Asset-Based Financing
Asset-Based Financing is a specialized method of providing companies with working capital that use accounts receivables, inventory, machinery, equipment, or real estate as collateral. With AF Solutions Source Asset-Based financing program, leverage your assets to access affordable capital.
AF Solutions Source
Asset-Based Financing Process
Getting the funds for your business is simple. With our quick application process, you’ll have additional funding in no time. Our process is broken into 4 steps: Apply, Qualify, Receive, and Reimburse.
You or a financial expert from your organization fills out a brief business funding application and sends it to our team along with bank statements of the business over the last three months. We also need information about the asset that is being used as leverage.
Our team will review the information you’ve provided. Generally, most inquiries get approved within a matter of hours.
Receiving your new funding from AF Solutions Source can take 24 hours or less! If there are no hiccups in the application and qualifying stages, we can get the funds to you within 24 hours after approval. Our goal is to get your business funds into your hands as fast as possible. We will work with you to make sure that happens.
The cost of Asset-Based Financing depends on the value of the asset used, the amount of the financing given, as well as the general risk involved.