Cashflo IT

Asset Based Financing

Asset-based financing provides an alternative route for individuals seeking to buy a home, especially those who may not meet the criteria for conventional loans. This type of financing through CashFlo It is tailored to help borrowers by utilizing personal assets rather than traditional income or credit history.

ASSET BASED LENDING

Our Vision

An asset based Finance or asset utilization uses assets as income. Whether you are a retiree with a small fixed income or a self-employed borrower, the ease and benefits of asset-based loans and mortgages have made them a popular solution for borrowers in recent years. This type of financing is especially popular among those looking for an alternative to a no doc loan.

CashFloit LLC takes a common-sense approach to underwriting asset-based Finance for a painless application process.

With an asset-based Finance agreement, also known as an asset depletion , borrowers are granted Finance based on their assets. An asset-based Finance mortgage allows you to utilize the assets you have already invested in to secure the cash you need now.

Asset utilization Finance product can serve as great mortgage options for retirees, investors, and/or self-employed borrowers that have assets on-hand.

Key Takeaways

Asset-basedf finance allow you to leverage personal assets, such as bank accounts and investment accounts, to secure a mortgage.

Asset-based finance options do not require income verification and are ideal for self-employed individuals, those with non-traditional income sources, or retirees.

Alternatives to asset-based financing includes bank statement loans, P&L loans, conventional loans, and DSCR loans, each of which caters to different financial situations and needs.

Why CashFlo It?

Quick & Simple Process

Other lenders boast speedy approvals but require merchants to complete extensive and intrusive forms. Our easy application process is built around an in-house communication center that gives our Funding Advisors and underwriters instant access to the information they need to quickly and easily provide working capital, with approval in as little as 2-5 business hours and funding in as little as 1 business day.

Responsible Funding

Our sustainable lending practices are designed to help small businesses get ahead. Traditional lenders reject most applications for small business loans, but at CashFlo It, approvals are based on your business’s potential—not your credit rating—so we’re able to fuel the growth of more small and mid-sized businesses. We won’t over-leverage your business, and unlike some lenders, we don’t restrict how you use your funds.

People First

We know there’s no “one size fits all” small business lending solution. After you fill out our quick online application, you’ll speak to a real person who will take the time to get to know your business and help you understand your funding and repayment options. If you have any questions throughout the process, your Funding Advisor is there to help—we respond to all voicemails and emails within an hour.