Asset Based Lending In Newport Beach, CA: Ideal For Business Growth

January 24, 2017 by CNH Finance, LP in category “Financing”

Asset-Based-Lending-In-Newport-Beach-CA-compressor

For local businesses which are trying to position themselves for growth, nothing beats asset based lending in Newport Beach, CA. By using asset based lending in Newport Beach, CA, businesses can get access to the working capital they need, without having to resort to traditional bank loans or taking on unnecessary debt.

What Is Asset Based Lending In Newport Beach, CA?

Asset based lending involves an in-depth analysis of property owned by a business, and then structuring a line of credit around the value of said property. Things such as inventory, equipment, vehicles, commercial real estate, and receivables determine the amount of credit available to business owners. Asset based lending in Newport Beach, CA is a revolving business line of credit which provides extra purchasing power, in addition to offering the ability for business owners to position themselves for rapid growth.

Asset Based Lending In Newport Beach, CA Offers Growth

As businesses use asset based lending, they increase their credit ratings. This makes asset based lending in Newport Beach, CA ideal for small and emerging businesses that want to qualify for larger financing programs. Additionally, asset based lending in Newport Beach, CA grows as a business makes improvements. As businesses see an increase in receivables, acquire better equipment, move into larger facilities, and improve other aspects, the spending limit on asset based lending in Newport Beach, CA will also increase. The higher spending limit gives local businesses the ability to reach and surpass new milestones, which will trigger yet another increase in asset based lending spending limits. Essentially, asset based lending in Newport Beach, CA promotes continued growth for long term success.

Asset Based Lending In Newport Beach, CA Is Debt Free

Unlike traditional loans, asset based lending does not force business owners to assume debt. Also, asset based lending in Newport Beach, CA does not force business owners to use all of the capital available all at once. Because asset based lending in Newport Beach, CA is a revolving line of credit, business owners only need to access what is needed, and then replenish the amount later on.

Get The Best Asset Based Lending In Newport Beach, CA

CNH Finance is the leader in providing asset based lending in Newport Beach, CA. If you are looking for working capital, but want to sidestep the red tape of traditional lending channels, call our offices.

Image for 'Business Budgets: Saving Money While Increasing Productivity'
Business Budgets: Saving Money While Increasing Productivity

Business budgets are normally centered around striking that delicate balance between maintaining regular operations and achieving steady growth. However, if you own a new or small…

Image for 'Loan Turndowns and Viable Financing Options'
Loan Turndowns and Viable Financing Options

Loan turndowns are not unusual for new and small businesses. Traditional loans have prohibitively high accessibility requirements, pushing many businesses to the sidelines when they need…

Image for 'Asset Based Lending FAQs: A Guide For Small Businesses'
Asset Based Lending FAQs: A Guide For Small Businesses

Here at CNH Finance, we often receive questions from small business owners about the specifics of asset based lending. With all of misinformation floating around online from less than…

Image for 'Tax Advantages For Businesses With Fixed Assets'
Tax Advantages For Businesses With Fixed Assets

We frequently explore the benefits of fixed assets and how they can help businesses get financing without needing traditional bank loans. However, there are tax advantages to owning fixed…

CNH Finance
24 East Ave #1285
New Canaan, CT 06840
Phone: (203) 266-3210

Business Development
Long Beach, CA 90803
Phone: (562) 833-7815

Business Development
3334 E. Coast Hwy, Suite 541
Newport Beach, CA 92625
Phone: (714) 520-1788

Melinda Ficek
mficek@cnhfinance.com

Maryland Office
3 Bethesda Metro Center, Suite 723
Bethesda, MD 20814
Phone: (301) 529-9993

Steve Silver
ssilver@cnhfinance.com

Business Development
5050 Quorum Drive, Suite 700
Dallas, TX 75254
Phone: (972) 687-9157

Rossi Felix
rfelix@cnhfinance.com