditional bank capital business loans are not their best option, especially if they are rich in assets. And a non-traditional asset-based loan is relatively quick and easy to obtain. They are also easier to manage and businesses only pay for what they use.
Who is Axiom Funding?
Axiom Funding Solutions is the most trusted asset-based financing group and lender of nontraditional business loans. The number of businesses we have worked with is commensurate with our willingness to help small businesses and entrepreneurs. It demonstrates our understanding of the unique needs and challenges that are found in various industries. No company is the same, and neither is every industry. At Axiom Funding Solutions, we pride ourselves in helping make business possible for companies as diverse as you can imagine.
How can Axiom Funding help businesses with Asset Based Lending?
Simply put, helping businesses is what we do, and asset-based alternative lending is just one of the ways in which we do it. As the #1 most trusted funding solution for growing businesses in a wide range of industries, we at Axiom Funding Solutions can help improve your company’s cash flow. We can help fund your business without any of the troubles associated with traditional lending solutions. Our terms and conditions make it as hassle-free as possible.
Industries for Asset Based Lending
Trucking Asset Based Lending
Have you been struggling to keep your trucking company afloat? We offer asset based lending as a popular funding option for trucking companies with a bad credit rating who do have collateral. Axiom Funding Solutions can help alleviate some of those challenges to help grow your trucking business. Asset based lending is an excellent option for trucking companies that need help with cash flow, company expenses, and buying new equipment because they allow you to borrow against the assets of your business, like equipment or accounts receivable.
Axiom Funding Solutions is a direct lender providing working capital solutions. We are driven to keep the American dream alive. When you need fast funding to get your trucking business growing, Axiom Funding Solutions is the best option for asset based lending. Our efficient process and quick turnaround time mean that you can get the funding you need within 48 hours of submitting your application and documents.
Asset based lending can provide the assistance your trucking company needs to help you purchase new assets like trucks or trailers to grow exponentially. We review your whole financial picture instead of just looking at your credit score, which can be misleading. If you want more information about getting you fast funding, contact us today!
Hotels and Lodging Asset Based Lending
Are you a business owner in the hospitality industry struggling to secure financing due to bad credit? This type of funding is based on the value of the assets owned by the hotel and lodging business rather than the credit score. Asset based lending is an ideal option for hotel and lodging businesses that need funding but doesn’t have strong credit scores. With asset based lending, your hotel and lodging business will use its assets as collateral for a loan.
Asset based lending is becoming more popular among hotel and lodging companies that lack good credit histories or scores. If your hotel or lodging business needs help with their cash flow, asset based lending allows you to borrow against your assets and obtain fast financial assistance to move ahead with your plans, dreams, and business.
There is still hope when banks are hesitant to loan because of an applicant’s credit score. Alt Funding provides asset-based lending that focuses on the collateral instead of the credit and dreams big with you to make things happen. If you want fast business funding for your hotel or lodge but have been turned down by traditional lenders because of less than perfect credit, we can help provide funding solutions. You don’t have to continue putting the success of your business at risk. Contact us today if you’re interested in learning more about how asset-based lending could work for your hotel or lodge business.
Restaurants and Bars Asset Based Lending
If your restaurants and bars have been denied funding from a traditional lender and you just took another ding on your credit score, and it wasn’t perfect to begin with – chances are we can help with our asset based lending solution.
Axiom Funding Solutions is a direct lender and leader in Axiom Funding in the United States. We have funded over $250 million to businesses that needed fast funding. Our asset based lending is becoming more popular as restaurants and bars that do not have favorable credit ratings can now qualify for funding using their assets as collateral.
Asset based lending from Axiom Funding Solutions is great because they help restaurants and bars bridge the gap between cash flow, expenses, and equipment purchases by borrowing against what you already have. If you have a restaurant or bar that needs some funding for expansion, remodeling, equipment upgrades, or other capital expenses but don’t have the credit to qualify for traditional loans, consider asset based lending from Alt Funding. This type of lending is available to any restaurant or bar with collateral and can be used by restaurants and bars that may not otherwise qualify because they lack good credit scores. Contact us today, and we’ll work alongside you and your team every step of the way.
