Asset-Based Loans

ASSET TYPES: Commercial Real Estate, Equipment, Assignable Assets, Stocks, Bonds, Sports Contracts, Precious Metals, Accounts Receivable, Cash, Gems, Fine Arts, etc.

Also, other Asset-Based collateral (potential value) that can be used for loan purposes include:

Business Based: Accounts receivable, aerospace leases, Bankruptcy Chapter 11, Bankruptcy receivables, Commercial contracts, Commercial deficiency portfolios, Commercial leases, Construction receivables, Equipment leases, Equipment timeshares, International receivable, Letter of Credit, Medical receivables, Partnership agreements, Purchase orders, Sports contracts, Trade acceptance drafts, Vendor carry-back paper, and Warehouse inventory lines. Collateral Based: Aerospace notes, Automobile notes, Business notes, Collectibles notes, Equipment notes, Homeowner/condominium assessments, Marine notes, Mobile home notes, Private mortgage notes, RV/Motor home/and business vehicle notes, and Tax lien certificates and tax deeds. Consumer Based: Cemetery pre-need contracts, Certificates of deposit, Consumer contracts, Credit card charge-offs, Delinquent debt, Health and country club memberships, Inheritances, Trust advances, License impounds, Retail installment agreements, Student loans, and Timeshare and vacation club memberships. Contingency Based: Commercial judgments, Commissions, Consumer judgments, Corporate charitable contributions, Franchise fees, License fees, Royalty payments (including mineral rights fees), and Sales revenue Government Based: Farm contracts and conservation reserve payments, Lottery winnings, and Tax refunds. Insurance Based: Annuities, Casino winnings, corporate retirement plans, Funeral purchase assignments, Life settlements, Prizes and awards, and Structured settlements and class action awards.

Asset-Based Loan Terms

LOAN AMOUNT RANGE: $1M to $100M.

TIMING: Loan decisions can typically be made within 24 hours from the receipt of the required items and documentation needed by underwriting; after loan approval and depending on the attorney's time to draw up the loan agreement/contract, funding can occur within 3 to 7 days thereafter.

LOAN TERM: 6 to 12 months or longer

LOAN TO VALUE: 50% to 90%, depending on the asset/collateral.

Terms: The funding parameters, specific terms, timing, and costs will be based on the business analysis and overall risk assessment and strength of the project and the Principals. Since our sources are very competitive, the Principals' project will receive the rate and terms that it deserves.