How To Start A Business With Asset Based Lending

Starting is business in any field involves a lot of hard work, not the least of which involves getting access to working capital. Instead of falling into the usual traps associated with loans and similar debt structures, many entrepreneurs are opting to start a business with asset based lending. At CNH Finance, we help emerging business owners grow and thrive in a competitive economy with asset based lending.

The Versatility Of Asset Based Lending For New Businesses

By starting a business with asset based lending, entrepreneurs are able to fill a number of needs, including:

  • Growth financing
  • Turnaround financing
  • Operating seasonal businesses
  • Employee Stock Ownership Plan (ESOP) capital
  • General working capital
  • Special situations that do not fir traditional loan programs

The Debt Trap

Many entrepreneurs start their businesses by seeking out traditional loans. While the qualification for traditional bank loans are prohibitively high, there is a larger concern at play. Loans provide a limited amount of financing and place debt on the balance sheets. Many new businesses fold because they cannot get out of debt, or the amount of debt becomes a black hole of sorts, preventing growth to the point that most revenue is going toward paying of the balance owed on previous loans.

Starting A Business With Asset Based Lending

To start a business with asset based lending, CNH Finance will perform an in-depth analysis of property owned by the company, such as:

  • Equipment
  • Vehicles
  • Inventory
  • Real estate
  • Receivables

CNH Finance will evaluate assets which are frequently overlooked by traditional lending institutions to provide the highest value asset based lending for new business owners. When starting a business with asset based lending, CNH Finance structures a revolving line of credit around the items listed above and more, giving emerging entrepreneurs access to the working capital and increased purchasing power they need to grow and thrive.

Starting A Business With Asset Based Lending Avoids Debt

Starting a business with asset based lending from CNH Finance helps entrepreneurs avoid the debt associated with traditional loans. Asset based lending is a debt-free solution which acts much like any business line of credit. Capital is accessed as it is needed and then the amount used is repaid. Unlike traditional loans, starting a business with asset based lending gives entrepreneurs access to a renewable source of capital.

Starting A Business With Asset Based Lending Promotes Growth

Asset based lending from CNH Finance helps new businesses to grow rapidly. By providing a debt-free source of working capital, new business owners can focus more on growth, without worrying about financial liabilities or compromised credit ratings. Additionally, as a business acquires new and improved fixed assets, or experiences an improvement in sales, CNH Finance will re-evaluate the asset based lending and increase the spending limit to reflect the internal growth.

Start Your Business With Asset Based Lending From CNH Finance

CNH Finance is committed to providing the best asset based lending for new business owners. If you are launching a new business, or are looking for sustainable sources of working capital, without taking on unnecessary debt, contact our offices. We will work with you directly to get you the best value for your business assets.

We offer several loan programs with flexibility to meet your needs, large or small.