Collateral Only Loans : Asset Based Lending
Under our collateral only loan program we just need an application and the equipment list. Here are our acceptable equipment value guidelines as to what we can loan against:
- Used equipment: We loan up to 75% of the equipment forced liquidation value.
- New equipment: We loan up to 80% of the new equipment cost.
- Application
- Collateral list or invoice
- NO FINANCIALS REQUIRED
- NO TAX RETURNS REQUIRED
- NO BANK STATEMENTS REQUIRED
Henry Grace | Collateral Only Loans | 800-226-0049 | info@collateralonlyloans.com
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