An asset based loan is a loan that is secured by owned collateral. Typically, they may be secured by real estate, accounts receive, equipment or other property that may be owned by the business owner. This secures the loan for the lender, in cases where the borrower defaults on the loan, the lender  has the right to obtain the asset.

Learn how an asset based loan can help your business grow by completing our 15-second online application.

Yes, there are many options available for business owners to get a business loan without collateral.

Types of financing you may be able to get without having to provide collateral include:

• Term loans
• Lines of credit
• Merchant Cash Advance
• Equipment Financing

Explore different types of business loans that do not require collateral by completing our 15-second online application and speak with a business financing advisor today.

Business owners can get an asset based loan by researching lenders that off the product. Generally, an asset based loan is offered to small businesses that have assets available that can be used as collateral in order to receive financing. The asset may not be offered as collateral to another lender for any additional financing.

To learn how you can obtain an asset based loan for your business. Complete our 15-second online application today.