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Types Of Loans Bedrock Specializes in:
Virtually Any Type Of Business Loan!
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Asset Based Loans |
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What is an Asset-Based Loan? ¨ An asset-based loan is a loan secured by the assets of the company ¨ This type of financing is very flexible and can be done as a line of credit against accounts receivable, or a term loan ¨ It can replace the restrictive accounts receivable credit line offered by banks, and possibly offer your business more cash
What is an Asset-Based Loan used for? ¨ Working Capital to bridge financial gaps during the lifecycle of a business ¨ To acquire a strategic partner or competition ¨ Turnaround financing, used by under-performing business that are not achieving their full potential ¨ Capital Expenditures, to acquire or upgrade assets such as building and machinery ¨ Growth, as a company grows so does the need for financing ¨ Re-capitalization, the process of revising a company’s capital structure ¨ Refinancing/restructuring, used for market expansion, completion of an acquisition, restructuring operations ¨ Buyout, the purchase of a controlling percentage of a company’s stock |