Landscaping Asset Based Lending
Asset-based lending is an innovative way for landscaping companies without good credit to quickly get the funds they need.
Asset based lending is a type of borrowing that can come from any company asset, such as inventory or equipment. Axiom Funding Solutions will focus on ensuring the quality and value of your collateral instead of your credit rating.
Our asset-based lending solution is a popular option for landscaping companies that don’t have an excellent credit rating but do have collateral. This fast funding option allows landscaping businesses to get cash flow assistance and easily purchase new equipment because it uses assets as security against the loan amount.
You may not have the credit score you once had, but that doesn’t mean you don’t deserve access to capital for your landscaping company. Axiom Funding Solutions specializes in asset based lending, which means we look past bad credit scores and instead focus on your assets as collateral – like equipment, inventory, receivables, and real estate with equity. Talk to one of our business funding experts today.
Auto Repairs and Sales Asset Based Lending
Auto repairs and sales businesses may run into situations where they need capital fast and cannot qualify for a traditional loan with a bank. Axiom Funding Solutions can help with our asset based lending solution. We’ve helped many auto repairs, and sales companies get the funding they needed with flexibility and less stringent requirements.
Asset based lending is a type of quick business funding that involves borrowing against your auto repairs and sales company’s assets. Axiom Funding Solutions will evaluate your assets, whether inventory or equipment or accounts receivable, to determine the collateral value of your auto repairs and sales company. The significant advantage of asset-based lending over traditional bank loans is that you don’t need excellent credit.
If you are an auto repair and sales business owner and have been turned down for a traditional business loan because of your credit score, there is hope. Our asset based lending option can provide your auto repairs and sales business with much-needed capital even with bad credit, as long as there is collateral. Alt Funding focuses on the collateral instead of the credit score to help auto repair and sales companies overcome obstacles or grow in size so they can stop worrying about their finances. Contact Alt Funding today to get started.
Liquor Stores Asset Based Lending
Axiom Funding Solutions will look at more than your credit score when your liquor store needs business funding fast. If your liquor store is in need of increasing cash flow and you know you won’t meet the strict requirements necessary for a bank loan, our asset based lending option may be the capital solution you need.
Asset based lending has been around for quite a while, but its recent popularity can be attributed to the economic climate. This type of loan focuses on what you have as collateral – either your inventory or equipment in some cases- rather than immediate revenue and your credit score.
Alt Funding is a direct lender that offers asset based lending, which means they focus on the assets of liquor store applicants instead of their credit score. This type of fast funding can be ideal for liquor stores, as it provides them with needed capital even if their credit isn’t perfect by using assets as collateral. Contact ou
Construction and Contracting Asset Based Lending
Construction and contracting companies jump from project to project and often need more capital to keep things juggling. If you’ve missed some points on your credit score and it is holding you back from growing, our asset based lending option may be your best solution. Don’t miss out on increasing your construction and contracting company’s revenues because of bad credit.
Axiom Funding Solutions provides asset based lending, a type of borrowing that occurs when construction and contracting companies use their assets as collateral. This can include anything from inventory and equipment to account receivables, and then we focus more on the collateral and track record than credit ratings.
If you’re a construction and contracting business owner who needs fast funding, don’t worry. You are not alone. We know how frustrating it can be to find the right business funding solution for your construction and contracting company when traditional banks won’t work with you because of credit problems. We focus on assets to use as collateral instead of credit scores, so no matter what your personal story is, chances are that we will have an asset based lending option available to help get you to move forward as we provide much-needed funds for your construction and contracting business. Contact us today!
Real Estate Asset Based Lending
If you’re ready to invest and banks say no, we may have a solution with our asset based lending. Our requirements are less strict, and we’re more flexible than traditional lending. We may be able to get you the capital you need quickly to take advantage of the deal.
