Asset Loans - Do They Work for You?

By: Russell Percival

Do you have an Asset that you can borrow against?

Asset loans or asset based financing refers to loans that are secured by using your physical assets as security on a loan. Russell Percival from Asset Loan Co says that his company provides innovative financial solutions to borrowers for business or investment opportunities. Borrowers are generally from the business sector and investors who require short-term finance for business or investment purposes and traditional lending institutions can not meet the urgency of the borrower's time constraints.

You can borrow against your assets for:

- A Shortfall in Settlement of Investment Properties;
- Your business;
- The Purchase of Shares;
- Payment of GST or other taxes;
- Bridging finance for D.A Approvals; or
- Any business or investment purpose.

Asset Loans are a provided for a unique market which is critically time sensitive, and largely, the type of loans offered are short term loans secured by bridging finance. The focus is on ensuring that security provided for the loans is adequate to protect the interests of investors, whilst at the same time providing finance to borrowers within extremely short timeframes.

Funding through providers such as Asset Loan Co is usually provided within 2 to 5 working days, but can be expedited to 24 hours in some cases. Loan terms are generally less than 6 months. Security is ordinarily real property and loan to valuation ratios do not exceed 80%.

Using existing assets of businesses as collateral to provide working cashflow, they are now able to better finance their business operations which provides them with the flexibility to grow above and beyond the constraints of their current working capital.

Asset based financing relies on the value of the underlying collateral to minimise the loan's credit risk.

Who Should I Choose as a Lending Provider?

You really want to work with a company such as Asset Loan Co as they can offer you:

- Public company credibility;
- Direct access to the person who approves your loan;
- In-house funding;
- Instant decisions;
- Immediate requirements; and
- A "No Loan is Too Hard" attitude.

They are also conscious of the critical nature of businesses requiring money urgently for business or investment purposes, and understand that such dealings can be exceptionally time sensitive. We pride ourself on working quickly to meet our clients' requirements and deadlines and to offer a quick and hassle free alternative to traditional lending. We can provide our customers with direct access to our wealth of knowledge and resources and can serve your asset based finance needs with the stability to nurture a long-term relationship.
They are a public-listed company working to provide you with fast funding to capitalise on business or investment opportunities.

The executive of Asset Loan Co, Rob Borbidge, Paul Hare, and Russell Percival are experienced business professionals so you can be sure that your lending experience is in good hands as collaboratively they have a wealth of business experience and knowledge.

For further information on asset loans please visit the Asset Loan Co website at or telephone 1300 55 90 40. If you would like information on the executive please go to assetfinanceco.net.au

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