Asset-Backed Funding
Get the cash flow you need by leveraging your business assets.
SmartFund RE introduces Asset-Backed Funding—a game-changer for savvy entrepreneurs. Perfect for those who want to secure funding without relying solely on credit scores.
What is Asset-Backed Funding?
Asset-Backed Financing lets you borrow against the value of your business assets—think inventory, equipment, or real estate. It’s a smart way to get the funds you need while keeping your business moving forward.
How It Works:
Funding Amount and Terms: You can get up to 80% of your property value minus any existing debt. For example, if your property is worth $500k and you owe $200k, you can get up to $200k in funding.
Terms: Interest rates typically range from 7.5% to 8.5%, with loan terms up to 5 years and amortizations up to 30 years. Enjoy manageable monthly payments.
Asset-Based Lending Highlights:
General Guidelines:
Assets must be commercial or developable land.
Land equity must be valued at $1,000,000+.
Commercial property must be valued at $125,000+ (no residential properties or rentals).
Minimum equity in property: 20%+.
Must have a business checking account in the business name.
2+ years in business.
$75,000+ in monthly sales.
Owner must have a 600+ FICO score.
Why wait? Seize the opportunity to fuel your business growth with our Asset-Backed Funding.