Axiom Funding Solutions offers asset based lending to real estate companies throughout the United States. This type of loan occurs when real estate companies use their assets as collateral. They can include anything from property to inventory and equipment to account receivables. Alt Funding focuses more on the available assets than the credit scores.
We provide a quick funding solution for real estate businesses to get the capital they need. Axiom Funding Solutions provides asset-based lending, which means that if you have assets your real estate business can use as collateral, then you can get approved even with less than perfect credit. If this sounds like something that would be helpful for your real estate business, complete our easy-to-use online application. We know how hard it can be to find real estate business funding when everyone seems focused on just good credit scores – give us a call today!
Cannabis Asset Based Lending
We recognize a cannabusiness business may need capital quickly for various reasons. Additionally, we understand keeping a perfect credit score is challenging. If you’ve had hiccups along the way, and your history and score are not where it needs to be for a traditional bank loan, our asset based lending option may help your cannabis company get the capital it needs quickly.
As a direct lender, we provide better rates and flexibility with our asset based lending options. We believe that all cannabis businesses deserve an opportunity to succeed. That’s why Alt Funding focuses on the collateral instead of credit score when determining eligibility for asset based lending. This way, cannabis companies can qualify for much-needed capital even if their credit isn’t perfect.
There is hope if you are a cannabusiness that banks have turned down because of damaged credit. We offer asset based lending as an option to the cannabis industry with collateral but bad credit scores. Contact Alt Funding today for assistance in getting your funding needs met so you can move forward with your business goals without being held back by undesirable past mistakes or limited access to capital.
Lawyer and Law Offices Asset Based Lending
Has a bank turned you down for a much-needed business loan? If your law office has bad credit, our asset based lending solution may be able to get you the funding you need fast. There’s hope, and you don’t have to be held back from moving ahead because of bad credit.
The underlying principle of this type of asset based lending is the use of collateral, not just a good credit score, which means even if your law office has struggled financially or had some setbacks, you may be able to get the capital needed for growth through our asset based lending options. Our knowledgeable team will work closely with you in getting your loan approved.
With Alt Funding, you can partner with a direct lender specializing in asset based lending to lawyers and law offices. We offer a variety of collateral-based funding solutions to help your law office move forward in its growth despite credit challenges. If you have been turned down for loans from banks because of bad credit, consider partnering with us today.
Retail Store Asset Based Lending
In a world where businesses are constantly looking for loans to expand and keep up with the competition, it’s disheartening when retail stores are turned down for a loan because of their bad credit. With Axiom Funding, we understand it is challenging to keep the score where it needs to be consistently. We provide asset based lending to retail stores to get the capital necessary to grow and succeed.
The options for funding a retail store without excellent credit are limited, and collateral-based lending can be one way to solve that problem. Asset based lending refers to borrowing against assets of the retail store – usually inventory or equipment but sometimes account receivables as well. Axiom Funding Solutions offers this kind of loan, emphasizing what you have rather than your credit score!
It can be challenging to get the capital needed for your retail store with bad credit. Asset based lending from Axiom Funding Solutions is a great alternative that focuses on collateral instead of your credit score to help you overcome obstacles or grow. We are national leaders in Axiom Funding and offer asset based lending throughout the United States. Contact us today.
Beauty Salons and Spas Asset Based Lending
Debt is a common issue that beauty salons and spas face. It can be challenging to get a traditional loan from a bank when your credit score is low. This can put beauty salons and spas in a tough spot when they need money for equipment, supplies, renovating, or growing. Thankfully, solutions are available that can help your beauty salon and spa move ahead.
Asset-based lending is a popular option for beauty salons and spas with bad credit ratings but does have collateral. Axiom Funding Solutions offers asset based lending focusing on assets instead of your revenue and credit score.
