At RJ Funding Services—also known as Rafter J Funding Services—we specialize in helping business get the capital they need to finance their entrepreneurial endeavors. Since the recent Great Recession, traditional lending has seen a rise in stricter regulations that affect banks’ abilities to provide business loans. While some of these regulations are a good thing, sometimes business owners get the short end of the stick because of legislative red tape. Sometimes, it may even seem like entrepreneurs are punished for bad lending practices of the past.
By thinking outside of the box and offering creative financing, RJ Funding Services can help business owners get the funds they need to thrive. One such method for alternative financing is asset based lending. Unlike traditional business loans, where a number of factors like credit scores and revenue analysis come into play, asset based lending allows an individual to secure capital by leveraging tangible assets as collateral.
Benefits of Asset Based Lending
When providing asset based funding, we can extend credit based on the value of equipment or property. Recently, we have expanded assets eligible for this type of lending to include collectible vehicles and antique items, fine art, jewelry, and heavy equipment. All of these assets can be transformed into collateral so that you can do what you do best: run your business.
Asset based lending allows you access to flexible credit that can be applied to all business-related expenses including marketing costs, employee salaries, and business purchases. We offer clear and ethical terms for repaying these types of loans. Our clients enjoy low interest rates, fixed monthly payments, and no penalties for early payment.
To learn more about our services including alternative lending, call (855) 461-1685 to speak with a friendly and knowledgeable member of our team. We serve clients in all 50 states.