Companies can use collateral for the loan, such as an asset or a combination of assets including machinery, equipment, inventory, receivables and more.
New York, NY (PRWEB) December 15, 2015
Universal Business Capital Group presents out-of-the-box financing solutions with its new assets based loans. Companies that were previously turned down by a capital source may succeed in obtaining assets based financing from Universal Business Capital Group. The line of credit is secured by a company's assets and is a short-term loan of one to three years.
“When a borrower has trouble raising capital in the traditional way and is in need of immediate financing, we at Universal Business Capital Group are ready to consider structuring assets based loans,” said Mark Grossman of UB Capital Solutions. “Companies can use collateral for the loan, such as an asset or a combination of assets including machinery, equipment, inventory, receivables and more.”
Assets based loans with Universal Business Capital Group give a company with little capital the ability to obtain financing. This is accomplished by utilizing lenders that are non-banks or separate subsidiaries of banks, which are not as limited by federal regulations or restrictive internal loan granting philosophies. Through using collateral, businesses may be able to finance company needs such as inventory purchases, expansions, or acquisitions.
Clients of UB Capital Group will benefit from a higher loan-to-value (LTV) for leveraging. This means a company may be able to borrow more against collateral than they would with other lending groups. UB Capital Solutions offers a revolving line of credit to its borrowers, which maximizes lending capacity. This allows the credit limit to fluctuate based on accounts receivables balances, which will be monitored by the lender. Assets based loans allow businesses to create a bridge between payment received and expenses.
Universal Business Capital Group offers clients direct access to decision makers and provides financial consulting. The company offers the best rates available. Businesses in need of immediate financing with an assets based loan may submit an executive summary to Universal Business Capital Group, and if qualified, can expect preliminary approval within 24 hours. Visit http://ubcapitalgroup.com/home/assets-based-loans/ to learn more.
About Universal Business Capital Group:
A subsidiary of Universal Business Structured Solution, Universal Business Capital Group is well known in the financial industry and is made up of experts who boast more than 65 years of experience. This makes the capital group a top choice for companies seeking creative financing solutions. Viable projects may seek immediate funding for private equity, accounts receivable financing, venture capital, working capital financing, commercial real estate financing, renewable energy financing, assets based loans financing and more at http://ubcapitalgroup.com/home/.