ASSET-BASED LENDING SERVICES
We provide lines of credit to businesses that use their tangible assets as collateral. Here are some examples of collateral:
- Accounts receivable
- Inventory including marketable raw materials
- Machinery and equipment
- Owner-occupied real estate
- Personal assets
ADVANTAGES OF ASSET-BASED LENDING
If your company finds itself short of cash and unable to secure working capital from traditional lenders, we can help.
We recognize that companies generally need to access asset-based lending in certain difficult situations. Here are some of them:
Insufficient track record
Need for inventory financing
High amount of accounts payable
Operating losses
Little or no equity
Delinquent taxes/tax liens
Bankruptcy
Foreign account debtors
To find out what information Greenfield Commercial Credit needs to get you started, just click here.
