| Asset-Based Lending is secured financing that
utilizes a company's assets as collateral to generate cash to meet
the company's short- and long-term cash needs. This financing is
ideal for businesses experiencing rapid growth, seasonal sales,
or difficult economic cycles.
A business with tangible assets and competent management
can use its assets to create working capital to relieve payroll
stress, purchase equipment and inventory, qualify for vendor discounts-in
essence, working capital that can finance growth.
WWCB2B.COM represents
a number of financial lenders that provide loans to businesses when
other financing sources are either unavailable or inadequate. Unlike
banks that rely on balance sheets and cash flow projections as loan
criteria, we use a client's business assets as a basis for lending.
Perhaps most importantly, our prospective borrowers do not have
a minimum net worth. The result is greater borrowing power than
can be achieved from a traditional banking approach.
Loans made that are introduced by WWCB2B.COM are constantly at work because they function as
a revolving credit line. The amount of funds available fluctuates
with the value of the collateral.
Our interest rates are negotiable and vary according to the following:
- Accounts Receivable
- Inventories
- Machinery and Equipment
- Real Estate
- Certain Intangibles
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