Asset Based Lending
In this market there are a lot of people having trouble finding financing. Even those with great credit are trying to find the right bank so that someone could get them some MONEY!!!! It is SCARY OUT THERE. However, there are solutions. Microloans are turning out to be the new heros in this hard ecomonic climate. There are other avenues as well that I had not even thought about until one of my clients got approved for a $45,000.00 line of credit… YESTERDAY! ASSET BASED LENDING. If you have credit card receipts, there are places that will fund you on that ALONE. It is worth taking a look at. I will be back later with more information.
We can all continue to learn together.