If you’re a beauty salon and spa owner with bad credit, but good collateral, asset-based lending could be your saving grace. Alt Funding is one of the top providers in Axiom Funding and has been helping businesses throughout the United States. We’ve already funded over $250,000,000 to businesses to help them succeed. Our focus has always been to help beauty salon and spa owners overcome obstacles or grow by providing them access to capital that would otherwise never be available because of poor credit scores alone. Contact us today if you want more information on how we can help your beauty salon and spa thrive again.
Medical Practices Asset Based Lending
If your medical practice needs capital, but you have bad credit and know a traditional loan is not an option, asset based lending may be a good option for you. Asset based lending allows you to borrow against the assets of your business, which can be an easy way to get the money you need without having to worry about your credit score or history. So if your medical practice needs a way to get the funding you need quickly, be sure to explore all of your funding options, including asset based lending from Axiom Funding Solutions.
Asset-based lending has become an increasingly popular option for medical practices that can’t get loans from traditional sources. Asset-based lenders focus on the collateral instead of your creditworthiness. We offer this type with a strong emphasis on inventory or equipment instead of account receivables because they are less risky if there’s not enough income at first.
Asset based lending from Axiom Funding Solutions is an option that provides medical practices with much-needed funds as long as there are assets available to use as collateral. So contact us today, and let’s get started.
Drug Treatment Centers Asset Based Lending
If you own, operate, or manage a drug treatment center, you know that capital is one of the most important things you need. And if your credit score is not as good as it could be, traditional lending options may not be available for your drug treatment center. Asset based lending may be a good option to help your drug treatment center obtain the capital it needs.
This can be a great solution if you need money quickly to keep your drug treatment center running smoothly.
We know that not all drug treatment centers can secure loans from traditional sources. Our asset based lending option focuses on providing the fast business funding you need using collateral instead of focusing on your credit score. Alt Funding can help drug treatment centers overcome obstacles by using asset based lending to move ahead.
We’ve talked about how bad credit scores can be a significant obstacle for drug treatment centers. But there is hope! Alt Funding provides asset based lending to businesses with collateral that have damaged credit scores. The underlying principle of this type of funding is the use of assets, not just good credit history. Let’s talk today about what you need—Alt Funding offers flexible terms, so your company has the freedom it needs while still getting access to capital when needed.
Accounting Asset Based Lending
When you think of a typical bank, the first thing that comes to mind is loans for businesses with good credit. What about accounting businesses that don’t have perfect credit? We offer business funding options even with less than perfect credit scores as long as collateral.
Accounting businesses are a vital part of the business world, but they have trouble getting the capital they need to grow and succeed. If your accounting company has bad credit, which makes it difficult to get traditional loans from banks, our asset based lending option may help. This can be an excellent option for accounting businesses that need capital but can’t get it from other sources.
When you need to borrow money but your accounting company doesn’t have a perfect credit rating for a traditional loan, Axiom Funding Solutions may have the solution you need. Asset based lending is a popular option, and our team specializes in helping you obtain the fast Funding you need. We focus on collateral instead of your credit scores.
Contact us today if this sounds like something that could help your accounting business grow or even get over an obstacle. Let us put together something to help you move ahead with the capital you need.
Staffing Asset Based Lending
Do you have a staffing agency that needs quick capital, but your credit history holds you back from obtaining a bank loan? Asset based lending may be a viable option for your staffing company. This type of lending can help you get the money you need to grow your business – even if your credit score is low.
Asset based lending can be an excellent option for staffing companies. With our asset based lending option, we help staffing companies meet payroll costs, recruit talent, and expand their services when they need it most!
Alt Funding may have the answer for your staffing businesses that lack perfect credit but still need to borrow capital. We focus on your assets that can be used as collateral, not just your credit score. If this sounds like something that could help your staffing company, call us today.
Insurance Asset Based Lending
Don’t despair if you are an insurance agency owner or manager with bad credit. You may still be able to get the financing you need through an asset-based lending arrangement.
