Secured Line of Credit 

In asset-backed lending, a business pledges an asset or cumulative assets as collateral in exchange for a line of credit.
The loan may be secured by a variety of assets, such as accounts receivable, equipment, inventory, or commercial property. 
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Assets that can be pledged include but are not limited to:
Inventory
Purchase Orders
Equipment
Commercial vehicle
Accounts Receivable
Real Estate Equity

• Loan amounts to $10 Million
• Rates start at 9.99%
• Terms to 5 years
• Up to 75% LTV based on auction value

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** Approvals are based on any equipment that the lender deems viable.  An appraisal will be ordered and LTV's are generally based on the auction value of the equipment that will be pledged as security on the loan