Asset Based Financing Guidelines

Asset Based Financing

APPROVAL AMOUNT

$100,000 - $1,000,000

TERMS

24 to 60 Months

CREDIT SCORE MINIMUM

550

ANNUAL REVENUE REQUIRED

$500,000 Yearly

TIME IN BUSINESS REQUIRED

2 Years

COST OF CAPITAL

Low/Medium 14% - 35% Monthly

TIME TO APPROVE

1 to 2 Days

DOCS REQUIRED FOR APPROVAL

Business Loan Application

6 Months of Business Bank Statements

Copy of Equipment Invoice

2 Years Tax Returns

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