Asset-based lending is a great option for insurance companies that need help with cash flow, company expenses, and buying new equipment. Our asset based lending option allows an insurance agency to borrow against your assets which means any size business can use it without first proving its solvency or credibility in the marketplace.
Asset based lending has been growing steadily over recent years because they don’t require excellent credit ratings but do ask for some form of collateral. Alt Funding wants to help you get the money that your insurance company needs. Contact one of our funding experts today and see how we can help with our asset based lending option, so funds do not have to stand in the way of your success.
Gas Station Asset Based Lending
Have you ever been in a situation where you needed money but didn’t have the best credit? If you are a gas station owner finding yourself in this predicament and are struggling to get the capital you need, asset based lending may be a good option for you.
Asset-based lending has become a popular option for gas stations with an excellent credit rating but still need the money. Asset based lending allows larger gas stations to borrow against their assets if required to get some financial relief.
Alt Funding is here when you’re ready to take your gas station to the next level or overcome obstacles. We offer asset based lending that doesn’t rely on your credit score; instead, we focus solely on collateral. So if you need fast funding for a new product launch, expansion, marketing campaign, or other reason and have assets like equipment or real estate available as collateral, we can help your gas station move forward. Contact our team of experts today who will work with you every step of the way to get your gas station the funding needed quickly and efficiently.
Manufacturing Purchase Order Financing
Asset based lending allows manufacturing companies to borrow against their assets and equipment while they’re currently using them to get access to the funds necessary as soon as possible with little hassle or risk involved! Alt Funding is a direct lender providing asset based lending so your manufacturing business can have the capital it needs.
With this type of funding option, manufacturing companies might want to look into asset based lending if they face a challenging economic environment and need help during the slow season. Our asset based lending option can take advantage of ample opportunities outside the usual course for manufacturing businesses, helping with cash flow when it’s needed most!
Manufacturing businesses with bad credit often have difficulty obtaining the funding to grow their company. Fortunately, asset-based lending options can help manufacturing businesses overcome these challenges and get back on track. We provide asset-based lending, providing manufacturing businesses with much-needed capital fast even if you have a low credit score but do have assets to use as collateral. This type of financing works by assessing your assets instead of your credit score. Contact Alt Funding today if you’re interested in learning more about asset-based lending for your manufacturing business.
Gym and Fitness Asset Based Lending
If your gym and fitness center needs some quick capital and you have bad credit, you may be wondering if there is any way to get the money you need. Axiom Funding Solutions has helped many gym and fitness centers in similar situations. Our asset based lending can help you get the money you need quickly so that you can continue to run your gym and fitness center smoothly.
Alt Funding is an asset-based lender that provides gym and fitness centers with much-needed capital fast, even with bad credit. They focus on the collateral instead of your credit score to give you the quick funding you need when traditional banks don’t help. We’ve funded over $250 million to businesses throughout the United States to help them move ahead with the fast funding they require.
If this sounds like something, your gym and fitness center could use, contact us today. You deserve access to all available resources to grow your gym and fitness center, so let us help you overcome the financial obstacles that are holding you back from reaching for success!
Transportation Asset Based Lending
Don’t give up if your transportation company needs money but doesn’t have a good credit score and has had difficulty obtaining traditional funding. There are other alternatives to getting the fast business funding your transportation company needs. Our asset-based lending solution from Axiom Funding Solutions might be an option to help your transportation company move ahead. Asset based lending is excellent for transportation businesses with significant assets like inventory and equipment. They can be used as collateral for asset based lending instead of needing up-front cash.
With asset based lending, we evaluate what items you own when deciding the terms of your loan and overlook less than perfect credit scores. There are many different ways to acquire fast business funding for your transportation business. At Alt Funding, we provide asset based lending so that transportation businesses can get the capital they need quickly without having to wait months or even years while their credit score improves.
