Asset Lending Financing
A Corporation or Small Business can borrower against their assets with an asset loan. Borrow against 50% of your assets value or up to $50 million dollars, with funding in a minimum of 2 weeks or less.
Asset borrowing requires a conforming lender in place. The ability to receive a commitment to lend, loan structure and terms, appraisal and to implement a date to achieve an expedited closing is all determined by our private funding source. The lenders we represent guarantee an asset loan upon verification of your assets and determined value.
Asset lenders, lend based upon the appraised value of the instrument to be borrowed against a direct lending option to acquire a substantial amount of capital and liquidity with a non-recourse solution.
If you are in need of capital and the owner of substantial assets we can help, The private funding sources we represent can approve and fund an asset loan with annual interest only payments and provide the borrower with a quick closing.
Asset Lending Guidelines
• Art work
• Real Estate
• Precious stones
Borrowers requesting up to $50 million against assets they own Domestically or Internationally
Maximum Loan of $50 Million
The asset Lender we represent will structure their loan with up to a 50% loan to value (LTV) against the current as is value of assets being offered as collateral and will be secured with a first lien on the collateral. As is value is the price that could be obtained in selling the collateral in a 6 month marketing period to be confirmed by appraisal.
The loan will be structured as a 1 to 5 year interest only facility. Their are no prepayment penalties; their is a closing fee of 5 points to the lender on the loan amount. The interest rate will jump if the borrower stays in the loan past the first year and if the borrower stays in the loan past 2 years.
If needed the lender will allow the borrower to set aside funds from the loan to pay to pay the debt service for a period of time.