A: Asset-based financing, also known as asset-based lending, is a financial strategy where businesses secure a loan using their assets as collateral. These assets can include inventory, equipment, accounts receivable, or real estate properties. Miles Capital Partners specializes in providing asset-based financing solutions to businesses in need of capital.
A: Unlike traditional lending, which primarily relies on creditworthiness, asset-based financing focuses on the value of a business’s assets. This makes it an attractive option for businesses with substantial assets but limited access to traditional loans, providing them with the opportunity to secure funding based on the value of their tangible assets.
A: Yes, Miles Capital Partners provides asset-based lending solutions for real estate properties. Whether you need financing for commercial properties, development projects, or real estate acquisitions, our expertise in asset-based lending ensures that you can leverage your real estate assets to secure the funding you require.
A: Miles Capital Partners accepts various assets as collateral, including inventory, equipment, accounts receivable, and real estate properties. By leveraging these assets, businesses can obtain loans tailored to their financial needs, offering flexibility and liquidity.
A: Miles Capital Partners works with businesses across diverse industries. From manufacturing and retail to real estate development and construction, we provide asset-based lending solutions tailored to the unique needs of each industry. Our goal is to help businesses in various sectors access the capital they require for growth and expansion.