Don’t give up if you’ve been turned down for a business loan and your credit is bad. We work with you to provide the funding you need to allow your transportation business to move ahead. At Alt Funding, we offer asset based lending as an option for transportation companies that may have collateral but experience damaged credit scores (we understand how damaging it is when banks turn us down). The underlying principle of this type of asset based lending is the use of collateral, not just a good credit score. We want to help make financing possible for more businesses like yours- let’s talk about what we can do together!
Agriculture Asset Based Lending
Asset-based lending is an excellent option for agriculture companies that need help with cash flow, company expenses, and buying new equipment. Asset based lending allows you to borrow against your A/R inventory or assets, which gives an instant credit line without having perfect financials like those with excellent ratings can get in the market today. After approval, it takes about 24 hours before funds are disbursed.
Most agriculture business owners know that to expand or grow, they need capital. Unfortunately, finding a loan with flexible terms can be difficult because of bad credit and other obstacles. We can focus on your assets rather than your credit score with our asset-based lending option.
Axiom Funding Solutions uses our expertise to evaluate what you have available as collateral for an asset based lending option so you can get fast funding fast even if obtaining traditional loans has been challenging due to complex requirements like high revenue levels or perfect credit scores.
We know that bad credit can be a huge barrier to growth for many businesses. At Alt Funding, we believe in providing asset based lending solutions and want to help you get the funding you need fast. If your agriculture company has been turned down by a bank or other traditional lenders due to low credit scores, let us partner with you for an asset based lending solution today! Bad credit doesn’t have to hold you back from achieving success and growing your business. Contact us today.
Information Technology Asset Based Lending
Over the last few years, asset-based lending has become an increasingly popular option for information technology companies with a less than perfect credit rating but still want to get some cash into their business. It can be used by any size information technology company with inventory or equipment worth borrowing against—and it’s often necessary when you need help paying expenses such as staff costs and new equipment purchases.
Suppose you’ve been looking for a way to get the capital your information technology business needs without all of the traditional restrictions. In that case, asset based lending may be just what you need. Alt Funding is a leading alternative lender in the United States and has provided nearly $260 million to businesses to help them move ahead. So count on us for asset based lending.
We’ve talked about how asset based lending can be a possible solution for businesses with collateral but bad credit. Our experienced team at Alt Funding is ready to help get your business moving ahead again by providing asset based lending backed by valuable assets like equipment, inventory, accounts receivable, and more. Contact us today to see if our direct lending option might work for your situation.
RECOMMENDATIONS FROM OTHER BUSINESSES
My experience with Axiom Funding with Asset Based Lending was amazing! I received a mail offer stating l qualified for either a refinance at a way lower interest rate OR option to trade in and jump in something newer for less than l was currently paying. While there, l was catered to with kindness and professionalism. I had many questions which they patiently answered and met all my needs. It worked out better for me to trade in my car which they worked hard to help me figure out a trade off because I was in a upside down situation. Nonetheless, it all worked out well, l left the same day with a newer upgraded vehicle and paying way less!! I left ecstatic
Wilma R.
Excellent service I felt like they understood my needs and offered me good options that fit my criteria! Thank you so much!!! Five stars all the way!
Cynthia D.
I called and was at a dealership within 15 minutes and purchased a car! Hands down to Axiom Funding!
Myla R.
FREQUENTLY ASKED QUESTIONS
Get answers to questions from our other clients
Asset-based lending, also known as asset-based financing, is any type of loan that is secured by an asset, such as inventory, equipment, accounts receivables, or other property. If the loan is not repaid, the asset is taken. The terms and conditions of an asset-based loan depend on the type and value of the asset used as collateral. Highly liquid assets are preferred over physical assets, and interest rates vary. Interest rates depend on a company’s cash flow and length of time in business.
Collateral in asset-based lending can be inventory, equipment, receivables, or other property. However, highly liquid assets are preferred over illiquid ones. If a borrower fails to repay the loan, the lender might have a difficult time converting a physical asset into cash quickly. Accounts receivables and other highly liquid assets are preferred over physical assets, and in many cases, they allow for a higher loan amount.