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Writer's pictureMOISHE HECKSTALL

ASSET BASED LENDING



1 Maiden Lane Floor #7, New York, N.Y. 10038

(212)381-9349/ (347) 884-2635/ (347) 813-9943

INFO@AUXILIARYFUNDING. COM

AUXILIARY FUNDING








 




The cost of operating a business averages American small to medium sized businesses(SMB) more than $100,000.00 per year. With the greatest expense being equipment and property. This leaves many business owners with assets owned "free and clear"(zero balance). The value of this equipment and property have retained their value if not increased in todays economy!

What Is Asset Based Lending?


Asset based lending is simply using your commercial property or equipment as collateral to receive the funding you are looking for. Owning your property or equipment free and clear qualifies you automatically.

EQUIPMENT; HEAVY EQUIPMENT, TRUCKS(NO OLDER THAN 2016)

TRAILERS, TRACTORS MINING, LOGGING ETC.

PROPERTY; ALL COMMERCIAL PROPERTY

MINIMUM $200,000 in value.

(ALL PROPERTY AND EQUIPMENT MUST BE OWNED. WITH A ZERO BALANCE)


 


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